B2Gold’s Masbate Gold Project (MGP) has reached 50 million work hours without a lost-time injury, marking a major safety milestone for the Philippine mining operation. The milestone places the Masbate operation among a select group of industrial sites worldwide to achieve such a record, according to B2Gold. The achievement covers an operation involving...

Australian underground mining equipment manufacturer Jacon Equipment is preparing to expand its presence in the Philippine market, targeting medium- to large-scale underground mining operations and positioning its regional support network as a key advantage for local customers. Henry Ge, Jacon's sales director for Asia, said the company had proven its ...

ATLAS Consolidated Mining and Development Corp. returned to profitability in the second quarter, posting a net income of P3.97 billion as higher gold and copper prices boosted the company's financial performance. The mining company reversed a net loss of P249.56 million recorded in the same quarter last year. The latest quarterly result builds on At...

Greenstone Resources Corp. (GRC), operator of the Siana Gold Project in Surigao del Norte, has successfully passed a General Enterprise-Based Education and Training (EBET) inspection conducted by the Technical Education and Skills Development Authority (TESDA)-Surigao Provincial Office. The inspection was conducted on July 15, 2026, marking a step forw...

The Provincial Mining Regulatory Board (PMRB) of Surigao del Norte has granted the first renewal of a Small-Scale Mining Contract (SSMC) to Jul’z Gold Ore Mining, allowing the contractor to continue small-scale mining activities within its approved contract area. The renewal of SSMC No. 001-2024-XIII-SDN was approved during the PMRB’s monthly regular m...

Celsius Resources Ltd. said it plans to initiate arbitration to protect its 40% interest in Makilala Mining Company Inc. (MMCI), as a Philippine court considers whether to allow Equinaire Holdings Ltd. to proceed with foreclosure and the auction of the stake. In an Aug. 12 announcement to the Australian Securities Exchange and AIM, the Australian-liste...

Oriental Petroleum and Minerals Corp. has confirmed nickel mineralization at its Libjo Nickel Laterite Project in Dinagat Islands, but said it is too early to determine whether the property can support a commercially viable mine. In a technical report submitted to the Philippine Stock Exchange, the company said exploration had confirmed nickel-bearing ...

Lepanto Consolidated Mining Co. more than doubled its net income in the first half of 2026 on the back of higher gold and silver prices, despite lower production levels and a weaker peso. Net income rose to P1.59 billion from P771 million in the same period last year, while consolidated gross revenues increased 47 percent to P3.24 billion from P2.20 bi...

Listed natural resources company Nickel Asia Corp. (NAC) has launched a company-wide artificial intelligence initiative aimed at equipping its workforce with digital tools as it expands its regional operations. Called “Project APEX – AI & Productivity Excellence,” the initiative was launched alongside NAC’s 18th anniversary, with the initial phase ...

OceanaGold (Philippines) Inc. reported second-quarter net income of $32.7 million as the Didipio gold-copper mine remained on track to meet its 2026 production, cost and capital guidance, and declared a quarterly cash dividend of $17 million. The listed miner said revenue for the April-to-June period reached $126.9 million, while earnings per share sto...

Semirara Mining and Power Corp. (SMPC) posted a 17-percent increase in second-quarter net income to P4.8 billion as stronger earnings from its power business offset weaker coal operations. The integrated energy company said first-half consolidated net income rose 2 percent to P8.6 billion from P8.4 billion a year earlier, with gains from power compensa...

Listed OceanaGold (Philippines) Inc. (OGP) has allocated P768.43 million for the rehabilitation and eventual closure of its Didipio gold-copper mine, with P551.4 million already deposited in its rehabilitation trust fund as it advances closure preparations years before the mine's end of operations. The company said the fund, established under its Final...

Nickel Asia Corp. (NAC) nearly doubled its attributable net income in the first half of 2026, driven by higher nickel ore prices, increased sales volumes and a stronger peso-dollar exchange rate. The listed mining and natural resources company said Friday that attributable net income rose 93 percent to P4.06 billion in the January-to-June period from P...

The NAC Foundation has advanced its PHP 25 million investment in sustainable waste management in Guiuan, Eastern Samar, with the delivery and successful testing of the first equipment for the Guiuan Resource Ecocycling and Extraction Network (GREEN) Facility. The project, which covers the Municipality of Guiuan and Barangay Banaag, marks a key mileston...

The Mines and Geosciences Bureau (MGB) has called on the mining industry to play a greater role in helping the country prepare for the anticipated water shortages associated with the El Niño phenomenon by supporting groundwater resource development and community-based water initiatives. The MGB, through its Mine Safety, Environment, and Social Developm...

The Mines and Geosciences Bureau (MGB) has strengthened its campaign against illegal mining by enhancing coordination with law enforcement and prosecution agencies through a series of inter-agency meetings aimed at improving enforcement and intelligence-sharing. On July 21, the MGB met with the Presidential Anti-Organized Crime Commission (PAOCC) and t...