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DMCI Holdings posts 20% profit drop in 2023
Engineering conglomerate DMCI Holdings Inc. incurred a 20 percent drop in its profit in 2023 as business took a beating from price corrections in energy and nickel prices......»»
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 […].....»»
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......»»
PLDT back on growth track, doubles profit to P26.61 billion
Telco leader PLDT Inc. returned to growth mode in 2023 as its profit doubled from a year ago, as it cleaned up the P33-billion budget overrun that messed up its balance sheet in 2022......»»
Figaro quarterly profit up 7% y/y (121% q/q)
Figaro posted a Q2 profit of P195 million, up 7% from its Q2/22 profit of P182 million, and up 121% from its Q1 profit of P88 million......»»
DMCI hikes capex to P59 billion this year
The DMCI Group of the Consunji family is raising its capital spending by nearly a quarter to P59.1 billion this year, with the majority of its businesses allocating higher investments to support their respective expansions......»»
DMCI Homes earmarks P16 billion for capex in 2024
DMCI Homes, the property development arm of the Consunji Group, is allocating around P16 billion in capital expenditures this year to expand its portfolio......»»
DMCI, Marubeni investing P15 billion for property venture
DMCI Homes of the Consunji family and Japanese trading conglomerate Marubeni Corp. are investing around P15 billion for their real estate joint venture project......»»
DMCI posts FY23 net income of P24.7-B (down 21%)
DMCI posted an FY23 consolidated net income of P24.7 billion, which was 21% lower than its FY22 net income of P31.2 billion......»»
DMCI Holdings net income down 20% to P24.9B as revenue drops
DMCI Holdings net income down 20% to P24.9B as revenue drops.....»»
DMCI Homes putting up 2nd leisure project in Benguet
Following the success of the company’s first leisure property in Batangas, Consunji-led DMCI Homes is developing an eco-agri mountain resort condotel in the town of Tuba, Benguet......»»
Philippine landslide death toll almost doubles to 27: official
The death toll from a landslide that hit a gold-mining village in the southern Philippines nearly doubled to 27 on Friday, officials said, as rescuers retrieved more bodies from the mud. The number of people missing from Tuesday's landslide in Masara in the mountainous province of Davao de Oro on Mindanao island fell to 89 from more than 100, while the number of injured rose to 32, the latest figures from.....»»
Philippine landslide death toll almost doubles to 27: official
The death toll from a landslide that hit a gold-mining village in the southern Philippines nearly doubled to 27 on Friday, officials said, as rescuers retrieved more bodies from the mud. The number of people missing from Tuesday's landslide in Masara in the mountainous province of Davao de Oro on Mindanao island fell to 89 from more than 100, while the number of injured rose to 32, the latest figures from.....»»
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......»»
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......»»
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......»»
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......»»
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.....»»
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 […].....»»
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......»»