ZURICH, Switzerland (AFP) -- Swiss mining giant Glencore said Monday it is seeking a buyer for its stake in New Caledonian nickel mine and processing plant Koniambo Nickel (KNS) as the industry endures a price slump. Glencore said it "appreciates the efforts of the French government to...
Apex Mining Co. Inc. reported that it is operating on a lower capacity following a landslide near its Davao de Oro mine site, affecting its gold and silver production while sales are expected to be reduced. In a disclosure to the Philippine Stock Exchange (PSE), the Razon-controlled mining firm...
Apex Mining Company, a publicly-listed firm controlled by billionaire Enrique K. Razon Jr., has tapped the Lopez Group’s First Gen Corporation to boost the share of renewable sources in its energy mix. Apex Mining President and CEO Luis R. Sarmiento leads the contract signing between Apex Mining...
DAVAO CITY – Over 284 families or 1,704 individuals affected by flooding in the host communities of Hallmark Mining Corp. in two barangays in Mati City, Davao Oriental, received food assistance on Saturday, January 20, and Monday, January 22. FAMILIES from host communities of Hallmark Mining...
DAVAO CITY – Hallmark Mining Corp. has denied reports that its workers had been trapped in a nickel mine site in the coastal Barangay Macambol in Mati City, Davao Oriental due to severe flooding on January 18. CLEARING operations continue on the road linking Barangay Macambol proper to...
Caritas Philippines, the social action arm of the Catholic Bishops' Conference of the Philippines (CBCP), on Friday, Jan. 19, expressed its opposition to mining operations in Samar Island. Photo from Caritas Borongan Caritas Philippines Vice President Bishop Gerardo Alminaza, in a statement, said...
CEBU CITY – The Bohol Mineral Resources Regulatory Office (BMinRRO) posted a record-high mining income in 2023. Ana Luisa Galicinao, BMinRRO head, attributed the record-high revenue to “transparent and above-board procedures for sand and gravel and quarry operations.” In her report, Galicinao...
(First of three parts) CITY OF MATI, Davao Oriental – Known for its unique pygmy forest, the Mount Hamiguitan Wildlife Sanctuary Range is one of the richest biodiversity area not just in Philippines but perhaps in Asia as well. MAP of the Mount Hamiguitan Protected Area With an area of at...
DAVAO CITY – A mining firm operating in Davao Oriental has donated an additional P500,000 educational assistance for students of Davao Oriental State University (DOrSU) on November 30. DorSU President Dr. Roy Ponce, who personally received the check, said the amount is already the second...
Zambales Diversified Metals Corporation (ZDMC), a subsidiary of DMCI Mining, has been awarded the Presidential Mineral Industry Environmental Award (PMIEA). In a statement, the firm said this is in recognition of its commitment to environmental protection, safety measures, community development,...
The provincial government of Eastern Samar said it can finally monitor mining operations to ensure responsible mining and environmental protection in the province. In a statement on Wednesday, Nov. 22, Eden Ivy Balagasay, Eastern Samar provincial legal officer said this was the first vital...
Silangan Mindanao Mining Co. Inc., a wholly-owned subsidiary of Philex Mining Corporation, signed a $100-million syndicated debt facility to fund its ongoing mine development program. In a disclosure to the Philippine Stock Exchange (PSE), Philex said the lenders are Union Bank of the Philippines,...