Specials NEWS

There exist on our planet certain plants that can, believe it or not, absorb metals from the earth. Researchers in northern Greece are studying how to take advantage of such plants by harvesting the metals from three shrubs which have this capacity. 

Presidential candidate Bongbong Marcos has been using vlogs to reach as wide an audience as possible ahead of the May 9, 2022 elections. With now over 200 of these vlogs posted on his YouTube channel, a scouring of noteworthy snippets in these videos is in order.

DMCI Holdings’ Berong Nickel Corp. (BNC) in Quezon, Palawan is now facing depletion after 15 years of mining operation and will undergo rehabilitation, according to the company.

The Philippines’ production of metallic minerals were mostly down during the first nine months of the year, but value was higher at P121.16 billion due to continuing increase in prices in the world market.

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.

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.

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.

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).

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.

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.

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.

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. 

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.

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.

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.

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. 

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.