DMCI Mining Corp.’s profitability soared during the first semester of the year after recording about a 400-percent increase in its net income to in the same period last year. In a press release, the subsidiary of Consunji-led DMCI Holdings said it was able to ship 1.24 million wet metric tons of nickel ore between January…
Consunji-led DMCI Holdings sees a return to pre-pandemic earnings level this year as it sustained a triple-digit growth in second quarter earnings on the back of robust coal, property and nickel mining businesses. DMCI’s second quarter net profit surged by 269 percent year-on-year to and likewise topped first quarter’s bottom line by 23 percent. Excluding…
A number of foreign companies have signified interest to invest in the country’s offshore mining sector, encouraged by the recent issuance of Executive Order No. 130 that lifted the moratorium on the approval of new mining permits. The Offshore Mining Chamber of the Philippines (OMCP) over the weekend said several investors from at least were…