The Department of Energy (DOE) has terminated the service contract for the Montelago geothermal power project, scuttling the planned facility after citing the developer’s failure to meet certain targets. In a disclosure to the Philippine Stock Exchange on Wednesday, Oct. 15, Nickel Asia Corp....
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,...
The country’s leading mining groups are urging the government to immediately release Joseph Sy, chairman of Global Ferronickel Holdings Inc. (FNI), following his arrest by the Bureau of Immigration (BI), which they described as “unlawful.” In separate statements on Monday, Aug. 25, the...
When Nickel Asia Corp. (NAC) President Martin Antonio “Dennis” Zamora suggested a visit to TBEA, a solar energy company in China, I knew it would be an interesting learning trip. In early August, the NAC Board and executives flew to Beijing for committee meetings at the Shangri-La. The next...
Berong Nickel Corp. (BNC), a subsidiary of Consunji-led DMCI Mining Corp., has secured the exclusive right to explore, develop, and utilize mineral resources from its Long Point property in Aborlan town, Palawan. In a statement on Tuesday, Aug. 12, BNC said it has signed a mineral production...
The country’s leading mining groups welcomed the bicameral conference committee’s decision to remove the highly contentious ore export ban from the reconciled version of the bill seeking to reform the mining fiscal regime. In separate statements on Wednesday, June 11, the Chamber of Mines of...
Zamora-led mining firm Nickel Asia Corp. (NAC) reported a 148 percent increase in its attributable net income to ₱501.03 million in the first quarter of 2025, from ₱202.38 million in the previous year, driven by the sale of its minority stake in a nickel processing operator in Palawan. In a...
Nickel Asia Corp. (NAC) announced that its renewable energy (RE) unit has partnered with retail energy supplier (RES) Mabuhay Energy Corp. (MECO) to supply clean energy. In a statement, NAC’s Emerging Power Inc. (EPI) said that, along with its subsidiaries Jobin SQM Inc. (JSI) and Northern...
Emerging Power Inc. (EPI), the renewable energy (RE) arm of Nickel Asia Corp. (NAC), has secured a loan from Rizal Commercial Banking Corp. (RCBC) to fund its solar project in Zambales. In a statement on Friday, March 7, EPI announced that it secured a ₱5.175-billion finance senior term...
The Philippine Nickel Industry Association (PNIA) has strongly opposed a local ordinance imposing a 50-year moratorium on new mining operations in Palawan, citing its economic impact and conflict with national law. The Sangguniang Panlalawigan ng Palawan on Wednesday, March 5, approved the...
Senate President Francis “Chiz” Escudero on Thursday, March 6 welcomed the announcement of a joint venture between Nickel Asia Corporation and DMCI Mining Corporation to develop a nickel processing plant in the country. He called the partnership a “monumental stride” in adding...
Nickel Asia President and CEO Martin Antonio G. Zamora and DMCI Mining President Tulsi Das C. Reyes The Consunji Group’s DMCI Mining Corporation, an emerging nickel producer, and Zamora-led Nickel Asia Corporation have teamed up to explore the feasibility of developing and operating a...
