Leading construction company EEI Corporation (EEI) sees stronger revenue visibility and growth as it resurges with a PHP36.85-billion total backlog, or unworked portion of existing contracts, as of July 2025. This represents a 40% jump compared to the PHP26.39-billion reported backlog during the second quarter of the previous year. The company regained...

Megawide Construction Corp. (Megawide) booked a consolidated net income of P436 million in the first six months of 2025, equivalent to 81 percent of its full-year 2024 earnings. Consolidated revenues during the period reached P8.6 billion, as several projects neared completion. Earnings before interest, taxes, depreciation, and amortization (EBITDA) st...

The Philippines is entering a new era of industrial growth. In construction, infrastructure, and mining, leaders will be those who can deploy specialized, ready-to-run technology that delivers results quickly. As mega-projects—from mass transport systems and energy facilities to mineral extraction sites—continue to rise, the demand for precise cost contro...

Listed miner Apex Mining Co., Inc. posted a 70% increase in consolidated net income for the first half of 2025, reaching ₱3.2 billion compared with ₱1.89 billion in the same period last year. The gold producer sold 51,436 ounces of gold in the first half of 2025, slightly lower than the 52,993 ounces sold year over year. Despite the drop in gold sales ...

DMCI Mining subsidiary Berong Nickel Corporation (BNC) has signed a Mineral Production Sharing Agreement (MPSA) with the Department of Environment and Natural Resources (DENR), through the Mines and Geosciences Bureau (MGB) on August 8, 2025 for its Long Point property in Aborlan, Palawan. Covering about 2,177.34 hectares, the MPSA grants BNC the exclu...

Weir is pleased to announce the appointment of Mick Henderson as Regional Managing Director for the Minerals Division in the Asia-Pacific (APAC) region, effective immediately. Mick brings a wealth of experience and a proven track record of delivering results across Eastern Australia and the Pacific Islands. His deep regional insight and customer-first ...

OceanaGold (Philippines) Inc. (PSE: OGP) booked a net income of nearly $15 million (about ₱851 million) in the second quarter of 2025 on revenues of $96 million (₱5.44 billion), buoyed by record gold prices and higher output from its Didipio mine in Luzon. Earnings per share came in at $0.01, while the average realized gold price hit an all-time high o...

Global Ferronickel Holdings, Inc. (FNI) saw its net income surge more than threefold in the first half of 2025 as strong nickel ore prices offset weaker shipment volumes caused by bad weather and regulatory delays. The listed nickel ore producer reported net income attributable to shareholders of ₱622.1 million (about US$11.01 million), up 200.4 percen...

Nickel Asia Corp. (NAC) saw its first-half 2025 profit soar by 88 percent to ₱2.1 billion, driven by stronger nickel ore prices despite lower shipment volumes caused by unfavorable weather. The listed natural resources company told the Philippine Stock Exchange on August 6 that its attributable net income, excluding minority interest, jumped from ₱1.12...

The Mines and Geosciences Bureau (MGB) has granted an Exploration Permit (EP) to Woggle Corporation, an affiliate of FCF Minerals Corporation, for its Dupax Exploration Project in Dupax del Norte, Nueva Vizcaya. The permit, signed on August 4, 2025 at the MGB Central Office, covers 3,102 hectares and allows Woggle to undertake exploration activities to...

Celsius Resources Limited and its Philippine affiliate Makilala Mining Company Inc. (MMCI) announced that work on the updated Feasibility Study and Front-End Engineering & Design (FEED) for the Maalinao-Caigutan-Biyog (MCB) Copper-Gold Project remains on schedule, backed by funding from the Maharlika Investment Corporation (MIC), the country’s soverei...

The San Pedro City, Laguna, northbound interchange of the South Luzon Expressway (SLEX) finally opened on August 1, 2025, providing the city and its neighbouring areas with the fastest route to Metro Manila and the most convenient entry from farther south. The ceremonial inauguration of the entry/exit interchange was led by DPWH Secretary Manuel M. Bon...

