ILOILO CITY — A group opposed the inclusion of Antique province as one of the new potential sites for a nuclear power plant in the country. “We strongly oppose and condemn the reported inclusion of the province of Antique — particularly Semirara Island —as a potential site for a nuclear...
The Rapu-Rapu Polymetallic Project (RRPP) has achieved a historic milestone in the Philippine mining industry by becoming the first company under Republic Act 7942, or the Philippine Mining Act of 1995, to successfully complete its Final Mine Rehabilitation and/or Decommissioning Plan (FMR/DP). The...
Senator Joseph Victor “JV” Ejercito has lauded the signing into law of Republic Act No. 12253 or the Enhanced Fiscal Regime for Large-Scale Metallic Mining Act saying this will help generate income for the government but at the same time preserve and protect the country’s environment. “With...
President Marcos has signed Republic Act No. 12253, also known as the Enhanced Fiscal Regime for Large-Scale Metallic Mining Act, describing it as a landmark reform that will ensure transparency, accountability, and a fairer share of revenues from the country’s mineral resources. In a ceremony...
BUTUAN CITY – Nineteen individuals were arrested on Monday in Agusan del Sur for violations of Republic Act 7942 or the Philippine Mining Act of 1995. The suspects, all residents of Davao de Oro province, were caught transporting 76 sacks of illegally mined mineral ores on board three separate...
The Department of Justice (DOJ) has indicted Abra Mining & Industrial Corp. (AR), its directors, officers, transfer agent, and certain stockholders for the unauthorized and fraudulent trading of shares from 2015 to 2019. Acting upon the complaint filed by the Securities and Exchange Commission...
Diversified engineering conglomerate DMCI Holdings Inc. reported an 18 percent drop in consolidated net income to ₱9.1 billion in the first half of 2025 from the ₱11.1 billion earned in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said it posted a net...
Earnings of Pangilinan-led gold producer Philex Mining Corp. continued to decline as its Padcal mine is almost depleted and as it continues to spend to bring its Silangan mine to commercial production. In a disclosure to the Philippine Stock Exchange, the firm said its core net income fell 67...
Only five companies from the Philippines made it to Forbes Asia’s 2025 Best Under A Billion list, which recognizes 200 top-performing small and mid-sized listed companies in the Asia-Pacific region. Filipino companies in the list are led by Converge Information & Communications Technology...
Consunji-led Semirara Mining and Power Corp. (SMPC) reported a drop in its net income due to lower coal and electricity prices. In a disclosure to the Philippine Stock Exchange on Monday, Aug. 4, SMPC recorded that its consolidated net income in January to June this year decreased to ₱8.4 billion...
DAVAO CITY – Hallmark Mining Corp. reiterated on Wednesday, July 2, its commitment to legal compliance and social responsibility as tensions mount over a controversial road barricade in Barangay Macambol in Mati City, prompting public outcry and renewed debate on ancestral domain, public access,...
DAVAO CITY – The Davao Oriental Police Provincial Office has justified the arrest of residents protesting against a mining firm in Mati City. In a statement, the DOPPO said that they acted on the request of Barangay Macambol Captain Cerino Salazar who alleged that they barricaded the portion of...
