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...

RTN has successfully completed an Integrated Management System (IMS) surveillance audit covering three international ISO standards, achieving zero non-conformity findings. The audit, conducted from March 10 to 12, 2026 by TÜV NORD Philippines Inc., assessed the company’s compliance with ISO 9001:2015 for Quality Management Systems, ISO 14001:2015 for E...

The Philippines is interested in forging a possible critical minerals agreement with Canada to further develop the country’s mining sector, according to the Department of Trade and Industry (DTI). Trade Undersecretary Ceferino Rodolfo said the potential partnership was discussed during the Philippines’ participation in the 2026 Prospectors and Develope...

Weir has been awarded a contract to supply a 150 tph crushing and screening plant for Bezant’s Hope and Gorob Copper-Gold Project in Namibia. The value of the agreement has not been disclosed. The order includes: an ENDURON® ET905 jaw crusher; an ENDURON® ET906 jaw crusher; a Trio® TF4012 vibrating grizzly feeder; a Trio® EF3605 vibrating pan feeder; a...

In an industry long dominated by multinational giants, Paramina’s rise over the past three decades reads like a classic David-and-Goliath story. Paramina International — formerly operating as Paramina Earth Technologies — was founded in 1996 as a Philippine-based mining contractor and technical solutions provider with a straightforward goal: fill a gap in...

Agata Mining Ventures Inc., operator of the maiden nickel mining project of TVI Resource Development Philippines Inc. (TVIRD), which is now in its final rehabilitation stage, was recognized by the Technical Education and Skills Development Authority (TESDA) with both regional and national Kabalikat Awards last November 24 at the Philippine Trade Training ...

n (TMC) held its 3rd PO Conference on February 13–14, 2026, at the Taganito Sports and Cultural Center in Claver, Surigao del Norte. The event gathered over 100 PO member-beneficiaries. With the theme “Innovative Strategies for Business Growth,” the conference aimed to enhance the entrepreneurial capacity of POs by providing learning opportunities, sha...

If you are developing or operating a mine in the Philippines, you understand complexity. Geological variability, high rainfall, seismic exposure, through to capital discipline, all shape decisions from the earliest concept stage. For 30 years, RDCL has worked alongside mining companies across the Philippines — from investigation and feasibility through...