OceanaGold (Philippines) Inc. reported second-quarter net income of $32.7 million as the Didipio gold-copper mine remained on track to meet its 2026 production, cost and capital guidance, and declared a quarterly cash dividend of $17 million. The listed miner said revenue for the April-to-June period reached $126.9 million, while earnings per share sto...

Semirara Mining and Power Corp. (SMPC) posted a 17-percent increase in second-quarter net income to P4.8 billion as stronger earnings from its power business offset weaker coal operations. The integrated energy company said first-half consolidated net income rose 2 percent to P8.6 billion from P8.4 billion a year earlier, with gains from power compensa...

Listed OceanaGold (Philippines) Inc. (OGP) has allocated P768.43 million for the rehabilitation and eventual closure of its Didipio gold-copper mine, with P551.4 million already deposited in its rehabilitation trust fund as it advances closure preparations years before the mine's end of operations. The company said the fund, established under its Final...

Nickel Asia Corp. (NAC) nearly doubled its attributable net income in the first half of 2026, driven by higher nickel ore prices, increased sales volumes and a stronger peso-dollar exchange rate. The listed mining and natural resources company said Friday that attributable net income rose 93 percent to P4.06 billion in the January-to-June period from P...

The NAC Foundation has advanced its PHP 25 million investment in sustainable waste management in Guiuan, Eastern Samar, with the delivery and successful testing of the first equipment for the Guiuan Resource Ecocycling and Extraction Network (GREEN) Facility. The project, which covers the Municipality of Guiuan and Barangay Banaag, marks a key mileston...

The Mines and Geosciences Bureau (MGB) has called on the mining industry to play a greater role in helping the country prepare for the anticipated water shortages associated with the El Niño phenomenon by supporting groundwater resource development and community-based water initiatives. The MGB, through its Mine Safety, Environment, and Social Developm...

The Mines and Geosciences Bureau (MGB) has strengthened its campaign against illegal mining by enhancing coordination with law enforcement and prosecution agencies through a series of inter-agency meetings aimed at improving enforcement and intelligence-sharing. On July 21, the MGB met with the Presidential Anti-Organized Crime Commission (PAOCC) and t...

The Department of Environment and Natural Resources (DENR) has reassigned regional directors of the Mines and Geosciences Bureau (MGB) and designated new officers-in-charge in the agency's regional and central offices under two special orders that took effect immediately. Under DENR Special Order No. 2026-481, Director II Glenn Marcelo Noble, formerly ...

Philex Mining Corp. returned to profitability in the second quarter of 2026, posting a consolidated net income of P392.1 million as operations at its Padcal mine normalized following the rehabilitation of its crushing facilities, while the company continued the progressive commissioning of the Silangan process plant. The second-quarter profit marked a ...

Taganito HPAL Nickel Corp. (THPAL) has turned over a P127-million community hospital to the local government of Claver, Surigao del Norte, reinforcing its investment in healthcare infrastructure for its host communities. The Claver Community Hospital, located in Barangay Ladgaron, was formally handed over during a turnover and blessing ceremony on July...

Lepanto Consolidated Mining Co. and its subsidiary Far Southeast Gold Resources Inc. (FSGRI) have signed a memorandum of agreement (MOA) with the Indigenous Cultural Communities/Indigenous Peoples (ICCs/IPs) of the Mankayan Ancestral Domain, marking a key step toward the renewal of Mineral Production Sharing Agreement (MPSA) No. 001-90-CAR. The agreeme...

Lepanto Consolidated Mining Co. (LCMC) and the Lepanto Local Staff Union (LLSU) have signed their 15th Collective Bargaining Agreement (CBA), concluding negotiations in less than a month after only two meetings. The agreement was signed at the Baguio Country Club in Baguio City, with the company saying the negotiations demonstrated that labor and manag...

FCF Minerals Corp. reinforced its commitment to workplace safety and emergency preparedness by conducting a Disaster Preparedness Program for employees as part of the observance of National Disaster Resilience Month 2026. Organized by the company's Occupational Safety and Health (OSH) Department, the program was held on July 27 under the national theme...

TVI Resource Development (Phils.) Inc.'s Balabag Gold and Silver Project (TVIRD-BGSP) conducted its 2026 Lakbay Aral educational tour for members of the Multi-Partite Monitoring Team (MMT) and the Mine Rehabilitation Fund Committee (MRFC), providing participants with firsthand exposure to responsible mining practices at Greenstone Resources Corp. (GRC) in...

PNIA: Philippine nickel industry offers ASEAN a diversified, dependable partner amid evolving critical minerals supply chainsPNIA: Philippine nickel industry offers ASEAN a diversified, dependable partner amid evolving critical minerals supply chains

Atlas Consolidated Mining and Development Corp. returned to profitability in the first half of 2026, posting a net income of P4.6 billion as higher gold and copper prices more than offset weaker production. The listed mining company reversed a P653 million net loss recorded in the same period last year, buoyed by a sharp rise in metal prices and strong...