Nickel Asia Corp. (NAC), the Philippines’ lone nickel mining company with processing plants in partnership with Sumitomo Metal Mining Co., Ltd., is weighing further opportunities in the electric vehicle industry as government is strongly pushing for the country’s participation in the...
If Surigao del Norte 2nd district Rep. Robert Ace Barbers would have his way, he would allow the use of funds generated by both the mining and tourism industries to jumpstart the proposed Maharlika Investment Fund (MIF). Surigao del Norte 2nd district Rep. Robert Ace Barbers (Ellson Quismorio/...
The Securities and Exchange Commission is warning the public against investing in Oriental Peak Mining or with its president Ranillo Paz since both the company and Paz are not authorized to solicit investments. The corporate watchdog said it has noticed that individuals or group of persons,...
By RALPH LAUREN ABAINZA Bamboo is a fast-growing grass known for having a variety of uses ranging from food sources to construction materials. More and more countries are also recognizing the potential of bamboo in restoring damaged ecosystems. In the Philippines, bamboo is now being used in...
Camarines Sur 2nd district Rep. LRay Villafuerte is backing Malacañang's directive for the Department of Environment and Natural Resources (DENR) to look into legalizing the predominantly unlicensed activities of small-scale miners. Camarines Sur 2nd district Rep. LRay Villafuerte (left) and...
Philex Mining Corporation, one of the oldest and largest gold and copper producers in the Southeast Asia, has found additional mineable reserves in its Padcal Mine that will extend its mine life by three more years. In a disclosure to the Philippine Stock Exchange, the firm said it has successfully...
Apex Mining Co. Inc. is buying the Davao de Oro copper mining operations controlled by Clariden Holdings Inc., a subsidiary of Iñigo Zobel and Ramon S. Ang’s Top Frontier Holdings Inc. for $81.5 million (P4.56 billion) . In a disclosure to the Philippine Stock Exchange, Apex said its Board of...
Businessman Alfredo C. Ramos has passed away last Nov. 26, 2022 at the age of 79. Once listed by Forbes Magazine as among the Philippines’ Richest, Ramos is the son of National Book Store founder, Socorro Ramos and heads companies that have business interests in publishing, mining, oil...
DMCI Mining Corporation reported a 17 percent decrease in net income to P1.17 billion during the first nine months of 2022 from the P1.41 billion earned in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said the decline in profit is due to lower nickel ore...
President Ferdinand "Bongbong" Marcos Jr. has ordered the Department of Environment and Natural Resources (DENR) to bolster its regulatory powers on small and large-scale mining to ensure the safety of miners. President Ferdinand 'Bongbong' Marcos Jr. met with environment officials on Nov. 22, 2022...
Church leaders based in the Davao Region have expressed support for the move to declare Davao Oriental as a mining-free zone. Davao Region bishops supports a mining-free Davao Oriental (CBCP News) Davao Archbishop Romulo Valles, Davao Auxiliary Bishop George Rimando, Digos Bishop Guillermo Afable,...
Camarines Sur 2nd district Rep. Luis “LRay” Villafuerte has thrown his support behind the Department of Environment and Natural Resources' (DENR) plan to legalize more Minahang Bayan (MB) areas. Photo from Mines and Geosciences Bureau The MBs are zones wherein small-scale mining (SSM)...
