Business
DENR joins forces with mining companies in Benguet, to combat forest fires in CAR
Mining companies in Benguet province are joining forces with environmental agencies to combat forest fires in the Cordillera region, marking...
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Apex subsidiary remits P40M to small-scale miners
Itogon-Suyoc Resources Inc. (ISRI), a fully-owned subsidiary of Apex Mining Co. Inc., is awarding around Php 40 million as support...
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MMCI’s USD 200-M mining project gets DENR greenlight
The Department of Environment and Natural Resources (DENR) has given its nod to the mineral production sharing agreement (MPSA) for...
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PH aims to lead in EV production, green metals sector
To enhance its position in the global supply chain by utilizing its green metal reserves, the Philippines actively pursued partnerships...
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Atlas Mining’s net income sees 65% plunge
Atlas Consolidated Mining and Development Corp. has reported a 65% plummet in its earnings, dropping to Php 1.1 billion last...
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OceanaGold allocates USD 7M to expand Didipio and fund untapped reserves
OceanaGold Philippines intends to allocate almost $7 million for its exploration program, to expand the Didipio gold-copper mine as well...
Read moreSenate forms subcommittee, to review DoF mining fiscal regime proposal
The Philippine Senate has established a ways and means subcommittee to address proposals aimed at simplifying and revising the fiscal...
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DOF advocates for increased royalties, income-based taxes
The Department of Finance (DOF) is advocating for increased income-based taxes and royalties from mining firms, higher than the proposed...
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Semirara Mining leading fraction DMCI Holdings profit
Semirara Mining and Power Corporation (SMPC), a subsidiary of DMCI Holdings Inc., contributed a primary chunk of profits to the...
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Philex posts lower output, profit in 2023
Philex Mining Corp. posted a drop in its 2023 core net income caused by lower output and increased operating costs...
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