Philex Mining Corp. continues to look for investors that with at least $200 million to fund a significant ramp up ore production at its Silangan project in Mindanao scheduled to start producing gold and copper in the first quarter of 2025, the president of the country’s largest gold and copper producer said Tuesday.
The government mandate for the National Food Authority (NFA) to increase its palay buying price may not matter much in terms of better retail price for the staple.
Finance Secretary Ralph G. Recto has directed newly appointed local government treasurers to serve as the country’s “first line of defense” in upholding fiscal governance at the local level.
Global Ferronickel Holdings Inc. (FNI) announced that its detained chairman, Joseph Sy, has secured another legal victory after a Taguig Regional Trial Court (RTC) granted his urgent motion for release despite ongoing deportation proceedings initiated by the Bureau of Immigration (BI).
The Philippine Geothermal Production Company, Inc. (PGPC) has launched an ambitious environmental initiative to plant over one million trees in seven provinces across Luzon over the next five years. The reforestation program will cover more than 1,200 hectares, targeting areas around PGPC’s geothermal steam fields.
The Department of Energy (DOE) expressed optimism for increased electric vehicle (EV) adoption following the release of a harmonized EV classification system set to take effect on September 20, 2025.