The government is highlighting the need for the mining sector to adopt sustainable practices to make it competitive while being environment-friendly. The Department of Science and Technology (DOST) has funded a three-year study that will help make the mining industry more sustainable and results of which will be presented to stakeholders who will atten...

Celsius Resources (ASX/AIM: CLA) is pleased to announce that its Philippine affiliate, Makilala Mining Company, Inc. (MMCI), has secured a six-month extension to fulfil funding requirements for its Maalinao-Caigutan-Biyog (MCB) Copper-Gold Project. Granted by the Philippine Department of Environment and Natural Resources (DENR) and the Mines and Geosci...

Apex Mining Co., Inc.’s consolidated net income for the third quarter of 2024 was P1.31 billion, up 27% over its net income in the same period of 2023, which was P1.03 billion. For the three quarters of 2024, Apex Mining’s consolidated net income reached P3.07 billion or was 33% (P762.49 million) higher versus the P2.31 billion consolidated net income in ...

Listed natural resources development company Nickel Asia Corporation (NAC) announced recently its unaudited financial and operating results for the nine-month period ended Sept. 30, 2024, with an attributable net income (net of minority interest) of P2.55 billion, lower than the P3.65 billion reported during the same period last year. Earnings before i...

Philex Mining Corporation generated Php200 million core net income and an EBITDA of Php506 million for 3Q2024 compared with the Php163 million core net income and EBITDA of Php337 million for the same period in 2023. This brings a total of Php610 million core net income and a total EBITDA of Php1.418 billion for the first nine months of 2024 compared with...

Global Ferronickel Holdings, Inc. a leading nickel ore producer in the Philippines, reported revenues of ₱5.732 billion, net income attributable to shareholders of ₱502.6 million, and earnings per share of ₱0.0981 for the first nine months of 2024. “We continue to focus on operating efficiently and managing cost, while building and keeping momentum,” F...

The TVI Resource Development Philippines Inc. (TVIRD) Group of Companies continues to push the standard for occupational safety and health within the Philippine mining industry through is parallel victories in the regional leg of the coveted Gawad Kaligtasan at Kalusugan (GKK) Award. The company’s Balabag Gold-Silver Project in Zamboanga del Sur, along...

Integrated energy company Semirara Mining and Power Corporation (SMPC) reported an 8-percent drop in third-quarter earnings to P3.1 billion, from P3.4 billion in the same period last year, primarily due to reduced contribution from the coal segment amid stabilizing market indices. “As anticipated, stabilizing market prices exerted pressure on our margi...

During a mid-year mining event by the Philippine Mining Club, guest speaker, Dante R. Bravo, discussed the Philippine mining industry’s growth, particularly nickel, amidst global trends on green technologies. Bravo is a member of the Board of Trustee of the Chamber of Mines of the Philippines and President of the Philippine Nickel Industry Association, In...

On October 7th, Philippine Mining and Exploration Association (PMEA) President, Joey Nelson R. Ayson, reported PMEA Matters and Industry Updates during the association's Monthly Membership Meeting in Makati.

An Executive Order (E.O.) that will define and establish a policy on mining royalty is being drafted by the Department of Environment and Natural Resources (DENR), to be passed for approval by Malacañang. At a recent Mining Philippines event, Digging Deeper: A Mining Policy Forum, Prof. Carlos Primo David, DENR Undersecretary for Integrated Sciences, s...

Last Oct. 7th, the Philippine Mining and Exploration Association’s (PMEA) Monthly Membership Meeting had a full house as members were eager to meet and welcome the newest, concurrent OIC Director of MGB, Engr. Michael V. Cabalda. He is also the Assistant Secretary for Mining Concerns, Mines and Geosciences Bureau, DENR.

The Philippine Nickel Industry Association (PNIA) has announced a PHP 4.3 billion investment from its members for 2023, aimed at advancing key Sustainable Development Goals (SDGs) that foster community development and resilience through their Environmental Enhancement and Protection, Social Development and Management, and Corporate Social Responsibility P...

President Ferdinand R. Marcos Jr. on Wednesday renewed his call for the passage of the proposed measure on the rationalization of the Philippine mining regime to ensure a sustainable and vibrant mining industry. Speaking at the 2023 Philippine Mineral Industry Environmental Award (PMIEA) in Malacañan Palace, Marcos said the bill on the Rationalization ...

The government is currently pushing for several reforms that will streamline the mining application process in the country, officials said on Thursday. Department of Environment and Natural Resources (DENR) Undersecretary for Integrated Sciences Carlos Primo David during a forum organized by the Chamber of Mines of the Philippines (COMP) said the DENR ...

The Philippines showed its commitment to sustainable mineral development during the 12th Joint Working Groups Meeting of the ASEAN Minerals Cooperation (ASOMM) held from August 13 to 15, 2024, in Jakarta, Indonesia. Led by Engr. Teodorico A. Sandoval, Assistant Director of the Mines and Geosciences Bureau (MGB), the Philippine delegation actively took ...