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...
Responsible mining is possible in the Philippines under stricter government oversight and improved monitoring, Environment Secretary Juan Miguel Cuna said as he urged small-scale miners to legalize their operations through a simplified permitting system. Speaking at the Kapihan sa Manila Hotel forum on July 15, Cuna said advances in technology, includi...
Celsius Resources Ltd. said it is contesting attempts by Equinaire Holdings Ltd. to foreclose on its 40-percent interest in Makilala Mining Company Inc. (MMCI), rejecting claims that it had defaulted under an Omnibus Loan and Security Agreement (OLSA). In a disclosure to the Australian Securities Exchange and the London Stock Exchange's AIM market, the...
The Mines and Geosciences Bureau (MGB) MIMAROPA has awarded a Mineral Processing Permit (MPP) to Frasec Ventures Corp., authorizing the company to process sand and gravel materials in Occidental Mindoro. The permit, MPP No. 002-2026-MIMAROPA, was formally signed and awarded during a ceremony held on July 13 at the Basic Petroleum Building in Makati Cit...
The Philippine Mining Development Corp. (PMDC) and government agencies, local governments, and community stakeholders have signed a memorandum of agreement establishing the Contingent Liability and Rehabilitation Fund (CLRF) for the proposed Dinagat Nickel Ore and Associated Minerals Mining Project in the Province of Dinagat Islands. The ceremonial sig...
Hinatuan Mining Corp.'s Tagana-an Nickel Project (HMC-TNP) planted 1,100 native tree seedlings on a rehabilitated mined-out site as part of its World Environment Day 2026 observance, reinforcing its commitment to biodiversity conservation and climate resilience. The tree-planting activity was conducted in partnership with validators from the Presidenti...
TVI Resource Development Philippines Inc. (TVIRD) marked World Environment Month with a series of environmental initiatives across its mining operations, highlighting employee participation, community partnerships and progressive mine rehabilitation. The company said the activities reinforce its commitment to environmental stewardship amid growing conc...
Two technical personnel from the Mines and Geosciences Bureau (MGB) have completed an international training program in South Korea aimed at strengthening the Philippines' capabilities in sustainable mineral resource development and recycling technologies. Armani Estanislao of the MGB's Lands Geological Survey Division and Engr. Albertini Buca of the M...
The Mines and Geosciences Bureau (MGB) has strengthened the technical capabilities of its geologists through a comprehensive training program on two-dimensional (2D) georesistivity survey techniques, enhancing the agency's capacity for subsurface characterization and mineral exploration. Held from June 15 to 19 in Cebu City, the Comprehensive Training ...
Building lasting relationships with host communities requires more than delivering projects—it demands trust, patience, and genuine partnership, according to the community relations manager of TVI Resource Development Philippines Inc. (TVIRD). Kahlil Pope Tabernero, who oversees community relations for TVIRD's Agata, Balabag, and Siana mining projects,...
The Philippines and Canada have strengthened their cooperation on critical minerals and responsible mining through a new bilateral agreement, while President Ferdinand R. Marcos Jr.'s official visit to Canada also secured new investment commitments that could extend the life of two of the country's largest gold mining operations. Environment Secretary ...
Nickel Asia Corporation (NAC), the Philippines' largest producer of lateritic nickel ore and a growing player in renewable energy, has become the first mining company in the country to receive validation from the Science Based Targets initiative (SBTi) for its greenhouse gas (GHG) emissions reduction targets. The validation confirms that NAC's GHG emis...
The Philippines showcased its critical minerals investment opportunities, flagship mining projects and fiscal incentives to international investors during the two-day Mining Asia Conference in Singapore, highlighting the country's ambition to move beyond raw mineral exports and develop a value-added processing industry. The Department of Trade and Indu...
FCF Minerals Corporation has taken another step towards the responsible closure of its Runruno Gold Project after presenting its Final Mine Rehabilitation and Decommissioning Plan (FMR/DP) to the Mine Rehabilitation Fund Committee (MRFC) as part of the regulatory review process. The presentation, held on 18 June 2026 in Santiago City, Isabela, forms pa...
The Philippine Society of Mining Engineers (PSEM), in partnership with the Mines and Geosciences Bureau (MGB) MIMAROPA Region, concluded the Mining Engineers' Convention (MinECon 2026) with resounding success, reaffirming the mining sector's commitment to responsible mineral development, environmental stewardship, and strengthened collaboration among stak...
The Mines and Geosciences Bureau (MGB) has launched a new digital platform that brings together mining and geological information into a single online portal, a move aimed at streamlining government services, improving access to data and supporting public safety. The Mining and Geology Information Portal, developed by the MGB's Lands Geological Survey ...
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