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...
The Philippines has taken a leading role in advancing a regional framework for critical minerals, as it hosted the first workshop on the ASEAN Critical Minerals Strategy for Regional Resilience and Sustainable Growth. The two-day workshop, held on March 30–31 at the 25hours Hotel The Oddbird, forms part of a priority economic deliverable under the Phil...
DMCI Mining Corp. is targeting a record 3.2 million tons of nickel ore shipments in 2026, driven by expanding operations and improving market conditions. The mining unit of DMCI Holdings Inc. said the projected output would surpass its previous highs, supported by the expected contribution of its new mine in Palawan and sustained production from its Za...
OceanaGold Philippines Inc. reported strong financial and operating results for 2025, posting $76.5 million in net income and $130.2 million in free cash flow while maintaining a debt-free balance sheet. The company said the performance enabled it to declare $112 million in dividends during the year, bringing total payouts to shareholders to $181 milli...
Higher revenues continue to bolster economic development and environmental protection programs OceanaGold (Philippines), Inc. (OGP) remitted PHP 506.9 million in local business taxes (LBT) to three municipalities in Nueva Vizcaya and Quirino for 2026—a 20.2% increase from the PHP 421.9 million paid the previous year. The higher remittances were driven ...
OceanaGold (Philippines), Inc. has extended the projected life of its Didipio gold-copper mine to 2037, following the filing of updated technical reports that underpin long-term production and cash flow generation. In a disclosure to the Philippine Stock Exchange, OceanaGold Philippines said the revised mine plan, based on its 2025 Mineral Reserves, su...
Benguet Corporation reported a 74% increase in net income for 2025, supported by stronger production and higher commodity prices, as the board approved cash dividends for shareholders. The company posted consolidated net income of 760 million pesos for the year ended Dec. 31, up from 436 million pesos in 2024, alongside a 38% rise in revenues to 3.31 b...
Semirara Mining and Power Corporation (SMPC) is preparing an upgraded mining plan aimed at securing government approval for the renewal of its coal operating contract (COC) for the Semirara Island mine in Antique, as it moves to sustain production and long-term operations. The company said it is finalizing what it described as its “best mining plan” to...
The Department of Labor and Employment (DOLE) has begun extending assistance to 1,296 workers expected to be displaced by the planned closure of FCF Minerals Corp.’s mining operations in Barangay Runruno, Quezon, Nueva Vizcaya by the end of 2026. The company earlier announced that its Runruno Gold Project will cease operations due to depleted ore reser...
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