News
Semirara Mining earns PHP 19.6 B in 2024, down 30% as energy prices stabilize
Semirara Mining and Power Corporation (SMPC) reported a full-year net income of Php 19.6 billion in 2024, marking a 30%...
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DENR moves to streamline mining permit process for efficiency and transparency
The Department of Environment and Natural Resources (DENR), through the Mines and Geosciences Bureau (MGB), is moving to streamline the...
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Nickel Asia Reports P1.52-B Net Income
Despite weaker nickel prices and an 8.5% drop in ore sales revenue, Nickel Asia Corporation (NAC) maintained profitability, posting a...
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Philex Mining’s Silangan Project Hits 50% Completion on Tailings Storage Facility, Targets 2026 Operations
Philex Mining Corp. has reached a major milestone in the development of its Silangan Project in Surigao del Norte, as...
Read moreDOE greenlights SMPC’s PHP 291-B coal complex expansion
Semirara Mining and Power Corporation (SMPC) has received approval from the Department of Energy (DOE) for its planned Php 291-billion...
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Maharlika Backs MCB Project With $76.4M Investment
The Maharlika Investment Corporation (MIC) has approved a $76.4 million bridge loan facility for Makilala Mining Company, Inc. (MMCI) to...
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OceanaGold delivers strong financials despite 30% drop in gold production
OceanaGold (Philippines), Inc. maintained strong financial results in 2024 despite a 30% decline in gold production, largely due to severe...
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Subanen tribe utilizes mining royalties to fund community initiatives
The Subanen tribe has established its first self-financed Ancestral Domain Management Office (Admo) in Barangay Conacon, Zamboanga del Sur, providing...
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PNIA leads mining sector in integrating SDGs ahead of government order
The Philippine Nickel Industry Association (PNIA) has proactively integrated the United Nations’ Sustainable Development Goals (SDGs) into its social development...
Read moreNew DENR directive mandates mining firms to align with UN SDGs
Mining companies in the Philippines must now incorporate biodiversity conservation, climate action, and social equity programs into their Social Development...
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