The Department of Public Works and Highways, in partnership with the Japan International Cooperation Agency, is intensifying efforts to finalize updated flood control master plans for the Pasig-Marikina and Cagayan River Basins — two major waterways in Luzon that play a crucial role in supporting the economic growth of Metro Manila and the Cagayan Valley ...

The Philippines has surged to 16th place in the Fraser Institute’s 2024 Annual Survey of Mining Companies, a dramatic leap from 72nd out of 86 jurisdictions in 2023 in the Investment Attractiveness Index. In the Policy Perception Index, the country also climbed to 25th out of 82 jurisdictions, improving significantly from 79th place the previous year. ...

In his fourth State of the Nation Address (SONA) delivered on July 28, 2025, President Ferdinand “Bongbong” R. Marcos Jr. reaffirmed his administration’s commitment to infrastructure expansion, rural development and regional connectivity. He outlined key achievements while confronting ongoing issues, stating, “We are building not just for today, but for g...

The Philippine Extractive Industries Transparency Initiative (PH-EITI) and the Philippine Tax Academy (PTA) have formalized a three-year partnership to advance transparency, accountability and fiscal literacy in the country’s extractive industries. Through a memorandum of understanding (MOU) signed on 5 August at the Diamond Hotel in Manila, the two in...

Integrated energy company Semirara Mining and Power Corp. (SMPC) posted a net income of Php4.1 billion in the second quarter of 2025, down 33% from Php6.1 billion in the same period last year. The decline was primarily due to the continued stabilization of coal and electricity prices. “While energy prices eased, we ramped up coal production and boosted...

Philex Mining Corp. reported a net income of Php171 million in the second quarter of 2025, bringing its first-half profit to Php301 million, even as core earnings and revenue showed signs of strain amid fluctuating commodity prices. The company’s second-quarter earnings were down from the Php215 million posted during the same period last year. Core net...

The Department of Public Works and Highways (DPWH) and the Japan International Cooperation Agency (JICA) have successfully concluded the wrap-up meeting for the ongoing Fact-Finding Mission on the Second San Juanico Bridge (SSJB) Construction Project. Held on July 25, 2025, the meeting marked a key milestone in the project, with DPWH Senior Undersecret...

The Philippines' infrastructure sector is set to receive a major boost in foreign investment as Global Infrastructure Partners (GIP)—a part of BlackRock and one of the world’s leading infrastructure investors—moves toward finalizing a strategic partnership with Aboitiz Equity Ventures Inc. (AEV). The discussions include GIP’s potential acquisition of a...

Construction giant EEI Corporation recently marked its 50th year as a listed company at the Philippine Stock Exchange (PSE). During a bell-ringing ceremony, the PSE recognized the company’s legacy as one of the leading construction firms to participate in the equity markets through its public listing. “This half a century of our presence in the stock e...

By Ronald S. Recidoro, Executive Director, Chamber of Mines of the Philippines After more than a decade of uncertainty and policy flip-flops, the reconciled version of the Mining Fiscal Regime Bill, once signed, will mark a turning point in Philippine mineral policy. It is not just the culmination of years of legislative advocacy; it is the resolution ...

From humble beginnings in Barangay Urbiztondo, Claver, Surigao del Norte, to securing a License to Operate as a food manufacturer from the Food and Drug Administration (FDA), the Urbiztondo Crop Producers’ Cooperative (UCPC) is making a name for itself, one cassava chip at a time. On March 12, 2025, the cooperative, composed of 21 women, officially rec...

The Karaang Banwa Marine Protected Area in Barangay Urbiztondo was recognized as 2nd Runner-Up for Best Managed Marine Protected Area in the 2025 HIPADA Siganid Awards, honoring its outstanding marine conservation efforts and strong multi-sectoral collaboration. Karaang Banwa, a thriving marine sanctuary, is an area adopted and actively protected by Ta...