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Atlas Consolidated posts FY23 net income of P1.1-B (down 65%)

Atlas Consolidated, a gold and copper mining company, posted an FY23 net income of P1.1 billion, which was 65% lower from its FY22 net income of P3.2 billion......»»

Category: financeSource:  philstarRelated NewsMar 7th, 2024

Apex Mining must be held accountable, says Lumad group

DAVAO CITY (MindaNews / 13 February)—An indigenous group has condemned Apex Mining Company for their apparent neglect of their workers and demanded that the firm be held accountable for the casualties during the February 6 landslide in Masara. “Why did Apex Mining company continue its 24-hour mining operations, using three shifts of workers, during the […].....»»

Category: newsSource:  mindanewsRelated NewsFeb 14th, 2024

Legislator Urges DENR to Investigate Mining and Quarrying Activities in Catanduanes

Congressman Leo Rodriguez strongly encourages the leadership of the Department of Environment and Natural Resources (DENR) to investigate mining and quarrying activities in the province of Catanduanes. Despite the Provincial Board’s withdrawal of their resolution allowing small-scale carbon mining, the congressman hints at the authorities due to the lack of action on his complaints. According […] The post Legislator Urges DENR to Investigate Mining and Quarrying Activities in Catanduanes appeared first on Bicol Peryodiko......»»

Category: newsSource:  bicolperyodikoRelated NewsJan 30th, 2024

Small-Scale Mining sa Barangay Obi, May Permit na mula sa DOE

Caramoran, Catanduanes – Mahigpit na tinututulan ng mga residente maging mayoriya ng Barangay Council ang panukalang Small-Scale Mining sa Barangay Obi, Caramoran, Catanduanes. Itoy matapos lumabas na ang sinasabing permit mula sa Department of Energy (DOE) na nakapangalan sa isang nagngangalang Adelbert Z. Almario. Si Almario ay tubong Barangay Mabini, Caramoran na nabigyan ng coal […] The post Small-Scale Mining sa Barangay Obi, May Permit na mula sa DOE appeared first on Bicol Peryodiko......»»

Category: newsSource:  bicolperyodikoRelated NewsMar 30th, 2024

Royalty on mining operations outside reservations pushed

The Mines and Geosciences Bureau (MGB) said that mining operations outside mineral reservations must pay a royalty as part of the government’s rationalization of the country’s mining fiscal regime......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024

Charter change could worsen destructive mining impact

By DOMINIC GUTOMAN AND ZYSA MEI ELLORAN Bulatlat.com MANILA – For environmental defenders, the government’s push for charter change (cha-cha) could worsen the already dire impacts of destructive mining corporations on vulnerable communities. The Kalipunan ng Katutubong Mamamayan ng Pilipinas (Katribu) and Youth Advocates for Climate Action Philippines (YACAP) held a protest in front of… The post Charter change could worsen destructive mining impact appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsMar 11th, 2024

Abra Mining investors turning up the heat on SEC and PSE to resolve unlisted shares issue

Shareholders of Abra Mining, together with stockbroker Victor Dominquez, are seeking a Congressional inquiry into “the alleged failure of the SEC and PSE to formalize charges against the executives of Abra Mining...” for their role AR’s sale of shares which were unlisted and unregistered during the “basura” (garbage) stock frenzy that heated up in late 2020 and overboiled in early 2021......»»

Category: financeSource:  philstarRelated NewsMar 7th, 2024

Calls for probe, shutdown of mining firm grow after Davao de Oro landslide

'Apex Mining and other mining companies in Mindanao have clearly endangered the lives of hundreds,' says activist Jon Bonifacio of the Kalikasan People's Network for the Environment.....»»

Category: newsSource:  rapplerRelated NewsFeb 13th, 2024

Maco landslide: Apex Mining says 3 buses, jeepney waiting to shuttle workers accounted

DAVAO CITY (MindaNews / 10 February) – The three buses and a jeepney waiting for workers of Apex Mining Corp. were found buried in the landslide that hit Barangay Masara in Maco, Davao de Oro, the company said. In a statement sent to MindaNews Saturday, Ma. Teresa Lopez Pacis, Apex Mining assistant vice president for […].....»»

Category: newsSource:  mindanewsRelated NewsFeb 12th, 2024

Apex Mining clarifies landslide outside site, joins rescue efforts

APEX Mining Co. Inc. clarified that the tragic landslide, claiming at least seven lives in Zone 1, Barangay Masara, Maco, Davao de Oro on February 6, 2024, occurred outside their mining site jurisdiction......»»

