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Mining firms join rescue, relief operations in Davao de Oro

LRWC to raise funds via private placement

Gaming firm Leisure and Resorts World Corp. (LRWC) on Tuesday said it will raise some P1.85 billion from private placement. A special stockholders’ meeting was set on November 24, in which the company obtained the approval of the issuance of 691.2 million common shares for a new round of private…

FNI buys 20% of Chinese nickel alloy producer

Global Ferronickel Holdings, Inc. (FNI), a diversified nickel mining firm with interests in logistics, cement and steel production, and port operations, has acquired a 20 percent stake in China’s Guangdong Century Tsingshan Nickel Industry Co., Ltd. (GCTN). In a disclosure to the Philippine Stock

FNI s affiliate makes first shipment from Palawan

Ipilan Nickel Corporation (INC), an affiliate of Global Ferronickel Holdings, Inc. (FNI), has successfully completed its maiden shipment of ore from its mine site in Brooke’s Point, Palawan for export to China. In a disclosure to the Philippine Stock Exchange, FNI said 54,700 wet metric tons of me

The 31st MinBizCon, the biggest area business conference in Mindanao, resumes face-to-face meeting

The 31st MinBizCon, the biggest area business conference in Mindanao, resumes face-to-face meeting
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