FNI Pushes Forward with Investments as 2024 Profits Take a Hit
Global Ferronickel Holdings, Inc.), the Philippines' second-largest nickel ore producer, announced a 51.8% drop in net income attributable to shareholders ...
Tag: mining
Palawan officials enforce 50-year mining ban in environmental push
Palawan is imposing a 50-year moratorium on endorsing small- and large-scale mining applications following the unanimous approval of the Sangguniang ...
Runruno Gold project spurs socioeconomic progress in Nueva Vizcaya
The Runruno Gold Project has propelled Quezon town in Nueva Vizcaya from a fourth-class municipality to first-class status, underscoring the ...
Senate president calls for cancellation of inactive mining licenses
Senate President Francis G. Escudero has called on the Department of Environment and Natural Resources (DENR) to drop mining exploration ...
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% ...
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 ...
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 ...
DOE 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 ...
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 ...
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 ...
