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Higher output lifts Atlas Mining profit

The improved production of copper and gold more than doubled the bottomline of Atlas Consolidated Mining and Development Corp. to P563 million in the first quarter......»»

Category: financeSource: philstar philstarApr 22nd, 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

Government, miners agree on fiscal regime proposal

Miners and government officials have reached a middle ground on the tiering of a proposed windfall profit tax for the mining industry that could pave the way for the approval of the long-awaited mining fiscal regime......»»

Category: financeSource:  philstarRelated NewsMay 9th, 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

DOF mulls mining tax tweaks for royalties, windfall profits

The Department of Finance is pushing for higher rates and fewer tiers in taxing the extractive sector, but the mining industry argued that the proposed structure would make the sector more uncompetitive......»»

Category: financeSource:  philstarRelated NewsMar 6th, 2024

Philippines mineral output to sustain growth

The value of the country’s mineral output this year is expected to surpass last year’s P249 billion, driven by the rising demand for gold amid persisting geopolitical tensions, according to an industry group......»»

Category: financeSource:  philstarRelated NewsMay 12th, 2024

Raw sugar output highest in 3 years

Local raw sugar production in the current crop year expanded to 1.86 million metric tons (MT), surpassing the previous crop year’s entire output, due to more sugarcane milled and better sweetener content......»»

Category: financeSource:  philstarRelated NewsMay 5th, 2024

Motor vehicle output up 7.7 percent in Q1

Motor vehicle output in the Philippines went up by 7.7 percent in the first quarter, making the country the second fastest growing market for vehicle production in Southeast Asia......»»

Category: newsSource:  philstarRelated NewsMay 3rd, 2024

Philex net income drops on lower metal output

The earnings of Philex Mining Corp. plunged by 70 percent to more than P110 million in the first quarter as revenues fell due to lower metal output......»»

Category: financeSource:  philstarRelated NewsApr 26th, 2024

Factory output rises to 5-month high in February

Manufacturing output in February picked up at its fastest pace in five months, driven by the performance of electronic, food and chemical products, according to the Philippine Statistics  Authority......»»

Category: financeSource:  philstarRelated NewsApr 13th, 2024

Nickel Asia sees better ore output, slashes capex

Nickel Asia Corp expects better ore output this year, driven by the start of two new mine operations and the possible increase in global nickel prices......»»

Category: financeSource:  philstarRelated NewsMar 15th, 2024

Factory output growth picks up in January

The country’s factory output went up at a quicker pace in January from the previous month due mainly to the slower contraction in production of electronic products and beverages, according to the Philippine Statistics Authority......»»

Category: financeSource:  philstarRelated NewsMar 7th, 2024

Factory output growth slows sharply in 2023

The country’s manufacturing output expanded at a slower pace in 2023 as food, beverages and 12 other industry divisions registered declines, according to the Philippine Statistics Authority......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

SM Prime builds up profit to P10.5 billion

Sy-led integrated property developer SM Prime Holdings Inc. booked higher profit in the first quarter on the back of robust revenues, particularly from its malls......»»

Category: financeSource:  philstarRelated NewsMay 6th, 2024

PAL profit tumbles on price pressures

Flag carrier Philippine Airlines felt the shock of ballooning prices of fuel and services in the first quarter of the year, suffering a 13- percent drop in profit due to higher spending......»»

Category: financeSource:  philstarRelated NewsMay 2nd, 2024

AGI posts record P30.3 billion profit

Alliance Global Group Inc., the holding company of tycoon Andrew Tan, saw its profit rise by a fifth to reach record high levels in 2023 despite higher inflation, which pushed overall costs and expenses up during the year......»»

Category: financeSource:  philstarRelated NewsApr 16th, 2024