Business
Nickel Asia buys 33.05M shares in Coral Bay Nickel
Nickel Asia Corporation has acquired 33.05 million common shares of Coral Bay Nickel Corporation (CBNC) amounting to $25.937 million. “This...
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FNI acquires 20% of Chinese nickel alloy firm
Global Ferronickel Holdings Inc. (FNI) is set to acquire a 20% stake in the Guangdong Century Tsingshan Nickel Industry Co....
Read moreFNI’s Ipilan Nickel ships 54,700 WMT of nickel ore
The Ipilan Nickel Corporation (INC), an affiliate of Global Ferronickel Holdings, Inc. (FNI), was able to ship out 54,700 wet...
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Congress called to revisit new mining tax regime
Mining companies have opposed the new tax regime which could impend the revitalization of the country’s mining industry, the Chamber...
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Philex Mining looking to raise more funds for Silangan Mine
The Manny V. Pangilinan-led Philex Mining Co. is looking to borrow more funds in order to finance the needed $224...
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DMCI Mining 2Q core income rises to Php 542 million
DMCI Mining Corp. has registered a Php542 million core net income for the second quarter of 2022 an eight percent...
Read moreFNI income dips 35% for 1H
Global Ferronickel Holdings Inc. (FNI) recorded a 34.9% decline in its consolidated net income for the first half of 2022...
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MGB to launch digital platform for monitoring and compliance
The Mines and Geosciences Bureau (MGB) is looking to launch a digital platform that aims to improve monitoring activities and...
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Atlas Mining net income jumps to Php2B for first half
The Atlas Consolidated Mining and Development Corp. registered a net income of Php 2 billion for the first half of...
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Gov’t called to provide stable environment, ESG standards for mining industry
Philex Mining Corp. has asked the current government to provide a stable environment and to specify how companies in the...
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