Mining operations in the Philippines operate under some of the most demanding conditions in Southeast Asia. High-abrasion ore, chemically aggressive slurries, heavy vibration, and continuous production schedules place extreme stress on equipment and plant infrastructure. For maintenance teams, the challenge is not only repairing damage but doing so safely...
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 ...
On March 30, 2026, President Ferdinand Marcos Jr. formally opened the Cavitex C-5 Link Segment 3B, a key infrastructure development expected to significantly improve mobility across southern Metro Manila and nearby Cavite provinces. The newly completed six-lane, 2-kilometer connector forms part of the broader 7.7-kilometer Cavitex C-5 Link corridor, de...
Meralco PowerGen Corporation (MGEN), through its affiliate Terra Solar Philippines Inc., has energized the first 250 megawatts (MW) of its solar capacity, marking the start of commercial operations and a key step in the country’s transition to cleaner energy. The milestone represents a critical phase in the project’s staged development and comes amid h...
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...
The Department of Budget and Management has released around PHP16.5 billion to the Department of Public Works and Highways to accelerate infrastructure spending and support economic growth, following a directive from Ferdinand Marcos Jr.. The funds, issued through a Notice of Cash Allocation to the DPWH Central Office, will be distributed to implementi...
Ferdinand Marcos Jr. has ordered the release of PHP44.17 billion to accelerate the implementation of the Metro Manila Subway Project Phase I and the North-South Commuter Railway system. The funds were released to the Department of Transportation after the Department of Budget and Management, led by Acting Secretary Rolando Toledo, approved two Special ...
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...
Listed natural resources development company Nickel Asia Corp. (NAC) said it has surpassed its diversity, equity and inclusion (DEI) target and enhanced sustainability tracking systems as it marked the midpoint of its 2030 environmental, social and governance (ESG) agenda. The company assessed its sustainability performance five years after launching i...
SILANGAN Mindanao Mining Co. Inc. (SMMCI) is nearing a key milestone as its flagship project moves closer to commissioning and first metal production, with top executives conducting on-site inspections to ensure operational readiness. Company President and CEO Engr. Eulalio B. Austin Jr., along with members of the management committee of Philex Mining ...
Apex Mining Co. Inc. has doubled its cash dividend rate to 20 percent of consolidated net income and declared a special dividend, bringing total payouts to ₱3.83 billion. The company said its board of directors approved the amendment to its dividend policy on March 17, increasing the payout from the previous 10 percent of consolidated net income based ...
Operational excellence that encompasses environmental protection and community partnership Demonstrating its continuing commitment to responsible and sustainable mining practices, TVIRD Group projects recently underwent the annual Tenement Safety, Health, Environment, and Social Development (TSHES) Audit, conducted by the DENR’s Mines and Geosciences B...
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