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 […]
FNI 2023 Annual Stockholders Meeting
July 5, 2023
Ipilan Nickel Corp. 1m shipment thanksgiving
June 21, 2023A million thanks to INC management, our employees, partners from the government and private sectors, IPs and other stakeholders in the community . This milestone means, more jobs, more progress and development for the community and the government. #IpilanNickelCares #MineResponsibility #SustainableDevelopment #1MillionWMT
FNI revenues up 28 times, reports a net income in the first quarter for the first time
May 15, 2023Global Ferronickel Holdings, Inc. (PSE: FNI)achieved Q1 2023 revenues of ₱1.1 billion and net income of ₱358.8 million, turning a first quarter profit for the first time in the company’s history. Earnings per share on net income attributable to equity holders of the company came in at ₱0.0296 compared to a loss of ₱0.0375 in the same period […]
FNI reports 2022 net income of ₱2.2 billion and provides update on strategy
March 24, 2023Global Ferronickel Holdings, Inc. (PSE: FNI) delivered resilient financial results and key operating achievements in 2022, with net income growing 9% to ₱2.2 billion and earnings before interest, taxes, depreciation, and amortization (EBITDA) margin expanding to 48% from 39% in the previous year. “Our performance during the year showed our Company’s ability to evolve and […]
FNI raises stake in Mariveles port to 88%
February 9, 2023Global Ferronickel Holdings Inc. (FNI) is investing an additional P192 million to acquire another 24 percent shareholding in Mariveles Harbor Corporation (MHC) by March 10, 2023. After acquiring the additional stake from Seasia Logistics Philippines, Inc., FNI will own 88 percent of MHC. This will give FNI more control on the operation of the port. […]
PGMC bags Presidential award for surface mining
January 17, 2023Platinum Group Metals Corporation (PGMC) pursues its primary goal to positively impact communities while fostering significant economic growth. Through the years, the company has been upholding the principles that enable a safe and sustainable mining industry with respect to energy efficiency, waste minimization, and environmental protection. Being conferred the Presidential Award in this year’s Presidential […]