Silangan Mindanao Mining Co., Inc. (SMMCI) marked another milestone on Thursday, August 28, 2025, completing the long-planned tunnel connection to the Exhaust Drive and establishing the project’s full underground ventilation series. The achievement, considered a critical safety and engineering requirement, was reached earlier than expected. Originally ...

Weir has signed a strategic collaboration agreement with MINEXXT Inc. to push forward sustainable solutions in thickened and paste tailings management, a move that underscores the company’s drive to remain a global leader in the field. Under the agreement, Weir will integrate MINEXXT’s patented thickening technology into its global tailings portfolio. ...

The Department of Public Works and Highways (DPWH) reaffirmed its commitment to further strengthening infrastructure development in the country through its robust partnership with the Japan International Cooperation Agency (JICA), following a high-level meeting with Japanese parliamentarians on August 27, 2025. DPWH Senior Undersecretary Emil K. Sadain...

A major milestone in Philippine infrastructure development is just days away, as the Department of Public Works and Highways (DPWH) announced that fewer than 2 meters remain before the excavation breakthrough of the 2.3-kilometer southbound tunnel of the Davao City Bypass Construction Project (DCBCP). The breakthrough, expected this week, will mark a h...

The Department of Public Works and Highways (DPWH) reported considerable progress in the ongoing interisland linkage project between Davao City and Samal Island across the Pakiputan Strait in the Davao Region. In an inspection report to Secretary Manuel M. Bonoan, DPWH Senior Undersecretary Emil K. Sadain said various substructure works for the Samal I...

Benguet Corp., the country’s oldest mining company, reported a strong earnings performance for the second quarter of 2025 as revenues and net income rose sharply on the back of higher production and sales. The listed miner said consolidated revenues reached P1.1 billion in the April-to-June period, a 33% increase from P800 million in the same quarter l...

Leading construction company EEI Corporation (EEI) sees stronger revenue visibility and growth as it resurges with a PHP36.85-billion total backlog, or unworked portion of existing contracts, as of July 2025. This represents a 40% jump compared to the PHP26.39-billion reported backlog during the second quarter of the previous year. The company regained...

Megawide Construction Corp. (Megawide) booked a consolidated net income of P436 million in the first six months of 2025, equivalent to 81 percent of its full-year 2024 earnings. Consolidated revenues during the period reached P8.6 billion, as several projects neared completion. Earnings before interest, taxes, depreciation, and amortization (EBITDA) st...

Listed miner Apex Mining Co., Inc. posted a 70% increase in consolidated net income for the first half of 2025, reaching ₱3.2 billion compared with ₱1.89 billion in the same period last year. The gold producer sold 51,436 ounces of gold in the first half of 2025, slightly lower than the 52,993 ounces sold year over year. Despite the drop in gold sales ...

DMCI Mining subsidiary Berong Nickel Corporation (BNC) has signed a Mineral Production Sharing Agreement (MPSA) with the Department of Environment and Natural Resources (DENR), through the Mines and Geosciences Bureau (MGB) on August 8, 2025 for its Long Point property in Aborlan, Palawan. Covering about 2,177.34 hectares, the MPSA grants BNC the exclu...

Weir is pleased to announce the appointment of Mick Henderson as Regional Managing Director for the Minerals Division in the Asia-Pacific (APAC) region, effective immediately. Mick brings a wealth of experience and a proven track record of delivering results across Eastern Australia and the Pacific Islands. His deep regional insight and customer-first ...

OceanaGold (Philippines) Inc. (PSE: OGP) booked a net income of nearly $15 million (about ₱851 million) in the second quarter of 2025 on revenues of $96 million (₱5.44 billion), buoyed by record gold prices and higher output from its Didipio mine in Luzon. Earnings per share came in at $0.01, while the average realized gold price hit an all-time high o...

Global Ferronickel Holdings, Inc. (FNI) saw its net income surge more than threefold in the first half of 2025 as strong nickel ore prices offset weaker shipment volumes caused by bad weather and regulatory delays. The listed nickel ore producer reported net income attributable to shareholders of ₱622.1 million (about US$11.01 million), up 200.4 percen...

Nickel Asia Corp. (NAC) saw its first-half 2025 profit soar by 88 percent to ₱2.1 billion, driven by stronger nickel ore prices despite lower shipment volumes caused by unfavorable weather. The listed natural resources company told the Philippine Stock Exchange on August 6 that its attributable net income, excluding minority interest, jumped from ₱1.12...

The Mines and Geosciences Bureau (MGB) has granted an Exploration Permit (EP) to Woggle Corporation, an affiliate of FCF Minerals Corporation, for its Dupax Exploration Project in Dupax del Norte, Nueva Vizcaya. The permit, signed on August 4, 2025 at the MGB Central Office, covers 3,102 hectares and allows Woggle to undertake exploration activities to...

Celsius Resources Limited and its Philippine affiliate Makilala Mining Company Inc. (MMCI) announced that work on the updated Feasibility Study and Front-End Engineering & Design (FEED) for the Maalinao-Caigutan-Biyog (MCB) Copper-Gold Project remains on schedule, backed by funding from the Maharlika Investment Corporation (MIC), the country’s soverei...