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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

2017-10-14 newsinfo.inquirer.net
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.

Nickel Asia on track to hit shipment targets

2017-09-14 philstar
DINAGAT ISLANDS, Surigao del Norte , Philippines  —  Cagdianao Mining Corp. (CMC), a subsidiary of Nickel Asia Corp., is on track to hit its 2.1 million wet metric tons (WMT) of nickel ore shipment target despite backlogs in the past month.

PH stocks continue downturn, on 3-day slide

2017-08-10 business.inquirer.net
The local stock barometer slipped for the third straight session on Thursday after failing anew to stay above the 8,000 mark in intra-day trade.

Nickel Asia H1 profit soars to P1.54B

2017-08-04 business.inquirer.net
Despite disruptions in the mining sector, Nickel Asia Corp. reported a 64-fold increase in its net income for the first half of the year to P1.54 billion from P24 million a year ago.

Nickel Asia earnings surge to P2.2 B

2017-08-04 philstar
MANILA, Philippines - Listed Nickel Asia Corp. saw its net income surge more than 700 percent to P2.2 billion in the first half, mainly due to higher shipments and improved global prices.

Mining industry remains in a pit of uncertainty

2017-07-27 philstar
MANILA, Philippines - The major regulatory changes implemented by the Duterte administration has created uncertainty for the mining industry. (0-1)

Nickel Asia exports up in H1

2017-07-13 philstar
MANILA, Philippines - Nickel Asia Corp. saw a 41 percent hike in export sales in the first half owing to higher prices of nickel and a weaker peso exchange rate.

PSEi firms up on “cautious” bargain-hunting

2017-07-03 business.inquirer.net
The local stock barometer firmed up on Monday as investors took heart from mostly upbeat regional markets.

Nickel Asia spending P400 M for environment protection plan

2017-06-09 philstar
MANILA, Philippines - Listed Nickel Asia Corp. spent close to P400 million for environmental protection and enhancement programs in its covered mining areas last year.

Zamora buys PT&T for P800 M

2017-06-05 philstar
MANILA, Philippines - Mining mogul Salvador “Buddy” Zamora II has reportedly acquired telecom firm Philippine Telegraph & Telephone Corp. (PTT) for roughly P800 million.

Nickel Asia swings to profitability in Q1

2017-05-05 philstar
MANILA, Philippines - Nickel Asia Corp. earned P378 million in the first quarter,  a reversal of the P300.8 million loss incurred  in the same period last year, owing to improved market prices.

Cayetano rejected Lopez due to her ‘unwillingness’ to follow processes

2017-05-05 newsinfo.inquirer.net
Gina Lopez’s “unwillingness to comply with institutional processes” made her unfit to head the Department of Environment and Natural Resources (DENR), Sen. Alan Peter Cayetano said on Friday.

PSEi slips below 7,700, mining bucks downturn

2017-05-03 business.inquirer.net
Mining stocks bucked the downturn at the local stock exchange on Wednesday on prospects of leadership change at the Department of Environment and Natural Resources (DENR).

Nickel Asia exports up 50% in Quarter 1

2017-04-11 philstar
MANILA, Philippines - Listed Nickel Asia Corp. saw a 47 percent hike in export sales for the first quarter of 2017 owing to higher prices of nickel and a weaker peso exchange rate.

METALS-Copper hits 1-week low, zinc plumbs new 3-month trough

2017-04-11 reuters
LONDON, April 11 Copper hit a one-week low on Tuesday as the world's top two copper mines continue to recover from recent disruptions, while zinc plumbed a new three-month trough.

Philippines allows suspended miners to ship out nickel ore after clampdown

2017-03-24 theedgemarkets
MANILA (March 24): The Philippines' environment ministry has allowed eight suspended nickel ore miners to ship out stockpiles of mined ore, sources told Reuters, temporarily boosting supply from the world's top exporter of the raw metal after a major crackdown.

Exclusive - Philippines allows suspended miners to ship out nickel ore after clampdown

2017-03-24 in.reuters
MANILA The Philippines' environment ministry has allowed eight suspended nickel ore miners to ship out stockpiles of mined ore, sources told Reuters, temporarily boosting supply from the world's top exporter of the raw metal after a major crackdown.

Nickel Asia profit down

2017-03-15 philstar
MANILA, Philippines -  Nickel Asia Corp. saw a 3.4 percent drop in its 2016 net income owing to lower nickel prices and sales volume.

Mining firms call for full disclosure of audit results

2017-02-14 newsinfo.inquirer.net
DENR Sec. Gina Lopez with a copy of the DENR Mine Audit Report during a press briefing on Mineral Production Sharing Agreement. INQUIRER PHOTO/LYN RILLON

Gina Lopez scraps 75 mine contracts

2017-02-14 newsinfo.inquirer.net
OPERATIONS SUSPENDEDEnvironment Secretary Gina Lopez has ordered the suspension of operations in this mining area of Lepanto Consolidated Mining Co. in Mankayan, Benguet. —RICHARD BALONGLONG

Philippine environment minister doubles down on mining crackdown

2017-02-14 channelnewsasia
MANILA: The Philippines' environment minister stepped up a crackdown on mining on Tuesday (Feb 14), cancelling almost a third of the country's contracts for undeveloped mines and rejecting any challenges to earlier orders to shut over half of all operating pits.