The Mines and Geosciences Bureau (MGB) is pushing for policies that would gradually restrict the exportation of raw minerals to pave the way for more mineral processing and value-adding in the country's mining sector. During the MGB Stakeholders Forum on Thursday, Juancho Pablo Galvez, chief of MGB...
Marcventures Holdings Inc. (MHI) consolidated income during the first nine months of the year surged to P790.31 million, a 384.32 percent increase from the P163.18 million the company had in the same period last year. This is amid the robust third quarter performance of the firm’s subsidiary,...
Global Ferronickel Holdings, Inc. (FNI), the country’s second-largest nickel ore producer, saw its income going up by 19.4 percent to P1.86 billion during the first nine months of the year, compared with P1.56 billion during the same period last year. Photo from Global Ferronickel Holdings, Inc....
The country’s nickel output for this year will likely go down due to unexpected weather disturbances and some logistical issues, said a top official from the Philippine Nickel Industry Association (PNIA). During the launch of the PNIA’s first Sustainable Development Goals (SDG) report, PNIA...
The first six months of the year have been good to the Philippines’ mining sector, with strong metal prices pushing the value of metals output up to P68.63 billion and gold and nickel, which account for most of the country’s mineral production, registering higher output from January to June....
Thanks to higher shipments, Global Ferronickel Holdings, Inc. (FNI), the country’s second-largest nickel ore producer, saw its income surging to P640.8 million during the first half of the year, compared to the P195.8 million it had in the same period last year. As for revenues, the company saw a...
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...
