PH metal production up by 4.8%
Metal production in the Philippines increased by 4.8% in 2023, driven by improved prices and higher output, according to data...
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SEC green lights OGP’s Php 7.9B IPO
The Securities and Exchange Commission (SEC) has given its approval for the Php 7.9 billion initial public offering (IPO) of...
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...
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...
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...
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...
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...
Atlas Mining Reports P1.1B net income for 2023
Atlas Consolidated Mining and Development Corporation recorded a consolidated Net Income After Tax (NIAT) of Php 1.1 billion in 2023,...
Abra Mining stockholders push for probe on illegal trading
The Abra Mining and Industrial Corporation (AR) stockholders are calling the attention of Congress to investigate the alleged inaction of...
Mining industry backs relaxed foreign ownership restrictions
The mining industry has expressed its support for the easing of foreign ownership restrictions under the 1987 constitution to help attract...
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