Epiroc Philippines has strengthened its partnership with Quest Exploration Drilling (Philippines) Inc. (QED) through a two-week technical and product training program on remote control systems (RCS) and Diamec rigs. The training was held at QED’s head office in San Pedro, Laguna, from April 21 to May 2, 2025. According to Michael Kevin Doctor, business...

The Philippine metallic mining industry posted double-digit growth in the first half of 2025, powered by record-breaking gold prices that more than offset weaker nickel markets. Data from the Mines and Geosciences Bureau (MGB) showed that the sector’s total value rose 15.1 percent to ₱135.62 billion from ₱117.78 billion a year earlier. The increase of ...

Silangan Mindanao Mining Co., Inc. (SMMCI) recently welcomed the Barangay Local Government Unit of Macalaya, led by Barangay Captain Archelle Ongayo and his council, for a full-day site learning visit at the Silangan Project. The visit was designed to give the barangay officials a firsthand look at the mine’s ongoing development, safety protocols, and ...

Silangan Mindanao Mining Co., Inc. (SMMCI) marked another milestone on Thursday, August 28, 2025, completing the long-planned tunnel connection to the Exhaust Drive and establishing the project’s full underground ventilation series. The achievement, considered a critical safety and engineering requirement, was reached earlier than expected. Originally ...

Weir has signed a strategic collaboration agreement with MINEXXT Inc. to push forward sustainable solutions in thickened and paste tailings management, a move that underscores the company’s drive to remain a global leader in the field. Under the agreement, Weir will integrate MINEXXT’s patented thickening technology into its global tailings portfolio. ...

Benguet Corp., the country’s oldest mining company, reported a strong earnings performance for the second quarter of 2025 as revenues and net income rose sharply on the back of higher production and sales. The listed miner said consolidated revenues reached P1.1 billion in the April-to-June period, a 33% increase from P800 million in the same quarter l...

Listed miner Apex Mining Co., Inc. posted a 70% increase in consolidated net income for the first half of 2025, reaching ₱3.2 billion compared with ₱1.89 billion in the same period last year. The gold producer sold 51,436 ounces of gold in the first half of 2025, slightly lower than the 52,993 ounces sold year over year. Despite the drop in gold sales ...

DMCI Mining subsidiary Berong Nickel Corporation (BNC) has signed a Mineral Production Sharing Agreement (MPSA) with the Department of Environment and Natural Resources (DENR), through the Mines and Geosciences Bureau (MGB) on August 8, 2025 for its Long Point property in Aborlan, Palawan. Covering about 2,177.34 hectares, the MPSA grants BNC the exclu...

OceanaGold (Philippines) Inc. (PSE: OGP) booked a net income of nearly $15 million (about ₱851 million) in the second quarter of 2025 on revenues of $96 million (₱5.44 billion), buoyed by record gold prices and higher output from its Didipio mine in Luzon. Earnings per share came in at $0.01, while the average realized gold price hit an all-time high o...

Global Ferronickel Holdings, Inc. (FNI) saw its net income surge more than threefold in the first half of 2025 as strong nickel ore prices offset weaker shipment volumes caused by bad weather and regulatory delays. The listed nickel ore producer reported net income attributable to shareholders of ₱622.1 million (about US$11.01 million), up 200.4 percen...

Nickel Asia Corp. (NAC) saw its first-half 2025 profit soar by 88 percent to ₱2.1 billion, driven by stronger nickel ore prices despite lower shipment volumes caused by unfavorable weather. The listed natural resources company told the Philippine Stock Exchange on August 6 that its attributable net income, excluding minority interest, jumped from ₱1.12...

The Mines and Geosciences Bureau (MGB) has granted an Exploration Permit (EP) to Woggle Corporation, an affiliate of FCF Minerals Corporation, for its Dupax Exploration Project in Dupax del Norte, Nueva Vizcaya. The permit, signed on August 4, 2025 at the MGB Central Office, covers 3,102 hectares and allows Woggle to undertake exploration activities to...

Celsius Resources Limited and its Philippine affiliate Makilala Mining Company Inc. (MMCI) announced that work on the updated Feasibility Study and Front-End Engineering & Design (FEED) for the Maalinao-Caigutan-Biyog (MCB) Copper-Gold Project remains on schedule, backed by funding from the Maharlika Investment Corporation (MIC), the country’s soverei...

The Philippines has surged to 16th place in the Fraser Institute’s 2024 Annual Survey of Mining Companies, a dramatic leap from 72nd out of 86 jurisdictions in 2023 in the Investment Attractiveness Index. In the Policy Perception Index, the country also climbed to 25th out of 82 jurisdictions, improving significantly from 79th place the previous year. ...

The Philippine Extractive Industries Transparency Initiative (PH-EITI) and the Philippine Tax Academy (PTA) have formalized a three-year partnership to advance transparency, accountability and fiscal literacy in the country’s extractive industries. Through a memorandum of understanding (MOU) signed on 5 August at the Diamond Hotel in Manila, the two in...

Integrated energy company Semirara Mining and Power Corp. (SMPC) posted a net income of Php4.1 billion in the second quarter of 2025, down 33% from Php6.1 billion in the same period last year. The decline was primarily due to the continued stabilization of coal and electricity prices. “While energy prices eased, we ramped up coal production and boosted...