Only five companies from the Philippines made it to Forbes Asia’s 2025 Best Under A Billion list, which recognizes 200 top-performing small and mid-sized listed companies in the Asia-Pacific region. Filipino companies in the list are led by Converge Information & Communications Technology...
Consunji-led Semirara Mining and Power Corp. (SMPC) reported a drop in its net income due to lower coal and electricity prices. In a disclosure to the Philippine Stock Exchange on Monday, Aug. 4, SMPC recorded that its consolidated net income in January to June this year decreased to ₱8.4 billion...
DAVAO CITY – Hallmark Mining Corp. reiterated on Wednesday, July 2, its commitment to legal compliance and social responsibility as tensions mount over a controversial road barricade in Barangay Macambol in Mati City, prompting public outcry and renewed debate on ancestral domain, public access,...
DAVAO CITY – The Davao Oriental Police Provincial Office has justified the arrest of residents protesting against a mining firm in Mati City. In a statement, the DOPPO said that they acted on the request of Barangay Macambol Captain Cerino Salazar who alleged that they barricaded the portion of...
DAVAO CITY – The counsel of a multisectoral group in Mati City, Davao Oriental is seeking to dismiss the charges against three of its members who were arrested over the weekend amid the protest against a large-scale mining operation in Barangay Macambol last week. Lawyer Glocelito Jayma told...
DAVAO CITY – A multisectoral group in Mati City in Davao Oriental vowed to continue their protest against a large-scale mining operation amid the arrest of their members in Barangay Macambol over the weekend. On June 26, members of the Davao Oriental Pujada Landscape Eco-Tourism Association,...
TACLOBAN CITY – The Sangguniang Panlungsod of Borongan City has passed Resolution No. 59, Series of 2025, opposing destructive mining activities. It called on government agencies to safeguard the city’s environment, resources, and communities. The resolution aligns with Mayor Dayan Agda’s...
Rescuers recovered the bodies of three remaining small-scale miners trapped in a tunnel in Sitio Balcony, Barangay Runruno, Quezon town, Nueva Vizcaya province during retrieval operations on Wednesday evening. Fire Officer 2 (FO2) John Roman C. Cachero, chief of the Public Information Unit (PIU) of...
Five miners allegedly engaged in illegal mining were found dead in a tunnel in FCF Compound, Barangay Runruno, Quezon, Nueva Vizcaya, on Tuesday, June 24. Police identified the victims as Daniel Segundo Paggana, 47; Lipihon Ayudan, 56; Florencio Indopia, 63, Alfred Bilibli, and Joval Bantiyan....
Consunji-led Semirara Mining and Power Corp. (SMPC) has filed a case against the Department of Finance (DOF), the Bureau of Internal Revenue (BIR), and the Bureau of Customs (BOC) over the imposition of taxes on its fuel imports. In a disclosure to the Philippine Stock Exchange on Wednesday, June...
Yap-led Lepanto Consolidated Mining Co. reported that its net income surged 40 times to ₱659 million in the first five months of 2025 from the ₱16 million earned in the same period last year, as it ramped up production amid rising gold prices. In a disclosure to the Philippine Stock Exchange...
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...