Category: newsSource:  sunstarRelated NewsFeb 8th, 2024

PMPI joins Church and CSOs in Samar, calls for a Stop of Mining in all Samar Islands

A Stop to Mining call reverberated in Guiuan, Eastern Samar on January 20, 2024, with thousands of people from different parts of Samar and Leyte converging at the Immaculate Concepcion Church in Guiuan to express their sentiments against the destructive activities of mining on the island of Samar.Spearheaded by the three (3) Dioceses of Samar, together with the support of the Philippine Misereor Partnership and.....»»

Category: newsSource:  manilanewsRelated NewsJan 21st, 2024

PMPI joins Church and CSOs in Samar, calls for a Stop of Mining in all Samar Islands

A Stop to Mining call reverberated in Guiuan, Eastern Samar on January 20, 2024, with thousands of people from different parts of Samar and Leyte converging at the Immaculate Concepcion Church in Guiuan to express their sentiments against the destructive activities of mining on the island of Samar.Spearheaded by the three (3) Dioceses of Samar, together with the support of the Philippine Misereor Partnership and.....»»

Category: newsSource:  philippinetimesRelated NewsJan 21st, 2024

No miners trapped in Mati City – OCD-XI

DAVAO CITY (MindaNews / 20 January) – It is not true that miners were trapped in a wooded mining site operated by Hallmark Mining Company in Mati City, around noon on Friday, January 19, an official said. “Dili po tinuod na trapped ang mga miners, na-isolate lang to sila sa mining area kay naa landslides […].....»»

Category: newsSource:  mindanewsRelated NewsJan 20th, 2024

Martin Nievera is proud ‘Lilo’ to first apo

Martin Nievera is now a proud grandfather to baby Phineas Atlas, his and ex-wife Pops Fernandez’s first apo from their eldest son Robin and his non-showbiz partner......»»

Category: entertainmentSource:  philstarRelated NewsMar 23rd, 2024

Losses to Philippine agriculture due to El Nino reach 31 mln USD

MANILA, March 20 (Xinhua) -- The El Nino dry spell and ensuring drought have caused over 1.75 billion pesos (roughly 31 million U.S. dollars) in damage to Philippine agriculture, a senior government official said Wednesday. This year's losses due to El Nino are still low compared to 2009 when the damage to agriculture reached 17 billion pesos (302 million dollars), Presidential Communications Office Assistant Se.....»»

Category: newsSource:  manilanewsRelated NewsMar 21st, 2024

‘Legislated wage hike spells job losses’

A bill that seeks a P100 increase in the daily minimum wage for private workers nationwide could spell job losses especially in labor-intensive sectors, economists warned......»»

Category: financeSource:  philstarRelated NewsFeb 19th, 2024

Shrinking news space: CNN Philippines shuts down due to financial losses

CNN PHILIPPINES officially announced on Jan. 29 that it was shutting down operations on all platforms following several years of financial losses. It made the announcement on its channel through a broadcast advisory, followed by an official statement on social media. Operated by Nine Media C.....»»

Category: sportsSource:  abscbnRelated NewsFeb 1st, 2024

CNN Philippines announces closure due to financial losses

The news network announced its shutdown in a general assembly of its staff on Monday, citing “serious financial losses.".....»»

Category: newsSource:  philstarRelated NewsJan 29th, 2024

CNN Philippines shutting down as losses exceed P5B

MANILA  —CNN Philippines is going off the air nearly nine years after debuting into the local broadcasting industry as its local franchise holder decided to pull the plug after accumulating financial losses exceeding P5 billion. The shutdown of the television network —which will affect about 300 employees — will be formally announced on Monday, an.....»»

Category: newsSource:  inquirerRelated NewsJan 27th, 2024

Philippines rescuers find girl alive 60 hours after landslide - Philippines

Three-year-old has given fresh hope of finding more survivors in a gold-mining village where death toll has climbed to 27 The rescue of a child nearly 60 hours after a landslide hit a gold-mining village in the southern Philippines has been hailed as a miracle after searchers had given up hope of finding more survivors. The girl, who the Philippine Red Cross said was three years old, had been among scores of people missin.....»»

Category: newsSource:  manilanewsRelated News5 hr. 26 min. ago