The nickel industry in the Philippines, one of the most highly mineralized countries in the world, will keep its growth momentum this year despite the prevalence of the COVID-19 pandemic. In a statement, the Philippine Nickel Industry Association (PNIA) said it is optimistic that the nickel...
Alyansa Tigil Mina (ATM) has expressed its support to Brooke’s Point Mayor Jean Feliciano, who was temporarily suspended by the Ombudsman as a result of a lawsuit filed by Global Ferronickel Holdings, Inc.’s (FNI) Ipilan Nickel Corporation (INC). In a statement on Tuesday, ATM said Feliciano...
The subsidiary of Global Ferronickel Holdings, Inc. (FNI), the third-largest nickel ore producer in the Philippines , has scored a win against Mayor Jean Feliciano of Brooke’s Point, Palawan after years of legal battle. In a decision, the Office of the Ombudsman has found Feliciano guilty of...
Marcventures Mining and Development Corporation (MMDC), a subsidiary of listed nickel miner Marcventures Holdings Inc. (MHI), is targeting to ship 2.035 million wet metric tons (WMT) of nickel ore this year, higher than the 1.732 million WMT it shipped in 2020. In a statement, MMDC said that for...
Although the majority of the mineral commodities registered a decline in output, the value of the Philippines’ total mineral production during the first three months of 2021 managed to rise by 14.11 percent to P28.91 billion from P25.34 billion during the same period last year. This was...
Global Ferronickel Holdings, Inc. (FNI), the second-largest nickel producer in the country, is targeting to ship 6 million wet metric tons (WMT) of nickel ores this year on the back of expanded operations. This is higher than the 5.62 million WMT of nickel ores the company shipped in 2020, said FNI...
Thanks to higher ore export prices, listed mining firm Nickel Asia Corporation has booked a surge in its income last year despite the COVID-19 lockdown restrictions. In a regulatory filing, Nickel Asia informed the Philippine Stock Exchange (PSE) that it reported an attributable net income (net of...
The Philippines’ nickel output declined in 2020 amid the COVID-19 pandemic, but thanks to higher global prices, its full-year export value went up to P25 billion. Citing data from Mines and Geosciences Bureau (MGB), Philippine Nickel Industry Association (PNIA) revealed that the country’s...
With higher exports and few layoffs, the country's mining sector has remained largely unaffected by the COVID-19 pandemic, a mining official said. In a webinar hosted by Arangkada Philippines, Chamber of Mines of the Philippines (COMP) Chairman Gerard Brimo said on Wednesday that the mining sector...
Global Ferronickel Holdings, Inc. (FNI), through its operating arm in Surigao del Norte Platinum Group Metals Corporation (PGMC), committed to ship as much as 1.3 million wet metric tons (WMT) of nickel ore to Baosteel Resources International Co. Ltd next year. In a regulatory filing to the...
Despite the pandemic, the Philippines, the world’s top nickel producer and one of the most highly mineralized countries globally, may still end up with the same output of 40 million to 45 million wet metric tons (WMT) of nickel ore this year. Moreover, nickel mining firms may even book...
