Higher revenues continue to bolster economic development and environmental protection programs OceanaGold (Philippines), Inc. (OGP) remitted PHP 506.9 million in local business taxes (LBT) to three municipalities in Nueva Vizcaya and Quirino for 2026—a 20.2% increase from the PHP 421.9 million paid the previous year. The higher remittances were driven ...

On March 30, 2026, President Ferdinand Marcos Jr. formally opened the Cavitex C-5 Link Segment 3B, a key infrastructure development expected to significantly improve mobility across southern Metro Manila and nearby Cavite provinces. The newly completed six-lane, 2-kilometer connector forms part of the broader 7.7-kilometer Cavitex C-5 Link corridor, de...

Meralco PowerGen Corporation (MGEN), through its affiliate Terra Solar Philippines Inc., has energized the first 250 megawatts (MW) of its solar capacity, marking the start of commercial operations and a key step in the country’s transition to cleaner energy. The milestone represents a critical phase in the project’s staged development and comes amid h...

In the nickel provinces along the Pacific coast, the day begins with a quiet defiance of tradition. Before sunrise, a woman heads to a mine site carved into the laterite hills. By first light, she is already in the field—examining rock faces and collecting samples, reading the earth like a story that may reveal whether the deposit holds promise. At six...

OceanaGold (Philippines), Inc. has extended the projected life of its Didipio gold-copper mine to 2037, following the filing of updated technical reports that underpin long-term production and cash flow generation. In a disclosure to the Philippine Stock Exchange, OceanaGold Philippines said the revised mine plan, based on its 2025 Mineral Reserves, su...

Benguet Corporation reported a 74% increase in net income for 2025, supported by stronger production and higher commodity prices, as the board approved cash dividends for shareholders. The company posted consolidated net income of 760 million pesos for the year ended Dec. 31, up from 436 million pesos in 2024, alongside a 38% rise in revenues to 3.31 b...

The Department of Budget and Management has released around PHP16.5 billion to the Department of Public Works and Highways to accelerate infrastructure spending and support economic growth, following a directive from Ferdinand Marcos Jr.. The funds, issued through a Notice of Cash Allocation to the DPWH Central Office, will be distributed to implementi...

Ferdinand Marcos Jr. has ordered the release of PHP44.17 billion to accelerate the implementation of the Metro Manila Subway Project Phase I and the North-South Commuter Railway system. The funds were released to the Department of Transportation after the Department of Budget and Management, led by Acting Secretary Rolando Toledo, approved two Special ...

Semirara Mining and Power Corporation (SMPC) is preparing an upgraded mining plan aimed at securing government approval for the renewal of its coal operating contract (COC) for the Semirara Island mine in Antique, as it moves to sustain production and long-term operations. The company said it is finalizing what it described as its “best mining plan” to...

The Department of Labor and Employment (DOLE) has begun extending assistance to 1,296 workers expected to be displaced by the planned closure of FCF Minerals Corp.’s mining operations in Barangay Runruno, Quezon, Nueva Vizcaya by the end of 2026. The company earlier announced that its Runruno Gold Project will cease operations due to depleted ore reser...

One of the main events of 2025 was the Philippines-Australia Business Council’s (PABC) 50th Anniversary. Established in July 1975, PABC commemorated this special occasion in a grand celebration that was held at Manila Polo Club in Makati last November 12. This milestone event marks five decades of excellence, collaboration, and growth through active en...

Listed natural resources development company Nickel Asia Corp. (NAC) said it has surpassed its diversity, equity and inclusion (DEI) target and enhanced sustainability tracking systems as it marked the midpoint of its 2030 environmental, social and governance (ESG) agenda. The company assessed its sustainability performance five years after launching i...

SILANGAN Mindanao Mining Co. Inc. (SMMCI) is nearing a key milestone as its flagship project moves closer to commissioning and first metal production, with top executives conducting on-site inspections to ensure operational readiness. Company President and CEO Engr. Eulalio B. Austin Jr., along with members of the management committee of Philex Mining ...

Apex Mining Co. Inc. has doubled its cash dividend rate to 20 percent of consolidated net income and declared a special dividend, bringing total payouts to ₱3.83 billion. The company said its board of directors approved the amendment to its dividend policy on March 17, increasing the payout from the previous 10 percent of consolidated net income based ...

Operational excellence that encompasses environmental protection and community partnership Demonstrating its continuing commitment to responsible and sustainable mining practices, TVIRD Group projects recently underwent the annual Tenement Safety, Health, Environment, and Social Development (TSHES) Audit, conducted by the DENR’s Mines and Geosciences B...

“Speaking to the media at the Australian Embassy’s Annual Journalists’ Reception, Australia’s Ambassador to the Philippines, His Excellency Marc Innes-Brown, honored Filipino journalists for connecting people and illuminating the truth. He emphasized that fearless reporting and quality journalism are essential for upholding democracy and strengthening tie...

For a wonderful start of the year, Philippine Mining and Exploration Association Monthly Membership Meeting focused on sustainable industrial solutions and advanced exploration technology, featuring speakers Michael Maglipon (President) from GFRP Philippines and Joven Brett Pacyaya (Asst. Manager, Geology) from Cordillera Exploration Co., Inc. The meeting...

RTN has successfully completed an Integrated Management System (IMS) surveillance audit covering three international ISO standards, achieving zero non-conformity findings. The audit, conducted from March 10 to 12, 2026 by TÜV NORD Philippines Inc., assessed the company’s compliance with ISO 9001:2015 for Quality Management Systems, ISO 14001:2015 for E...

The Philippines is interested in forging a possible critical minerals agreement with Canada to further develop the country’s mining sector, according to the Department of Trade and Industry (DTI). Trade Undersecretary Ceferino Rodolfo said the potential partnership was discussed during the Philippines’ participation in the 2026 Prospectors and Develope...

Weir has been awarded a contract to supply a 150 tph crushing and screening plant for Bezant’s Hope and Gorob Copper-Gold Project in Namibia. The value of the agreement has not been disclosed. The order includes: an ENDURON® ET905 jaw crusher; an ENDURON® ET906 jaw crusher; a Trio® TF4012 vibrating grizzly feeder; a Trio® EF3605 vibrating pan feeder; a...

In a recent report by Philippine Nuclear Research Institute of the Department of Science and technology (DOST-PNRI), radiation-processed plastic waste can now be used as construction materials. Plastic waste accumulation is a global problem and the Philippines is particularly identified as the top source of ocean plastic pollution in the world accordin...

In an industry long dominated by multinational giants, Paramina’s rise over the past three decades reads like a classic David-and-Goliath story. Paramina International — formerly operating as Paramina Earth Technologies — was founded in 1996 as a Philippine-based mining contractor and technical solutions provider with a straightforward goal: fill a gap in...

From mapping mountains to mentoring generations, the Geological Society of the Philippines (GSP) has been the pillars of Philippine geology. To celebrate its 80th Anniversary, GSP’s Oak Jubilee and Geological Convention (GEOCON) 2025 was held at the Solaire Resort North, Quezon on December 2-3, 2025. The event honored the leaders in geoscience, latest ...

Agata Mining Ventures Inc., operator of the maiden nickel mining project of TVI Resource Development Philippines Inc. (TVIRD), which is now in its final rehabilitation stage, was recognized by the Technical Education and Skills Development Authority (TESDA) with both regional and national Kabalikat Awards last November 24 at the Philippine Trade Training ...