The 2025 Extractives Transparency Week (ETW) opened with renewed momentum toward more inclusive and accountable natural resource governance in the Philippines, as the Philippine Extractive Industries Transparency Initiative (PH-EITI) marked its second decade of promoting transparency, accountability and public participation in the mining, oil and gas sect...

The country’s premiere annual “red carpet” for excellence in environmental management and safety once again shone on TVI Resource Development Philippines Inc. (TVIRD), as its Siana Gold Project and Balabag Gold and Silver Project both clinched the coveted Presidential Mineral Industry Environment Award (PMIEA). The awards were conferred at the CAP Conv...

Diwata-Women in Resource Development Inc. (Diwata Inc.) successfully held the inaugural session of its new mentoring series, "Network to the Next Level," in partnership with Raniag Minera of OceanaGold Philippines, Inc. The event, held at the historic Hill Station, Casa Vallejo, in Baguio City, gathered female leaders, mining professionals, and students f...

The value of the country’s metallic mineral production increased by 14.8 percent in the first nine months of 2025, driven by higher gold revenues, steady nickel prices and a sharp rebound in iron ore output, preliminary government data showed. Figures from the Mines and Geosciences Bureau (MGB) placed the value of metallic mineral production at P219.74...

For the second consecutive year, the TVIRD Mining Group marked another milestone in safety and emergency preparedness by taking the championship at the Mine Safety Field Competition during the 71st Annual National Mine Safety and Environment Conference on November 21. The sun was warm, the wind was cool and the air was tight as cheers echoed across the...

Department of Environment and Natural Resources (DENR) Secretary Raphael Lotilla emphasized the pivotal role of responsible mining in promoting sustainable economic growth and uplifting local communities. Speaking at the Pilipinas Conference organized by StratBase ADR Institute in Makati, Lotilla highlighted the DENR’s ongoing reforms through the Mines...

Environment Secretary Raphael P.M. Lotilla underscored the Philippines’ commitment to responsible and innovation-driven mineral development as the global shift to a low-carbon economy accelerates. In his opening address at the Philippines–Sweden Smart Mining Forum, Lotilla said the Philippines, as a resource-rich nation, holds both “a responsibility an...

The Philippine mining sector marked a significant milestone on November 18, 2025 as 69 newly licensed mining engineers took their oath in a face-to-face ceremony at the Paragon Hotel Function Hall in Baguio City. DENR Assistant Secretary for Mining Concerns and concurrent MGB OIC Director, Engr. Michael V. Cabalda, graced the solemn event. In his keyno...

The Philippines put its mining governance efforts on the international stage at the 21st Annual General Meeting of the Intergovernmental Forum on Mining, Minerals, Metals and Sustainable Development (IGF), held Nov. 3–5, 2025, at the Palais des Nations in Geneva. Hosted by the United Nations Conference on Trade and Development (UNCTAD), the annual meet...

Metallurgical test work at the Maalinao-Caigutan-Biyog (MCB) Copper-Gold Project has confirmed that high copper and gold recoveries are achievable in the first decade of mining, Celsius Resources Limited reported. The tests, conducted by Brisbane Met Labs on ore samples from the first five years of mine life, showed consistent results across different ...

Global Ferronickel Holdings, Inc. (PSE: FNI), one of the Philippines’ leading nickel ore exporters, reported a 203.7% surge in net income attributable to shareholders to ₱1.527 billion for the first nine months of 2025, up from ₱502.6 million in the same period last year. This translated to earnings per share of ₱0.2978, reflecting improved profitability ...

Higher metal prices and stronger revenues boosted the profitability of OceanaGold (Philippines) Inc. (OGPI) during the nine months to September, with net income soaring by 67.8 percent to $49 million compared with the same period last year. In a disclosure, the company said total revenues rose by 20 percent to $317.2 million, mainly due to its “full ex...

Apex Mining Co. Inc. (APX) and its subsidiaries posted a consolidated net income of ₱5.45 billion for the first nine months of 2025, marking a 78 percent increase from ₱3.07 billion in the same period last year. For the third quarter alone, the group earned ₱2.15 billion, up from ₱1.31 billion in 2024. Parent company Apex Mining recorded ₱5.02 billion ...

Integrated energy company Semirara Mining and Power Corporation (SMPC) reported a 37% decline in net income to ₱9.9 billion for the first nine months of 2025, from ₱15.7 billion in the same period last year. The decrease was mainly driven by weaker coal and electricity prices and higher production-related costs. “This has been a more difficult year ope...

SITE PROFILE The Masbate Gold Project (MGP) is a joint operation of Filminera Resources Corporation (FRC) and Phil Gold Processing and Refining Corporation (PGPRC). FRC owns, manages, and operates the entire Mineral Production Sharing Agreement (MPSA) awarded by the government, while PGPRC owns and operates the gold processing plant and is responsible...

Precision drilling and operational discipline are essential at the low-grade, high-tonnage Masbate Gold Project, one of the largest operating surface mines in the Philippines.  Every meter matters at the Masbate Gold Project. Located on a remote island 350 kilometers southeast of Manila, the mine has built a reputation for delivering gold safely, susta...