SITE PROFILE The Delta BAAC Project, located in Rizal, Philippines, is a basalt quarrying operation owned by Helix Aggregates, Inc. with Delta Earthmoving, Inc. as the principal client. Orica serves as the blasting contractor under Delta and has been delivering services at the BAAC site since 2009. The project operates under a Total Loading Service...
Apex Mining Co. Inc. (APX) reported a 94-percent increase in consolidated net income for the first quarter of 2026, driven by significantly higher gold prices despite lower sales volumes and weaker ore grades. In a disclosure, the listed mining company said consolidated net income reached P2.82 billion in the January-to-March period, up by P1.37 billio...
The Philippines highlighted its strategy for developing a sustainable and investment-friendly critical minerals sector during the OECD Critical Minerals Forum held on April 28–29 at the OECD Istanbul Center. The Department of Environment and Natural Resources (DENR) and the Mines and Geosciences Bureau (MGB) joined the Philippine delegation at the foru...
Listed natural resources development company Nickel Asia Corp. (NAC) reported a 26-percent decline in attributable net income for the first quarter of 2026, although the company said core earnings improved amid stronger nickel prices and continued expansion in its renewable energy business. Attributable net income, net of minority interest, fell to P37...
Indonesia and the Philippines are moving to strengthen regional cooperation in the nickel industry through the proposed Indonesia-Philippines Nickel Corridor, aimed at reinforcing critical mineral supply chains and expanding industrial collaboration across Southeast Asia. The initiative was highlighted during a high-level business roundtable led by the...
Reaffirming a shared commitment to environmental protection and sustainable resource management, the Department of Environment and Natural Resources (DENR) Region XIII (Caraga), in partnership with Hinatuan Mining Corporation – Tagana-an Nickel Project (HMC-TNP), successfully conducted a training program for accredited Deputy Environment and Natural Resou...
Hinatuan Mining Corporation – Tagana-an Nickel Project (HMC-TNP) continues to uphold its strong commitment to sustainable, responsible, and progressive mining operations after successfully completing the Tenement, Safety and Health, Environment, and Social Development (TSHES) Monitoring conducted by technical personnel from the Mines and Geosciences Burea...
MAKATI CITY, PHILIPPINES — The Philippine Nickel Industry Association (PNIA) and its member companies laud the recent decision of the Supreme Court in G.R. No. 262969, which dismissed the Petition for a Writ of Kalikasan filed against Hinatuan Mining Corporation (HMC). This landmark ruling marks a definitive shift in the regulatory landscape, effective...
OceanaGold (Philippines), Inc. has sold 31% or around 6,684 ounces of its annual gold doré production to the Bangko Sentral ng Pilipinas (BSP) in 2025, exceeding the minimum 25% commitment under its gold buying agreement with the central bank. The higher-than-committed delivery reinforces the Philippines’ reserve buffer and supports national economic ...
OceanaGold (Philippines) Inc. reported a net income of $34.7 million in the first quarter of 2026, driven by strong gold prices and steady production from its Didipio gold-copper mine in Nueva Vizcaya. In a disclosure to the Philippine Stock Exchange, the company said revenue for the January-to-March period reached $158.4 million, nearly double the $79...
The Mines and Geosciences Bureau (MGB) has released the list of qualified mining companies for the 2026 Presidential Mineral Industry Environmental Award (PMIEA) and Best Mining Forest Contest (BMFC), recognizing firms that demonstrated compliance with environmental protection, mine safety and sustainable development standards. The PMIEA is considered ...
The Asian Development Bank has launched a financing facility aimed at helping countries in Asia and the Pacific develop secure and sustainable critical minerals supply chains needed for clean energy technologies and industrial growth. The new Critical Minerals Financing Partnership Facility seeks to mobilize financing and technical assistance for proje...
TVI Resource Development Philippines Inc. said it is integrating a 5.3-megawatt-peak solar power facility into the Siana Gold Project in Surigao del Norte as part of efforts to strengthen operational sustainability and improve energy reliability at the mine site. The company said the solar facility, being developed under Greenstone Resource Corp., is e...
Philex Mining Corporation swung to a net loss of P592 million in the first quarter of 2026, reversing a profit a year earlier, as lower ore throughput and production at its Padcal mine dragged results, the company said. The listed miner reported a core net loss of P281 million, compared with a core net income of P71 million in the same period last year...
OceanaGold (Philippines), Inc. has significantly increased its contribution to the national treasury, remitting PHP 2.14 billion in additional government share (AGS) for fiscal year 2025 and formally turning it over to the Department of Environment and Natural Resources (DENR) through Secretary Juan Miguel “Mitch” Cuna, in accordance with the terms of its...
Blackstone Minerals Ltd. said a cease-and-desist order on its Mankayan copper-gold project in the Philippines has been lifted, clearing the way for exploration activities to resume and drilling for a pre-feasibility study to begin in the near term. The order, issued by the municipal mayor of Mankayan, had previously halted exploration work by the compa...
Follow on LinkedIn:
Be the "First" to get our exclusive Digital Magazine & Weekly Newsletter.
Our website uses cookies. By continuing to use this website, you are providing consent to our use of cookies.