Peso sinks ahead of Fed meeting

The Philippine peso softened against the US dollar on Tuesday, as market investors awaited this week’s meeting of the US Federal Reserve. The local currency lost 18 centavos to close at P52.83:$1 from Monday’s finish of P52.65:$1. “Investors are waiting for the US Federal Reserve’s message this week knowing that the Fed has been dovish […]


Nickel industry says easing mining policies will spur investment in processing plants

Easing mining policies will encourage investments in mineral processing plants to support President Duterte’s call for downstream processing of metallic mineral resources, the Philippine Nickel Industry Association (PNIA) said. At a conference in Taguig City on Tuesday, PNIA president Dante Bravo said that private and public stakeholders should start discussion on how to pave the […]


e-vehicle group eyes help of battery firms

After drawing about P3 billion worth of investments from assembly line and supply investors, the country’s e-vehicle group has urged battery makers to set up manufacturing operations in the Philippines. E-Vehicle Association of the Philippines expects as much as one million e-vehicles plying the roads, which will be a combination of e-trikes, motorcycles, e-jeeps and […]


Nickel industry stakeholders push for investment roadmap

MANILA — The Philippine Nickel Industry Association (PNIA) is pushing for the creation of a roadmap for the local nickel mining industry to promote investments and enhance its competitiveness in the world market. This, as the business group urges the government to create policies that will result in the establishment of more mineral plants that […]


Philippine nickel industry eyes roadmap to improve competitiveness

MANILA, Philippines – The Philippine Nickel Industry Association (PNIA) is eyeing a roadmap that would boost the production of minerals, amid the ongoing policy changes affecting the mining industry. With the support of House Speaker Gloria Macapagal Arroyo, PNIA president Dante Bravo said part of this plan is to have more mineral processing plants in […]


ECCP Supports Philippine Nickel Industry Association

The Philippine Nickel Industry Association (PNIA) held a press conference for the media launch of its “Nickel Initiative 2019: Shaping Tomorrow, Together” last 30 January 2019. In attendance were the PNIA officer and board members headed by Chairman Mr. Isidro Alcantara Jr., Chairman Emeritus Mr. Clarence Pimentel Jr., PNIA President Atty. Dante Bravo; ECCP Executive Director Mr. […]


Nickel industry players seek wider government support

The Philippine Nickel Industry Association (PNIA) bared plans on Wednesday to craft a road map to determine the essential government and private- sector interventions to spur the development of the local industry’s value chain, notably the establishment of processing plants. PNIA President Dante R. Bravo said the road map is one of the target outcomes […]


Nickel roadmap pushed to spur industry growth

MANILA, Philippines — The local nickel sector is crafting a roadmap for the nickel sector to attract more investments and eventually spur economic growth. Gearing up for the first-ever Nickel Initiative 2019 by March, the Philippine Nickel Industry Association (PNIA) is eyeing to start a nickel roadmap to address value adding and processing. “The roadmap […]


Global Ferronickel signs China contract

Nickel mining company Global Ferronickel Holdings Inc. said unit Platinum Group Metals Corp. signed a purchase contract involving 1 million wet metric tons of nickel ore with China’s Baosteel.


Global Ferronickel increases mine reserves

MANILA, Philippines — Listed Global Ferronickel Holdings Inc. (FNI) announced that proven and probable ore reserves at its Cagdianao site increased by 21 percent, allowing it to proceed with further exploration work. In a regulatory filing, FNI said ore reserves increased to 43.8 million wet metric tons as of the end of October as against […]