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Slowing China demand to curb PH nickel ore exports

Weaker metal demand from China is expected to affect the local mining industry, which has been the Mainland’s chief supplier when it came to nickel ore. (2-0)

‘Responsible mining’ key to industry’s survival

In 2016, the mining industry was greeted with the appointment of Regina Paz Lopez as the country’s environment secretary, a staunch environment advocate who had President Duterte as one of her earnest backers. (2-0)

BGI to fast-track Biliran project

2017-12-21 bworldonline
BILIRAN Geothermal, Inc. (BGI) has committed to hastening the construction of the geothermal power plant in the aftermath of the tropical storm that hit the island province in Eastern Visayas. (2-0)

DENR cannot link low fisheries yields to mining on Manicani island

2017-11-26 bworldonline
THE Department of Environment and Natural Resources (DENR) said it cannot establish a link between mining activities and low fisheries yields in Manicani island in Guiuan, Eastern Samar, the site of a suspended mine operated by Nickel Asia Corp. (2-0)

Restore whole ecology not just trees, miners told

BAGUIO CITY—Instead of rebuilding forests when a mine’s life ends, mining firms should invest in restoring the whole ecology that was damaged by mining activity, a unit of Nickel Asia Corp. proposed during this year’s annual mine safety and environment symposium here. (2-0)

MGB: HMC mining permit renewal unlikely

The application for the renewal of Hinatuan Mining Corp.’s (HMC) mining permit in Eastern Samar is likely to be rejected based on existing laws, Mines and Geosciences Bureau (MGB) Director Wilfredo Moncano said. (2-0)

Fear of Glut Grips Commodities as Xi Shifts China Economic Focus - Bloomberg

2017-11-15 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (30-0)

No price rally yet

This week, stock prices may move sideways first then downwards before stabilizing toward the end. It will get support from the predictable changes of the season and by promising developments at the ongoing Asean Summit. (37-0)

Nickel Asia bottom line more than doubles

2017-11-06 philstar
MANILA, Philippines — Listed Nickel Asia Corp. more than doubled its net income to P3.6 billion in the first nine months owing to improved global prices despite lower production. (2-0)

Nickel Asia sees ‘okay’ profit for 3rd quarter

2017-10-26 bworldonline
THE COUNTRY’S top nickel miner on Thursday said its third quarter profit is “okay,” after seeing improved ore prices. (2-0)

Quid pro quo

2017-10-22 philstar
The Commission on Appointments recently confirmed the appointment of retired military general Roy Cimatu as head of the Department of Environment and Natural Resources in proceedings that can be described as smooth sailing and without brickbats being hurled. (2-0)

Tourist site near an open mining pit

Just a hundred meters from the shoreline of Hinatuan beach in Surigao del Sur lies a future tourist attraction being built by an unexpected group — a coastal resource management team working for Nickel Asia Corp. (NAC), the largest nickel producer in the country. (2-0)

PT&T plans to reactivate stock listing

2017-09-25 philstar
MANILA, Philippines — Philippine Telegraph and Telephone Corp. (PT&T) is planning to reactivate its listing on the Philippine Stock Exchange (PSE) within the current fiscal year as it looks to increase clients, as well as grow earnings and revenue. (7-0)

Nickel Asia steps up Hinatuan mine rehab

2017-09-18 philstar
TAGANA-AN, Surigao del Norte, Philippines —Hinatuan Mining Corp., a subsidiary of listed Nickel Asia Corp., is stepping up its mine rehabilitation as 59 hectares of its area are undergoing restoration to ensure environmental sustainability. (2-0)

Permit delay trims exports of nickel ore

2017-09-15 philstar
TAGANA-AN, Surigao del Norte, Philippines — Hinatuan Mining Corp., a subsidiary of listed Nickel Asia Corp., is reducing its nickel ore shipments to China and Japan for this year due to delay in securing the green light from the government.