The Chamber of Mines of the Philippines (COMP) expects the local mining industry to once again become a major driver of the national economy in the near term, driven by the recent implementation of favorable reforms. Speaking before the 2025 Mining Philippines International Conference and...
President Marcos warned over irresponsible mining, stressing that it must benefit communities, not burden them. In leading the opening of the Mining Philippines 2025 International Conference and Exhibition on Wednesday, Oct. 22, Marcos called for responsible mining, stressing that every operation...
Diversified engineering conglomerate DMCI Holdings, Inc. has declared a special cash dividend of ₱0.48 per share, amounting to ₱6.4 billion, following a hefty ₱5.33 billion cash dividend declaration by subsidiary Semirara Mining and Power Corp. In a disclosure to the Philippine Stock...
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...
