News
FNI’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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DTI: US to extend grant for PH nickel ore processing
The government of the United States will be extending a grant for the country’s nickel ore processing for the manufacturing...
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PH rejoins EITI, mining stakeholders laud move
As the Philippines rejoins the Extractive Industries Transparency Initiative (EITI), mining stakeholders have lauded the move as it will assure...
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Processing plants in mining industry pushed
Presidential sister and Senator Imee Marcos said that the mining industry must invest in local processing plants to maximize profits...
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House committee okays new mining fiscal regime
The House of Representatives Ways and Means Committee has approved the new fiscal regime for the mining sector, which is...
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Gov’t: Php38B can be generated from new mining fiscal regime
The government is looking at a new mining fiscal regime to provide around Php38 billion in additional annual revenues to...
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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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