Global Ferronickel Holdings, Inc. net income up 43% to P1.86B in 2020
April 16, 2021Revenues are up 9.1% to Php7.26B in 2020 as against Php6.65B in 2019.
Global Ferronickel Holdings, Inc. sets target of 6 million WMT for 2021
April 7, 2021Global Ferronickel Holdings, Inc. (FNI), the second- largest nickel producer in the country, announces that its operating arm in Surigao del Norte, Platinum Group Metals Corporation (PGMC), commenced shipment of nickel ore to its customers in China on March 29, 2021.
Platinum Group Metals Corporation ore reserves up 37% to 59.45 Million WMT
January 5, 2021Global Ferronickel Holdings, Inc. (FNI) today announces proven and probable ore reserves of 59.45 million wet metric tonnes at 1.14% Ni and 30.50% Fe as of October 15, 2020 for Platinum Group Metals Corporation Cagdianao Nickel Expansion Project.
Global Ferronickel Holdings, Inc.’s net income up 93% to P1.56 billion in the first three quarters of 2020
November 13, 2020lobal Ferronickel Holdings, Inc. (FNI), the country’s second-largest nickel ore producer, today announced its financial and operating results for the nine months ended September 30, 2020.
Global Ferronickel Holdings, Inc.’s annual supply agreement with Baosteel Resources expands to 1.3 million WMT for 2021
November 11, 2020Global Ferronickel Holdings, Inc. (FNI), through its operating arm in Surigao del Norte Platinum Group Metals Corporation (PGMC), recently signed an Annual Purchase Agreement with Baosteel Resources International Co. Ltd for the supply of 1.3 million WMT of nickel ore during the 2021 mining season. This represents a 30% increase from this year’s supply contract covering 1 million WMT.
Global Ferronickel Holdings, Inc. to begin construction of steel rebar plant in Q1 2021
October 19, 2020The construction of the $50M Rebar Steel Rolling Plant in Mariveles, Bataan of Global Ferronickel Holdings, Inc. (FNI), the country’s second-largest nickel ore producer, is scheduled to commence in the first quarter of 2021.
Global Ferronickel Holdings, Inc.’s H1 net income up 86% to Php195.8 million
August 14, 2020Global Ferronickel Holdings, Inc. (FNI), the country’s second-largest nickel ore producer, recorded H1 net income of P195.8 million against the P105.5 million it posted during the same period last year.
Global Ferronickel Holdings, Inc.’s net income more than doubles to P1.303 billion in 2019
June 30, 2020Global Ferronickel Holdings, Inc. (FNI), the country’s second-largest nickel ore producer, announced today a net income of ₱1.303 billion for 2019 as against the ₱509 million it posted the previous year.
Platinum Group Metals Corporation temporarily suspends operations
April 8, 2020In compliance with the policy directions of local government units and to allay growing concerns with the spread of COVID-19 in the country, Platinum Group Metals Corporation (PGMC), the operating arm of Global Ferronickel Holdings, Inc. (FNI), has decided to temporarily suspend operations in its Cagdianao site effective immediately.
Platinum Group Metals Corporation appeals to continue operations amid quarantine protocols
April 1, 2020Platinum Group Metals Corporation (PGMC), the operating arm of Global Ferronickel Holdings, Inc. (FNI), has filed an appeal to the Office of the Governor of Surigao del Norte and the Office of the Municipal Mayor of Claver to exempt it from the ordered temporary closure of mining activities particularly the loading of ores to foreign vessels that are already on-site.