DOF lowers revenue estimates for mining tax reform amid declining metal prices
The Department of Finance (DOF) has amended its annual revenue forecast to Php 6.3 billion from Php 10.23 billion over...
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APEX records 35% increase in 1H
Apex Mining Group conveyed a favorable outcome for the first half of the year as its consolidated net income increased...
FNI expands nickel resources to meet demand in stainless steel, EV markets
Global Ferronickel Holdings, Inc. (FNI) says it looks to expand its nickel resources to cater to the increasing demand from...
OceanaGold Philippines projects higher gold, copper production in H2
OceanaGold Philippines Inc. is anticipating an increase in gold and copper production in the second half of the year, according...
OceanaGold reports 30% drop in Q2 net income
OceanaGold (Philippines) Inc. (OGPI) says the mining firm experienced a 30% drop in its second-quarter net income due to reduced...
DOF explores partnering with GSIS or Maharlika to accelerate mining asset sales
The Department of Finance (DOF) is contemplating a joint venture (JV) with the Maharlika Investment Corporation or the Government Service...
Davao Region’s mineral production hits P11.7 B in 2023
The Mines and Geosciences Bureau in the Davao Region (MGB-11) says that the gross production value of mineral resources in...
Padcal mine may be extended if gold prices are sustained
Philex Mining Corporation can extend the life of its Padcal mine until 2027 if gold prices stay above USD 2,000...
Philex considers major fundraising for Silangan project
Philex Mining Corporation is considering raising an additional USD 400 million to finance the second phase of its Silangan Mine...
Alyansa Tigil Mina: local communities should be included in policy reforms
Alyansa Tigil Mina (ATM), a non-governmental organization (NGO), is appealing to the government to ensure the inclusion of local communities...
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