Company Overview and News

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In Gina Lopez aftermath, mining firms still shedding ‘evil’ image

2018-07-20 business.inquirer.net
In his last State of the Nation Address (Sona), President Duterte said he wanted to stop exporting mineral resources and close the mining sector for good unless firms rehabilitate areas where they operate.
MRCVF NIKAY NIKL MARC

19
Contractualization issue worries market

2018-05-29 business.inquirer.net
The local stock barometer yesterday sagged for the third trading session as foreign funds continued to flow out of the local bourse while labor woes further dampened sentiment.
SVTMF PSKXF NIKL NOW AYAAY JBFCY SM NIKAY SMIVY JBFCF JFC PHSXY PSE DNOW ALI AYAAF

2
DoLE flags 20 firms in labor-only contracting

2018-05-28 bworldonline
THE DEPARTMENT of Labor and Employment (DoLE), in a press briefing on Monday, disclosed a list of “companies engaged and suspected to be engaged in labor-only contracting,” as the list distributed to the media was titled.
NIKAY NIKL

2
Nickel Asia Q1 net up 53%

2018-05-04 business.inquirer.net
Nickel Asia Corp. (NAC) has reported a 53-percent increase in its net income in the first quarter to P576 million from P377.5 million a year ago.
NIKAY NIKL

31
Nickel Fundamentals Come Back To The Fore

2018-04-30 agmetalminer
As my colleague Fouad Egbaria wrote last week, the U.S. administration's relaxation of the timescale for implementation of sanctions against Rusal has had the effect of taking the panic out of the market. As a result, prices have fallen for several days, not just for aluminum but for other metals that the market feared could face the same threat - most notably nickel, in which Russian oligarch Oleg Deripaska has an interest.
NIKAY VALE BLT NIKL BHP BHPBF BBL BHP BHPLF

5
Global Ferronickel CEO says planned mining curbs may hit output this year

2018-04-25 bworldonline
MANILA — The Philippines’ second-biggest nickel miner, Global Ferronickel Holdings, Inc., said planned government curbs on mining may hit its long-term output and would force it to make adjustments to meet its 2018 shipment goals.
NIKAY NIKL SUAFF FNI

2
Nickel Asia keeps sales guidance despite gov’t curbs

2018-04-24 bworldonline
MANILA — The Philippines’ top nickel ore producer, Nickel Asia Corp., said its export plans in 2018 remain unchanged despite government plans to limit mining areas.
NIKAY NIKL SUAFF FNI

2
METALS-Aluminium extends price fall on U.S. sanctions reprieve

2018-04-24 reuters
LONDON, April 24 (Reuters) - Aluminium hit its lowest in nearly two weeks on Tuesday, extending declines from the previous day after Washington gave U.S. companies more time to comply with sanctions on Russian producer Rusal and hinted at further sanctions relief.
NIKAY NIKL

2
Nickel Asia says proposed DENR mining limit will not affect production volume

2018-04-24 bworldonline
Listed firm Nickel Asia Corp. (NAC) said that the government’s proposal to prescribe a limit to mining areas will not affect its production.
NIKAY NIKL

3
After crackdown, gov’t plans new mining curbs

2018-04-23 bworldonline
THE GOVERNMENT is planning to limit the amount of land that miners can develop at any one time to boost environmental rehabilitation, a move that miners say may cut output of nickel ore in last year’s top supplier to China.
NIKAY NIKL SUAFF FNI

2
Exclusive: After crackdown, Philippines plans fresh mining curbs - Channel NewsAsia

2018-04-23 channelnewsasia
The Philippines is planning to limit the amount of land that miners can develop at any one time to boost environmental rehabilitation, a move that miners say may cut output of nickel ore in last year's top supplier to China.
NIKAY NIKL SUAFF FNI

7
Nickel Asia says value of nickel ore shipments drops in Q1

2018-04-17 bworldonline
LISTED Nickel Asia Corp. on Tuesday said the value of nickel ore shipments fell in the first quarter as prices weakened after Indonesia relaxed its export ban in January.
NIKAY PSKXF NIKL PHSXY PSE

3
PH miners face stiffer competition in world market

2018-03-28 business.inquirer.net
The local mining sector is expecting a tougher business environment this year as the return of Indonesia to the international market is seen to pose stiff competition, said the chief of the Chamber of Mines of the Philippines (COMP).
MRCVF NIKAY NIKL MARC

5
Time To Buy Some Nickel Miners

2018-03-16 seekingalpha
The nickel miner fundamentals are steadily improving, with demand likely to strengthen post 2020 due to the EV boom.
PSDNF NIKL GLCNF AVQ SHERF CZI POS NIKAY HIG RNX GLEN HLPCF CSSQF LNZCF AXNNF

3
Nickel Asia net income up 41% on improved prices

2018-03-14 bworldonline
NICKEL ASIA Corp. on Wednesday said that its net income went up by nearly 41% to P2.77 billion in 2017, driven by improved nickel and cobalt prices.
NIKAY NIKL

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