Mining

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Thursday, 15 May 2025
27 Mar 2025
10:02AM

Romualdez's Benguet Corp. eyes stronger 2025 amid gold price rally

Benguet Corp. is optimistic about surpassing its 2024 performance, driven by surging gold prices and a fully settled debt position. Management says the focus now is on diversification and long-term value creation after using 2024 to stabilize its balance sheet.
20 Mar 2025
1:04PM

Razon's Apex Mining sees 2024 profit jump, gains boosted by high gold prices

Tycoon Enrique Razon Jr.’s Apex Mining Co. Inc. delivered a strong financial performance in 2024, posting a 28 percent increase in net income to P4.3 billion, up from P3.4 billion in 2023.
19 Mar 2025
11:38AM

INSIDER INFO: Global tycoons circle Tampakan as gold hits record high. Is a deal getting close?

With gold prices soaring to record highs, global tycoons are turning their attention to the massive Tampakan mine, eyeing it as the next big opportunity.
8 Mar 2025
3:34PM

Miners’ group: Palawan’s 50-year mining ban ‘myopic’, erodes sustainable progress

COMP acknowledged the environmental concerns behind the moratorium but argued that the existing legal framework already provides strict environmental safeguards. It cited the Philippine Mining Act of 1995 and various regulations that mandate responsible mining practices.
5 Mar 2025
10:42AM

Consunji-Zamora forge mining alliance: DMCI, Nickel Asia eye nickel processing plant

DMCI Mining Corp. and Nickel Asia Corp. have signed an initial agreement to explore building a nickel processing plant in the Philippines, a move that could strengthen the country’s position in the global industry.
20 Feb 2025
9:36AM

OceanaGold PH eyes ‘robust’ earnings in 2025, declares $22.9-M dividends

OceanaGold Philippines, the operator of the Didipio mine in Nueva Vizcaya, is rewarding shareholders with a $22.9 million fourth-quarter dividend, bringing total payouts to $69.4 million since its listing last May.
18 Feb 2025
9:40AM

DENR mandates mining firms to align with UN Sustainable Development Goals

Environment and Natural Resources Secretary Maria Antonia Yulo Loyzaga recently signed a department administrative order that mandates mining firms to implement sustainability-focused programs, marking a major shift in how the industry supports environmental and social initiatives.
12 Feb 2025
7:17AM

Philippine nickel miners oppose ore export ban, warn of industry disruptions

The Philippine Nickel Industry Association has urged policymakers to reconsider a proposed ban on nickel ore exports, warning that the move could undermine industry growth and deter foreign investment.
13 Nov 2024
4:29PM

Zamora’s Nickel Asia reports 9-month earnings dip, progress in clean power investments

Nickel Asia Corp. (NAC) reported a net income of P2.55 billion for the first nine months of 2024, down from P3.65 billion in the same period last year.
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