Business
PH metals up by 6% in 2017
The local metallic production ended 2017 with a record of P109 billion lead, surpassing the previous P103-billion value of the...
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PH nickel output hits a six-year low at 33 percent
The closure of more than half of the major mining operations in the country further delineated nickel output to a...
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A likely change in PH mining policy will allow fair revenue-sharing between gov’t and mining contractors
It is pretty clear that the Duterte administration is closely supervising the current mining industry and has indicated to make...
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Marcventures is on board with Cimatu’s ‘progressive rehab’, announces four percent mine coverage so far
Days after Environment Chief Roy A. Cimatu called out mining companies to pull themselves together and get with the new...
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After six years, tax reduction on gold sales reaps rewards
About P1.5 million gold sales were purchased by the Bangko Sentral ng Pilipinas (BSP) in Baguio the previous month as...
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OceanaGold mine finishes 2017 with top production of 180,000 ounces of gold
Global miner OceanaGold Corp. exceeded the 2017 gold production guidance range of 150,000 to 160,000 ounces (oz.) raked via its...
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South Cotabato mining, quarry taxes record all-time high at P17m, up by 12.6%
South Cotabato collected nearly P17 million from January to October for mining, sand, and gravel taxes that was exceeded by...
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Mining, oil sectors advance in PSEi following Fitch boost
The latest Fitch ratings have raised the Philippine stock index congruent with Duterte’s economic plans, contributing gains from the mining...
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Global Ferronickel posts P779.7 million net income in first nine months
Publicly listed Global Ferronickel Holdings Inc. (FNI) has filed a net income of P779.9 million with the Philippine Stock Exchange...
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Marcventures is ‘surviving entity’ of new merger with two miners
Marcventures Holdings, Inc. (MHI) will be the surviving entity after its new merger with Asia Pilot Mining Philippines Corporation (APMPC)...
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