PGMC Deploys Mobile Clinic for TB Screening in Caraga
August 16, 2024Platinum Group Metals Corporation (PGMC), through a partnership with the Alay Buhay Community Development Foundation, Inc., deploys a mobile clinic to support Tuberculosis (TB) screening in Region 13 (Caraga), in response to the urgent need for increased assessment and intervention as cases rise all over the country. Through a Memorandum of Agreement (MOA) defining its […]
FNI reports strong half-year operational and cost performance
August 8, 2024August 8, 2024 – Global Ferronickel Holdings, Inc. (PSE: FNI), a leading nickel ore producer in the Philippines, reported first half 2024 revenues of ₱3.079 billion, net income attributable to shareholders of ₱207.1 million, and earnings per share of ₱0.0404. “We finished the first half of the year with strong operational and cost performance,” FNI […]
FNI 2024 Annual Stockholders Meeting
June 26, 2024
FNI 1Q 2024 results reflect subdued nickel prices
May 16, 2024May 15, 2024 – Global Ferronickel Holdings, Inc. (PSE: FNI), a leading nickel ore producer in the Philippines, reported first quarter 2024 revenues of ₱589.9 million, net income attributable to shareholders of ₱10.6 million, and earnings per share (EPS) of ₱0.0021. Mining revenues were ₱586.2 million, down 47.4% from ₱1.1 billion in the prior […]
FNI delivers solid 2023 financials with strong growth in revenues and operations
March 18, 2024March 18, 2024 – Global Ferronickel Holdings, Inc. (PSE: FNI), a leading nickel ore producer in thePhilippines, reported revenues of ₱8.8 billion in 2023, operating income of ₱2.8 billion, net incomeattributable to shareholders of ₱1.5 billion, and earnings per share (EPS) of ₱0.3022. The 30.5% year-over-year increase in revenues to ₱8.8 billion was largely driven […]
FNI mining units sign annual sale and purchase agreement with Baosteel
December 29, 2023Ends 2023 with 4.76 million WMT shipped volume December 29, 2023 – Global Ferronickel Holdings, Inc. (PSE: FNI) announced today that its subsidiaries, Platinum Group Metals Corporation (PGMC) and Ipilan Nickel Corporation (Ipilan), have signed an annual sale and purchase agreement with Baosteel Resources International Co., Ltd. (Baosteel). Under the agreement, Baosteel would purchase up […]
FNI Palawan mine fuels nine-month results
November 13, 2023November 9, 2023 – Global Ferronickel Holdings, Inc. (PSE: FNI) reported financial results for the nine months of 2023 with consolidated revenues of ₱6.8 billion, operating income of ₱1.8 billion, net income attributable to shareholders of ₱1.5 billion, and earnings per share of ₱0.3021. Consolidated revenues rose 33.1% year-over-year to ₱6.8 billion due mainly to […]
PGMC Celebrates it’s 17th Anniversary
September 18, 202317 years of strengthening the foundations of sustainable development and innovation! Having built a solid business reputation on a par with its investment in employees’ health, safety, and development, PGMC was able to bring aboard a team of highly energetic, self-motivated, and productive workforce that continuously grew with the company.
IPILAN NICKEL CORPORATION Urges NCIP to Revoke Cease and Desist Order
August 14, 2023August 14, 2023/Parañaque City – Ipilan Nickel Corporation (INC) urgently calls on Chairperson Allen A. Capuyan of the National Commission on Indigenous Peoples (NCIP) for the swift withdrawal of the Cease and Desist Order (CDO) recently issued by NCIP-MIMAROPA. The company expresses its deep concern over the immediate issuance of the CDO by the Regional […]
FNI revenue rises 41% in 1H 2023Net financial result reflects macroeconomic and weather challenges
August 9, 2023August 9, 2023 – Global Ferronickel Holdings, Inc. (PSE: FNI) reported consolidated revenues of ₱3.1 billion for the first six months of 2023, up 41.2% from ₱2.2 billion in the prior-year period. Strong volumes and higher-grade ores at Palawan mine were the main drivers of growth, partially offset by weaker prices and lower-than-average volumes at […]