Wednesday, 08 October 2025, 12:57 pm

    Tag: Gold

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    Lepanto Mining profit soars on gold rally

    Lepanto Consolidated Mining Co. reported a dramatic increase in net income, reaching ₱659 million for the five-month period ending May, a significant leap from just ₱16 million in the same period last year. 

    Lower gold prices weighs down OceanaGold Philippines 1Q earnings

    OceanaGold (Philippines) Inc. reported a sharp drop in earnings during the first quarter, weighed down by lower gold prices.

    US markets plunge amid rising China trade tensions

    U.S. shares tumbled on Thursday as mounting trade tensions with China overshadowed initial relief from President Donald Trump’s earlier decision to delay higher tariffs on America’s trading partners.

    Trump signs aggressive tariff policy, escalates trade war

    US President Donald Trump signed an aggressive "Reciprocal Tariff" policy on Wednesday, escalating tensions and increasing the likelihood of a trade war that could slow global economic growth.

    Benguet Corp. expects better 2025 results after decline in 2024

    Benguet Corp. announced on Thursday that its audited financial statement for 2024 revealed a decline in net income to P436 million, down from P554 million in 2023. The drop was largely attributed to the mining company's debt settlement.

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    From scraps to supper: SM hotels close the loop

    At first glance, these are just like any other hotel kitchen: gleaming countertops, sizzling pans, chefs in crisp whites. But peek behind the swinging doors of several institutions of SM Hotels and Conventions Corp., and you will find something quietly revolutionary simmering—yesterday’s leftovers becoming tomorrow’s harvest.

    Mets cold storage shifts to RE with First Gen

    Mets Cold Storage Services, Inc. has signed a supply agreement with First Gen Corp. to shift its cold storage facility in Cagayan de Oro to renewable energy, marking a major move toward sustainable operations.

    Jobless rate slightly improves in August

    The Philippine Statistics Authority (PSA) on Tuesday reported a slight improvement in the country's labor market in August 2025, with the unemployment rate easing to 3.9 percent from 4 percent in the same month last year. 

    GSIS engages teachers, gov’t workers on pension concerns

    The Government Service Insurance System (GSIS), led by President and General Manager Wick Veloso, held a dialogue with the Action and Solidarity for the Empowerment of Teachers (ASSERT) and the Philippine Government Employees Association (PGEA) to discuss concerns affecting members and pensioners.

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