Friday, 5 July 2024
14 May 2024
12:41PM
Metal oversupply causes Nickel Asia’s Q1 profit plunge
The Zamora family-led Nickel Asia Corp. (NAC) said profits during the first quarter of 2024 fell 79 percent to P202 million.
13 May 2024
1:00PM
(UPDATE) IPO curtain raiser: OceanaGold PH raises P6B in PSE debut
By: Miguel R. Camus
OceanaGold Philippines made its debut on the Philippine Stock Exchange, opening just above its initial public offering price of P13.33 per share.
27 Apr 2024
7:51AM
Toledo Foresees ‘Golden Age’ for Philippine Mining
Chamber of Mines of the Philippines chair and president Mike Toledo expressed optimism about a forthcoming 'golden age' for the country's mining industry, thanks to supportive regulators and a favorable external environment.
25 Apr 2024
4:58PM
OceanaGold Philippines braces for IPO amid legal challenge
By: Miguel R. Camus
OceanaGold Philippines is facing a fresh legal headache weeks before launching its initial public offering. The Legal Rights and Natural Resources Center filed a case before the Bayombong Regional Trial Court seeking a legal review of the company’s mining contract that it alleged was illegally renewed, a report by the Philippine Star showed.
24 Apr 2024
9:54AM
OceanaGold sets IPO price at P13.33 per share
By: Miguel R. Camus
OceanaGold Philippines set its initial public offering price at P13.33 per share, reducing the initial target price by 23 percent.
15 Apr 2024
12:01PM
Unmasking Fraud: 169 billion ‘ghost shares’ trigger SEC's securities permit revocation, small stockholders caught in crossfire
By: Miguel R. Camus
The Securities and Exchange Commission (SEC) said the corporate leadership of Abra Mining and Industrial Corp. was involved in the illicit creation and trading of up to 169 billion shares prior to its 2021 suspension, culminating in one of the country’s largest stock trading scandals in recent memory.
13 Apr 2024
10:35PM
OceanaGold Philippines to launch first mining IPO in a decade
By: Miguel R. Camus
OceanaGold Philippines is set to launch the first mining initial public offering (IPO) in a decade, having received approval from the Philippine Stock Exchange to raise up to P7.9 billion.
5 Apr 2024
2:15PM
Lucio Tan's MacroAsia edges closer to mining operations with Infanta Nickel project in Palawan
By: Miguel R. Camus
Tycoon Lucio Tan’s MacroAsia Corp. said its dormant mining business in Palawan province is edging closer to resuming operations, providing a potential new revenue source for the airline maintenance-focused company.
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