Trillionaire Enrique K. Razon Jr., through Prime Strategic Holdings Inc. (PSHI), has expanded his majority stake in Apex Mining Co. Inc. to 67 percent after acquiring shares worth ₱1.68 billion from its former controlling shareholder. In a disclosure to the Philippine Stock Exchange (PSE) on...
A group of local residents clarified that it is not opposing a mining exploration in Kalinga province, explaining that what they are pushing for is responsible mining that includes assurance of a sustainable support system to the indigenous people in the area. Victor Gumisa, head of the Balatoc...
President Marcos has secured fresh Canadian investments and deeper cooperation in mining, critical minerals, and clean energy during his official visit to Vancouver, as the Philippines pushes to position itself as a major player in the global energy transition. On the sidelines of his visit on...
Vintage-21 Coal Mining Corp. is advancing the pre-development phases of its ₱100 million coal project in Surigao del Sur, moving closer to extraction nearly four years after securing its government contract. In a notice filed with the Environmental Management Bureau of the Department of...
The Philippine National Police (PNP) is pushing for stronger coordination and alliance with the Department of Environment and Natural Resources (DENR) for the protection of the forests against illegal loggers and miners. This, after three illegal miners were arrested during an operation in Barangay...
The value of the country’s metallic mineral reserves expanded by 17 percent to nearly ₱590 billion in 2025 on the back of an upswing in Class A gold reserves, according to the Philippine Statistics Authority (PSA). In a report on Thursday, June 25, the PSA said the monetary value of Class A...
Three mining wannabes ended up with steel bars in a detention facility following their arrest for illegal activities while searching for gold in a mountainous area in Santa Cruz town in Occidental Mindoro. Police Brig. Gen. Christopher R. Dela Cruz said police forces were immediate sent in Barangay...
Large-scale metallic mining companies in the country have been granted up to two months after the close of each quarter to settle their royalty payments under the new fiscal framework, according to the Bureau of Internal Revenue (BIR). The Marcos administration is implementing the extension to...
The Department of Energy (DOE) plans to require bidders for the upcoming Semirara coal mine auction to reserve part of their coal output for the domestic market as the government seeks to strengthen the country’s energy security amid lingering supply risks. Energy Secretary Sharon Garin told...
Are you afraid of the dark? Well, that depends on whether we are talking about horror movies or the national power supply! Just when Filipino consumers thought they could finally survive the summer’s rotational blackouts, the international energy market strolled in like a sequel villain,...
DMCI Mining Corp., the nickel mining unit of Consunji-led DMCI Holdings Inc., expects this year to mark the start of a years-long growth trajectory after expanding its mining capacity through the commercial operations of its Long Point mine in Palawan. Tulsi Das Reyes, president of DMCI Mining...
The Philippine Nickel Industry Association (PNIA) expects the country to attract more investments into the mining sector following the Supreme Court’s (SC) decision dismissing a petition for a writ of kalikasan against an Eastern Samar province-based mining company. PNIA, whose member companies...
