Gov. Humerlito A. Dolor has approved an ordinance prohibiting sand mining and dredging in the coastline and municipal waters of the province, ending speculations that he was supporting large-scale seabed mining and other forms of destructive extraction of minerals from coastal areas. Dolor recently...
United Paragon Mining Corp., a listed firm controlled by National Bookstore’s Ramos family, is seeking to wipe out ₱876.57 million in debt by converting preferred shares and bonds into equity. In a disclosure to the Philippine Stock Exchange, the firm stated that its board of directors has...
DAVAO CITY – Davao de Oro Gov. Raul Mabanglo ordered the temporary suspension of all mining operations, effective immediately, following the magnitude-7.4 earthquake that struck the Davao region on Friday, Oct. 10. Mabanglo confirmed the order during the Regional Disaster Risk Reduction and...
DAVAO CITY – A mining firm in Davao Oriental backed the provincial government’s call to protect the environment, particularly the Mount Hamiguitan Range Wildlife Sanctuary, a United Nations Educational, Scientific, and Cultural Organization World Heritage Site and ecological landmark in the...
DAVAO CITY – The provincial government of Davao Oriental is mulling to pass a measure to stop ongoing nickel mining operations on the slopes of the Mount Hamiguitan Range Wildlife Sanctuary in Barangay Macambol in the City of Mati. Gov. Nelson Dayanghirang issued a statement on Tuesday, Oct. 7,...
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...
