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...
Semirara Mining and Power Corporation (SMPC) reported a 12% decline in first-quarter net income to ₱3.8 billion, as lower electricity generation and reduced coal shipments weighed on overall performance. The integrated energy company said earnings fell from ₱4.4 billion in the same period last year, reflecting weaker plant performance and softer export...
Atlas Consolidated Mining and Development Corp. has started the year on a stronger footing, swinging back to profitability in the first quarter as improved operations and firmer commodity prices lifted earnings. In a disclosure, the listed miner reported a net income of ₱645 million for the January-to-March period, reversing losses booked in earlier pe...
The Department of Environment and Natural Resources (DENR), in partnership with Miss Philippines Earth, marked Earth Day with the launch of an Eco-Explorer activity dubbed “Geologist for a Day” on April 22, 2026. The initiative aimed to give environmental advocates and partners a deeper understanding of the role of geologists in studying Earth processe...
The Mines and Geosciences Bureau (MGB) MIMAROPA Region has formalized a multi-stakeholder effort to rehabilitate the Palawan Wildlife Rescue and Conservation Center (PWRCC), marking a key milestone under its flagship “Magbigay Gaan sa Buhay – Project Connect.” The memorandum of understanding (MOU) was signed on April 22 in Makati City, bringing togethe...
Carrascal Nickel Corporation (CNC) welcomed students and faculty from Caraga State University for an educational mine visit on April 21, 2026, as part of efforts to strengthen industry-academe collaboration. A total of 28 participants — 26 students and two faculty members from the university’s Department of Geology — took part in the activity, which wa...
The United States and the Philippines have announced plans to establish a 4,000-acre economic security zone aimed at strengthening supply chains in critical minerals, semiconductors and advanced manufacturing, the US Department of State said. The proposed industrial hub, to be located within the Luzon Economic Corridor, is envisioned as a platform for ...
The Mines and Geosciences Bureau is strengthening its offshore mineral exploration capabilities, as its Marine Geology and Survey Division (MGSD) advances what it describes as a “blue frontier” initiative anchored on new discoveries and technical training. In a recent program, the bureau rolled out a training initiative on GEOVIA Surpac, a widely used ...
In an industry often scrutinized for its environmental footprint, FCF Minerals Corporation is positioning itself as a case study in how large-scale mining operations can integrate rehabilitation and reforestation into core operations rather than treat them as an afterthought. As of the fourth quarter of 2025, the company reported that it had managed an...
The Mines and Geosciences Bureau has launched a mobile one-stop shop initiative aimed at bringing small-scale miners into the formal and regulated sector, with the first rollout held over two days in South Cotabato. The activity marks the pilot implementation of Department Administrative Order No. 2026-08, which provides for the issuance of Interim Sma...
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