Apex Mining Co. Inc. (APX) reported a 94-percent increase in consolidated net income for the first quarter of 2026, driven by significantly higher gold prices despite lower sales volumes and weaker ore grades. In a disclosure, the listed mining company said consolidated net income reached P2.82 billion in the January-to-March period, up by P1.37 billio...
The Philippines highlighted its strategy for developing a sustainable and investment-friendly critical minerals sector during the OECD Critical Minerals Forum held on April 28–29 at the OECD Istanbul Center. The Department of Environment and Natural Resources (DENR) and the Mines and Geosciences Bureau (MGB) joined the Philippine delegation at the foru...
MMD Group Limited (MMD), a global manufacturer of material sizing and handling systems, has signed an agreement with global mining company Anglo American to acquire the intellectual property rights to TraxIQ, a system-level material handling solution originally developed by the mining company. As the owner of the TraxIQ intellectual property, MMD will ...
Listed natural resources development company Nickel Asia Corp. (NAC) reported a 26-percent decline in attributable net income for the first quarter of 2026, although the company said core earnings improved amid stronger nickel prices and continued expansion in its renewable energy business. Attributable net income, net of minority interest, fell to P37...
Indonesia and the Philippines are moving to strengthen regional cooperation in the nickel industry through the proposed Indonesia-Philippines Nickel Corridor, aimed at reinforcing critical mineral supply chains and expanding industrial collaboration across Southeast Asia. The initiative was highlighted during a high-level business roundtable led by the...
Reaffirming a shared commitment to environmental protection and sustainable resource management, the Department of Environment and Natural Resources (DENR) Region XIII (Caraga), in partnership with Hinatuan Mining Corporation – Tagana-an Nickel Project (HMC-TNP), successfully conducted a training program for accredited Deputy Environment and Natural Resou...
In celebration of World Water Day 2026, Hinatuan Mining Corporation – Tagana-an Nickel Project (HMC-TNP) brought together employees and personnel for a company-wide coastal cleanup drive at the South Beaching Area on Hinatuan Island. Anchored on this year’s theme, “Water and Gender: Where Water Flows, Equality Grows,” the activity highlighted the vital...
Hinatuan Mining Corporation – Tagana-an Nickel Project (HMC-TNP) continues to uphold its strong commitment to sustainable, responsible, and progressive mining operations after successfully completing the Tenement, Safety and Health, Environment, and Social Development (TSHES) Monitoring conducted by technical personnel from the Mines and Geosciences Burea...
OceanaGold (Philippines) Inc. reported a net income of $34.7 million in the first quarter of 2026, driven by strong gold prices and steady production from its Didipio gold-copper mine in Nueva Vizcaya. In a disclosure to the Philippine Stock Exchange, the company said revenue for the January-to-March period reached $158.4 million, nearly double the $79...
The Mines and Geosciences Bureau (MGB) has released the list of qualified mining companies for the 2026 Presidential Mineral Industry Environmental Award (PMIEA) and Best Mining Forest Contest (BMFC), recognizing firms that demonstrated compliance with environmental protection, mine safety and sustainable development standards. The PMIEA is considered ...
Greenlight Holdings Inc. (GRHI), a joint venture between Emerging Power Inc. (EPI) and Shell Overseas Investments BV (SOIBV), has secured a ₱9.36-billion project finance senior term loan facility for the construction of the 240-megawatt-peak (MWp) San Isidro Leyte Solar Power Project. The financing was provided by China Banking Corp. (China Bank) and S...
The Asian Development Bank has launched a financing facility aimed at helping countries in Asia and the Pacific develop secure and sustainable critical minerals supply chains needed for clean energy technologies and industrial growth. The new Critical Minerals Financing Partnership Facility seeks to mobilize financing and technical assistance for proje...
Greenstone Resources Corporation was recognized by the Department of Labor and Employment (DOLE) Caraga with a Safety Milestone (SMILE) Award during the regional observance of the World Day for Safety and Health at Work on April 28 at the Balanghai Hotel and Convention Center. The company was among 25 establishments honored during the event for achievi...
TVI Resource Development Philippines Inc. said it is integrating a 5.3-megawatt-peak solar power facility into the Siana Gold Project in Surigao del Norte as part of efforts to strengthen operational sustainability and improve energy reliability at the mine site. The company said the solar facility, being developed under Greenstone Resource Corp., is e...
Taganito Mining Corporation has partnered with the Department of Environment and Natural Resources (DENR) Caraga Region and the Province of Agusan del Sur through the Upland Sustainable Agri-Forestry Development (USAD) Program for a ₱9.85-million greening and livelihood project in northeastern Mindanao. The initiative, formalized through a memorandum o...
TVI Resource Development Philippines Inc. (TVIRD) has distributed 42 smart televisions to six public high schools in Bayog, expanding its education support from infrastructure to digital learning tools. The initiative, implemented under the company’s Social Development and Management Program (SDMP), is aimed at enhancing classroom instruction by integr...
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