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...

Emerging Power Inc. (EPI) has officially rebranded as NAC Energy Inc., a move that aligns the renewable energy business with parent company Nickel Asia Corp.'s strategy to build a diversified natural resources and energy platform by 2030. The company said the rebranding reflects its evolution from a solar power developer into a multi-technology power g...

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...

The Department of Environment and Natural Resources (DENR) has reassigned regional directors of the Mines and Geosciences Bureau (MGB) and designated new officers-in-charge in the agency's regional and central offices under two special orders that took effect immediately. Under DENR Special Order No. 2026-481, Director II Glenn Marcelo Noble, formerly ...

Philex Mining Corp. returned to profitability in the second quarter of 2026, posting a consolidated net income of P392.1 million as operations at its Padcal mine normalized following the rehabilitation of its crushing facilities, while the company continued the progressive commissioning of the Silangan process plant. The second-quarter profit marked a ...

Taganito HPAL Nickel Corp. (THPAL) has turned over a P127-million community hospital to the local government of Claver, Surigao del Norte, reinforcing its investment in healthcare infrastructure for its host communities. The Claver Community Hospital, located in Barangay Ladgaron, was formally handed over during a turnover and blessing ceremony on July...

Lepanto Consolidated Mining Co. and its subsidiary Far Southeast Gold Resources Inc. (FSGRI) have signed a memorandum of agreement (MOA) with the Indigenous Cultural Communities/Indigenous Peoples (ICCs/IPs) of the Mankayan Ancestral Domain, marking a key step toward the renewal of Mineral Production Sharing Agreement (MPSA) No. 001-90-CAR. The agreeme...

Motorists in General Santos City can now use the long-delayed General Santos Underpass after it officially opened to traffic on July 29, two days ahead of the July 31 deadline set by Public Works Secretary Vince Dizon. Located at the intersection of Mabuhay-Bulaong Road and Digos-Makar Road in Barangay Mabuhay, the underpass is expected to ease congest...