The Philippine National Police (PNP) is pushing for stronger coordination and alliance with the Department of Environment and Natural Resources (DENR) for the protection of the forests against illegal loggers and miners. This, after three illegal miners were arrested during an operation in Barangay...
The value of the country’s metallic mineral reserves expanded by 17 percent to nearly ₱590 billion in 2025 on the back of an upswing in Class A gold reserves, according to the Philippine Statistics Authority (PSA). In a report on Thursday, June 25, the PSA said the monetary value of Class A...
Three mining wannabes ended up with steel bars in a detention facility following their arrest for illegal activities while searching for gold in a mountainous area in Santa Cruz town in Occidental Mindoro. Police Brig. Gen. Christopher R. Dela Cruz said police forces were immediate sent in Barangay...
Large-scale metallic mining companies in the country have been granted up to two months after the close of each quarter to settle their royalty payments under the new fiscal framework, according to the Bureau of Internal Revenue (BIR). The Marcos administration is implementing the extension to...
The Department of Energy (DOE) plans to require bidders for the upcoming Semirara coal mine auction to reserve part of their coal output for the domestic market as the government seeks to strengthen the country’s energy security amid lingering supply risks. Energy Secretary Sharon Garin told...
Are you afraid of the dark? Well, that depends on whether we are talking about horror movies or the national power supply! Just when Filipino consumers thought they could finally survive the summer’s rotational blackouts, the international energy market strolled in like a sequel villain,...
DMCI Mining Corp., the nickel mining unit of Consunji-led DMCI Holdings Inc., expects this year to mark the start of a years-long growth trajectory after expanding its mining capacity through the commercial operations of its Long Point mine in Palawan. Tulsi Das Reyes, president of DMCI Mining...
The Philippine Nickel Industry Association (PNIA) expects the country to attract more investments into the mining sector following the Supreme Court’s (SC) decision dismissing a petition for a writ of kalikasan against an Eastern Samar province-based mining company. PNIA, whose member companies...
DMCI Holdings Inc. reported a slight decline in first-quarter profit as weaker returns from its coal and water units tempered gains in its real estate and mining divisions. The engineering conglomerate controlled by the Consunji family said that consolidated net income fell two percent to ₱4.9...
The power generation unit of Manila Electric Co. (Meralco) is stepping back from the direct bidding process for a prized coal concession in Antique province. Emmanuel V. Rubio, Meralco PowerGen Corp. president, said they will instead wait for the Consunji family’s mining unit to secure the...
Consunji-led Semirara Mining and Power Corp. (SMPC) is leaning on its three-decade operational history as it prepares for the government auction of its coal assets in Antique province. Speaking at the company’s annual stockholders’ meeting on Monday, May 4, Isidro Consunji, SMPC hairman said...
Philex Mining Corp. opened the year in the red as it posted a net loss of ₱592.48 million in the first quarter, with revenues declining sharply due to lower metal production amid restoration works at the Padcal Mine. Based on its public disclosure, Philex swung to a net loss in the...
