Philippine Nickel
Industry Association
DMCI Mining Corp., a unit of DMCI Holdings Inc., nearly doubled its net income in the first nine months of the year to P206 million from P106 million year-on-year, on shipments of higher-grade ore and increased nickel prices. DMCI Holdings said in a disclosure to the stock exchange nine-month revenues jumped 40 percent to P978 […]
Marcventures Holdings Inc. is increasing its authorized capital stock to up to P7 billion from P4 billion in preparation for a possible fundraising activity. Marcventures said in a filing with the Philippine Stock Exchange it would seek shareholders’ approval to raise the capital stock P7 billion and create 100 million class of preferred shares with […]
The country’s nickel mine production is expected to decrease by up to 20 percent next year due to various regulations set by the Department of Environment and Natural Resources (DENR) as well as the movement of nickel prices in the world market. “It’s likely that the production would be reduced [by] 10 to 20 percent,” […]
PHILIPPINE nickel ore shipments in 2019 may fall by a fifth to a nine-year low of 24 million wet metric tons (WMT) following the decision of the government to minimize the disturbed area of mining operations. Philippine Nickel Industry Association (PNIA) President Dante R. Bravo attributed the projected decline in nickel shipments to the policy […]
THE Philippine Nickel Industry Association (PNIA) is projecting a decline in nickel production of 10-20% in 2019, though companies expect to be profitable, with economic activity driven by the May elections and the ‘Build, Build, Build’ infrastructure program. At the Pandesal Forum in Quezon City on Wednesday, Dante R. Bravo, PNIA president, said: “It’s likely […]
For the first time, Agata Mining Ventures Inc., a nickel laterite joint venture company of TVI Resource Development Philippines Inc. and MRL Nickel Philippines, was honored with the Presidential Mineral Industry Environment Award (PMIEA). PMIEA is the highest award given by the government to mining companies for upholding the Philippine mining industry’s highest safety and […]
Committed to environmental protection and realizing the economic potential of bamboo, employees of Marcventures Mining and Development Corporation (MMDC), the subsidiary of publicly-listed, Marcventures Holdings Inc., celebrated World Bamboo Day by planting acclimatized bamboo seedlings high up the mountains surrounding the Wawa Dam in Rodriguez, Rizal. The environmental initiative is in partnership with Mga Anak […]
MANILA — China’s growing appetite for electric vehicles is helping drive demand for nickel ore in the Philippines’ largest export market for the mineral, the head of an industry group said Tuesday. An ongoing trade war between Beijing and Washington, however, is a “concern” because it has the potential to slow demand, said Dante Bravo, […]
Global Ferronickel Holdings President Dante Bravo said he quit a lucrative accounting job and traded balance sheets for nickel ore because he couldn’t say no to his father-in-law.
Practical learning. Nanay Doding Angop-Mandam of the Barangay Lawigan Farmers and Fisherfolks Association in host Tubay Municipality ensures that proper care and composting is being applied to the cacao plants – all in the hopes of a fruitful harvest. AMVI and the Department of Agricultural enable host community to imbibe on Cacao farming Cabadbaran […]