Philex Mining Corp. reported a net income of Php171 million in the second quarter of 2025, bringing its first-half profit to Php301 million, even as core earnings and revenue showed signs of strain amid fluctuating commodity prices. The company’s second-quarter earnings were down from the Php215 million posted during the same period last year. Core net...

Manicani Island, Eastern Samar — Nickel Asia Corporation (NAC) environmental team recently conducted an on-site engagement with residents of Manicani Island to address their environmental concerns related to its subsidiary, Hinatuan Mining Corporation – Manicani Nickel Project (HMC-MNP). The NAC environmental team, composed of in-house foresters, marin...

Grand Terra Mining Resources Inc. (GTMRI) has successfully produced the first nickel metal from Philippines laterite ores at its demonstration leach plant in Leyte. The President of GTMRI, Leoben Evangelista said, “This is a great achievement for the Philippines. The innovative vat leaching system and the use of resins to purify solutions followed by elec...

The Department of Environment and Natural Resources–Mines and Geosciences Bureau (DENR–MGB) said the newly imposed 50% US tariff on Philippine copper exports will have modest short-term effects but could trigger significant long-term adjustments. In the short term, the impact is expected to remain limited—US buyers account for only a small portion of P...

The Mines and Geosciences Bureau participated in the Workshop on Advancing Sustainable Resource Management: Enhancing Underground Mining and Mine Reclamation Expertise Across ASEAN in Bandung, Indonesia from June 23 to 26, 2025. The said activity was hosted by the Human Resource Development Center for Geology, Mineral, and Coal on behalf of the Ministr...

Philex Mining Corp. may seal a deal with foreign investors as early as next year to help fund its $1-billion Silangan copper-gold project in the southern Philippines, Chairman Manuel V. Pangilinan said during the company’s annual general meeting on June 26. The mining giant, which has a market capitalization of PHP 38.4 billion ($678 million), is banki...

The planetGOLD Philippines Project formally concluded on July 1, 2025, with a closing ceremony attended by government officials, community leaders, partner organizations, and small-scale gold miners nationwide. Launched in 2019, the project aimed to reduce – and eventually eliminate – the use of mercury in the artisanal and small-scale gold mining (ASG...

Commemorating the past, strengthening the present, safeguarding the future One year since the incident at the Tailings Storage Facility 3 (TSF 3) of Greenstone Resources Corporation, operator of the Siana Gold Project, the company held a solemn commemoration to honor the resilience, responsiveness and the spirit of compassion that marked the event.  Wi...

In today’s mining industry, equipment reliability is critical. Unexpected machinery failures not only disrupt operations but also result in significant financial losses. Recognizing this challenge, QES Technology Philippines, Inc., the authorized distributor of Spectro Scientific, brings to the local market the FieldLab 58C, a compact, portable oil ana...

By Engr. Suprabhat Sarkar, COO, Teknomin Construction Ltd. India Partner of Paramina Earth Technologies, Inc. As the mining industry prioritizes equipment reliability, tribology, maintenance practices, and oil recycling innovations are essential for ensuring sustainable operations and meeting future demands. In Part 1 of this article (see PRJ Issue ...

By Sukumar Dhanapal, Regional Sales and Product Manager – Fluke Process Instruments, Fluke South East Asia Pte Ltd In the mining and industrial sectors, where coal and other combustible materials are critical raw inputs, fire is a real and present danger. Whether coal is being transported by truck, moved along conveyor belts, or processed inside rotary...

Apex Mining Co., Inc. received the bronze award as the Best Managed Company in the Philippines under the Basic Materials category at the Asia’s Best Companies 2025 organized by Finance Asia. According to Luis R. Sarmiento, ASEAN Eng., “This award brings us closer to our vision of being the country's leading, globally recognized responsible mining congl...

The Mines and Geosciences Bureau (MGB) Central Office, through its Mining Tenements Management Division (MTMD), conducted a three-day Capacity Building Workshop for Mine Management Division (MMD) Chiefs of Regional Offices on May 21–23, 2025, in Privato Hotel, Quezon City. With the theme “One Vision, One Standard: Rebuilding Institutional Competence in...

Integrated energy company Semirara Mining and Power Corporation (SMPC) has been honored as a Gold medalist at the 25th Asia’s Best Companies Poll, hosted by regional business publication FinanceAsia. SMPC was ranked highest in the Best Managed - Basic Materials category in the Philippines after being nominated by regional investors and financial analys...

Mining and processing companies operating at the Masbate Gold Project are stepping up their shift to renewable energy by expanding solar panel installations on-site. Filminera Resource Corporation (FRC) Mining Manager engineer Renel Jose Banzon said Friday that 16,000 solar panels have been installed as part of their sustainability efforts with Philipp...

The Dinapigue Mining Corporation (DMC) operating in Isabela has reaffirmed its commitment to responsible mining, assuring the public of its compliance with environmental regulations and dedication to community safety. The mining firm, a subsidiary of Nickel Asia Corp. (NAC) and based in Dinapigue town, is a diversified natural resources company. Its po...