Philex Mining Corporation (the “Company” or “Philex”) generated Php71 million core net income and an EBITDA of Php329 million for 1Q2025 compared with the Php105 million core net income and EBITDA of Php295 million for 1Q2024. Reported net income reached Php131 million in 1Q2025, 14% higher compared with Php115 million in 1Q2024. Operating revenues inc...
A high-level Philippine delegation recently visited the Luleå University of Technology (LTU) last 2 April 2025 in Sweden as part of efforts to deepen cooperation on sustainable mining practices, critical minerals, and research innovation. The trip underscores the country’s commitment to strengthening global partnerships in support of its growing minerals ...
Celsius Resources Limited is pleased to announce that its Philippine affiliate, Makilala Mining Company, Inc. (“MMCI” or the “Company”), has received formal confirmation from the Philippine Department of Environment and Natural Resources (“DENR”) that it has satisfied the final financial compliance requirement under its Mineral Production Sharing Agreemen...
The onboarding of the Research and Development Project titled "Project ORE: Optimizing Resource Exploration – Integrating Spectrometry and Lithogeochemical Tools for the Advanced Characterization of Critical Minerals in Magmatic Hydrothermal Deposits," held on March 25-28, 2025, at the Petrolab Building, serves as a pivotal platform for advancing our unde...
Women have started to make a mark in the male-dominated mining industry as they shift from mere administrative jobs to highly technical positions that used to be exclusively held by men. Lawyer Froilan Lawilao, legal officer of Benguet Corporation (BC), said that when he joined the company more than 10 years ago, women employees were performing offi...
During the first three quarters of 2024, the value of metallic mineral production increased by 3.17%. This is equivalent to PHP6.02 billion rise in production, from PHP189.90 billion to PHP195.92 billion year-on-year. Precious metals, particularly gold and silver, have experienced a significant surge in value, driven by growing investor interest amidst...
Apex Mining Co., Inc.’s consolidated net income in 2024 amounted to P4.3 B, 28% higher than 2023’s P3.4B. Meanwhile, the consolidated revenues in 2024 reached P=15.1 billion, P=3.1 billion more than 2023’s P=12.1 billion. The consolidated revenues are from Apex Mining’s Maco Mine and from the Sangilo Mine of Itogon-Suyoc Resources, Inc. (ISRI). Luis...
Global Ferronickel Holdings, Inc. a leading nickel ore producer in the Philippines, reported revenues of ₱7.611 billion, net income attributable to shareholders of ₱743.9 million, and earnings per share of ₱0.1451 for the year 2024. Mining revenues were ₱7.592 billion, down 13.4% due to lower nickel ore prices partially offset by strong volumes. By mine s...
The Philippine Extractive Industries Transparency Initiative (Ph-EITI) in collaboration with the Chamber of Mines of the Philippines and Mines and Geosciences Bureau through the MGB GAD Focal Point System organized a significant forum on March 18, 2025, at the Penthouse Ballroom, Lepanto Building in Makati City, with the theme "Mining Her Own Business: El...
The Mines and Geosciences Bureau (MGB), through its Gender and Development Focal Points System, recognizes and supports the Planetgold Philippines Project, which has made significant strides towards gender equality in the artisanal and small-scale gold mining (ASGM) sector, particularly through its recent initiatives. The project published a comprehensive...
By Thea Samantha C. Go, EM Paramina Earth Technologies, Inc. is a proudly all-Filipino mining and civil construction contractor that has been making significant strides both domestically and internationally. With over 29 years of experience, Paramina has pioneered surface and underground contract mining in the Philippines, later expanding into tunne...
The Philippine Nickel Industry Association (PNIA), the country’s largest group of nickel mining companies, has voiced strong concerns regarding the renewed suggestion to impose an ore export ban as part of the mining fiscal regime reforms, highlighting that such a policy may not address the real challenges faced by the industry in developing value-added p...
Senate President Francis Escudero on Thursday said the announced joint venture between Nickel Asia Corporation and DMCI Mining Corporation to develop a nickel processing plant in the Philippines is a “monumental stride” in enhancing the country’s mineral value chain. In a statement, Escudero said the initiative is a significant step in advancing the lo...
DMCI Mining Corp. and Nickel Asia Corp. (NAC) on Wednesday said they are exploring the possibility of putting up a new nickel processing plant in the country. This was after the two mining giants signed on Tuesday a memorandum of understanding (MOU) to conduct a feasibility study on developing and operating a nickel processing plant. The two firms s...
The Philippine Nickel Industry Association (PNIA) strongly opposes the recent resolution passed by the Palawan Sangguniang Panlalawigan calling for a 50-year mining moratorium. PNIA acknowledges the vital importance of environmental protection, but it is equally crucial to recognize that economic growth and environmental sustainability can coexist. Res...
OceanaGold (Philippines), Inc. (OGP), a publicly listed company, has paid a total of PHP397.7 million in local business tax (LBT) to three municipalities in the provinces of Nueva Vizcaya and Quirino for 2025. OGP remitted an LBT of PHP198.9M to Kasibu town in Nueva Vizcaya, and paid PHP119.3M and PHP79.6M to the municipalities of Nagtipunan and Cabarr...
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