Business
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...
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Senate 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...
Read morePhilex raises $170M funding for Silangan project development
Silangan Mindanao Mining Co. Inc., a subsidiary of Philex Mining Corporation, is raising around US$170 million funding requirements as it...
Read moreOceanaGold to utilize P2.5B capex for Didipio project this year
OceanaGold Philippines is utilizing almost Php 2.5 billion to Php 3 billion in capital expenditures (capex) for the Didipio copper-gold...
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