Berong Nickel Corporation (BNC), a subsidiary of DMCI Mining, is spending P110 million to decommission and rehabilitate its Berong mine in Quezon, Palawan over a six-year period. In a disclosure to the Philippine Stock Exchange, DMCI Mining’s parent DMCI Holdings Inc. said “Most of the budget...
DMCI Holdings' Berong Nickel Corp. (BNC) in Quezon, Palawan is now facing depletion after 15 years of mining operation and will undergo rehabilitation, according to the company. BNC said in a statement that it will spend around P110 million to decommission the Palawan mining site and that it will...
DMCI Mining reported that its net income soared 409 percent to P1.2 billion in the first half of 2021 from P241 million in the same period last year due to record shipments and higher nickel prices. In a statement, DMCI Mining said its revenues in the first half grew 123 percent to P2.7 billion in...