A mining firm paid over PHP63.5 million in taxes and regulatory fees to the municipal government of Claver in Surigao del Norte, a local official said. In a statement, Claver Mayor Georgia Gokiangkee recognized Taganito Mining Corporation (TMC) as one of the local government unit’s (LGU) active development partners. The payment was made Monday as bu...
Upholding its commitment to empowering its stakeholders through values-driven initiatives, Taganito Mining Corporation (TMC) spearheaded a Values Formation and Team Building Seminar comprised of 250 livelihood beneficiaries — including farmers, fishermen, PWDs, senior citizens, women, vendors, and traders — on February 5 at Claver, Surigao del Norte. F...
Apex Mining Co., Inc.’s consolidated net income in Q1 2025 reached Php1.4 B, 70% better than Q1 2024’s P852.7 M. The consolidated gross revenues earned during the first quarter of this year amounted to Php 4.5 B, higher by Php 1.12 B (33%) versus the same period in 2024 (Php 3.4 B). The contributors to the gold and silver sold by Apex Mining are its Maco ...
During the first quarter of 2025, Global Ferronickel Holdings, Inc. (PSE: FNI), a leading nickel ore producer in the Philippines, reported revenues of ₱1.210 billion, net income attributable to shareholders of ₱177.3 million, and earnings per share of ₱0.0346. First quarter mining revenues from Palawan reached ₱1.205 billion, up by 105.6% compared to ₱...
Listed natural resources development company Nickel Asia Corporation (NAC) (PSE: NIKL) reported today its financial and operating results for the three-month period ended March 31, 2025. Attributable net income (net of minority interest) reached ₱501.03 million, up 148 percent from ₱202.38 million in the same period last year. This was primarily driven...
The Department of Public Works and Highways (DPWH) has reported significant progress in the ongoing construction of the Central Luzon Link Expressway (CLLEX) Phase I, aiming for full completion and operational connectivity between the Subic-Clark-Tarlac Expressway (SCTEX) in Tarlac City and Maharlika Highway in Cabanatuan City, Nueva Ecija by July 2025. ...
The Philippines has 185 projects worth PHP2.90 trillion currently in the pipeline to be undertaken by the government and the private sector, latest data from the Public-Private Partnership (PPP) Center showed. Of the total number, 122 projects worth PHP2.74 trillion will be implemented by the national government, while the remaining 63 projects, amount...
Consunji-led Semirara Mining and Power Corp. (SMPC) said it expects to secure within the second of this year the clearance from the Department of Environment and Natural Resources (DENR) for its coal mine expansion project in Antique. "We expect to receive the ECC (environmental compliance certificate) for the Acacia mine from the DENR within the secon...
Without comprehensive geotechnical ground investigations, even the most advanced mining projects can face devastating delays, increased costs, and safety risks. Geotechnical ground conditions are the single biggest risk to establishing a mine, its infrastructure including tailings storage facilities, large earthworks and tunnelling related projects. Y...
In 2024, Johnson Screens® celebrated its 120th anniversary. The company that became synonymous with well screens with the invention of its original Vee-Wire® has diversified its portfolio over the years to provide complete solutions for the water wells industry. This is the story of how it happened. The story of Johnson Screens began as Edward E. Johns...
Integrated energy company Semirara Mining and Power Corporation (SMPC) reported a net income of P4.4 billion for the first quarter of 2025, a 33-percent decline from P6.5 billion last year, on improved power segment performance amid continued normalization of coal selling prices. “We navigated the softer energy market through improved power generation ...
Platinum Group Metals Corporation (PGMC), the operating arm in Surigao del Norte of diversified conglomerate Global Ferronickel Holdings, Inc. (FNI), announces the successful dispatch of its first nickel ore shipment for the year and it is heading to Indonesia. The first shipment, aboard M/V YUE DIAN 59, left the PGMC anchorage area last April 30, 2025 ca...
The United States has reinforced its commitment to the Philippines’ infrastructure modernization efforts by continuing the support and raising funding for the Luzon Economic Corridor (LEC) despite the Trump administration halting some US government financing programs in different countries. Office Special Assistant to the President for Investment and E...
A significant milestone in the Philippine government’s flagship infrastructure program was reached on Monday, April 28, 2025 with the ceremonial breakthrough of the 2.3-kilometer northbound tunnel of the Davao City Bypass Construction Project (DCBCP), held at the North Portal in Barangay Waan, Davao City. The event, which marks the completion of tunnel...
The Department of Public Works and Highways (DPWH) announced major progress on the Davao River (Bucana) Bridge Project, now entering its final phase of construction. Slated for completion ahead of its original late-2025 deadline, this 1.34-kilometer, four-lane, six-span bridge is poised to transform mobility and connectivity in Davao City. During a ...
OceanaGold (Philippines), Inc. (OGP), is pleased to announce its remittance of PHP 466.86 million in Additional Government Share (AGS) to the National Government covering the fiscal year 2024 pursuant to the terms of its Financial or Technical Assistance Agreement (FTAA). This remittance brings OGP’s total AGS payment over the last two years to almost PH...
Philex Mining Corporation (the “Company” or “Philex”) generated Php71 million core net income and an EBITDA of Php329 million for 1Q2025 compared with the Php105 million core net income and EBITDA of Php295 million for 1Q2024. Reported net income reached Php131 million in 1Q2025, 14% higher compared with Php115 million in 1Q2024. Operating revenues inc...
In strong support of President Ferdinand R. Marcos Jr.’s Build Better More program—a national initiative aimed at transforming the Philippines into a modern, inclusive, and disaster-resilient nation through world-class infrastructure—the Department of Public Works and Highways (DPWH) is intensifying its efforts to strengthen institutional capacity and lea...
In the mining, infrastructure, and natural resources industries, Epiroc is a leading name in developing and providing innovative and safe equipment, such as drill rigs, rock excavation and construction equipment, and tools for surface and underground applications. On February 26, 2025, they turned over Epiroc Simulator machines (Jumbo Drill, LPT Machin...
Commitment to innovation. Product development. Market insights. Unmatched experience. These are just some of the things that give Valley Blades Limited—and our customers—the leading edge. The Grader-Link Pro™ mining grader blade by Valley Blades delivers longer wear life compared to standard OEM blades. Uniquely designed in locking segments of 46lb...
Forepoling is a method of supporting a weak roof of a mine or a tunnel, used traditionally in soft, loose, or carving ground. To make use of this method, poles, timber, steel tube, or slabs are driven into the ground before or during excavation. The method has been used for centuries, both in smaller mines as well as larger tunneling operations. Alo...
A high-level Philippine delegation recently visited the Luleå University of Technology (LTU) last 2 April 2025 in Sweden as part of efforts to deepen cooperation on sustainable mining practices, critical minerals, and research innovation. The trip underscores the country’s commitment to strengthening global partnerships in support of its growing minerals ...
The Philippine government has secured financing from the Asian Development Bank (ADB) worth USD1.45 billion for the Malolos-Clark Railway Project (MCRP), the multilateral institution announced Wednesday. ADB Philippines Country Director Pavit Ramachandran said the MCRP is one of ADB’s biggest financing projects in the Asia and Pacific region. “We ar...
The International Copper Association (ICA) proudly welcomes its newest member, The Weir Group (Weir)—a global leader in mining technology and innovation. This strategic partnership reinforces ICA’s commitment to connecting the entire copper value chain. Weir provides world-class engineering solutions, combining materials science expertise with intellig...
Follow on LinkedIn:
Be the "First" to get our exclusive Digital Magazine & Weekly Newsletter.
Our website uses cookies. By continuing to use this website, you are providing consent to our use of cookies.