News



Platinum Group Metals Corporation temporarily suspends operations

In 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

Platinum 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.





Global Ferronickel Holdings, Inc. 1H2019 Net Income soars more than 25x to P105.3Mn

Global Ferronickel Holdings, Inc. (PSE: FNI), the second largest Nickel ore exporter in the country, increased its net income by more than 25x to Php 105.3 million for the first half of 2019 as against the Php 4.0 million it recorded in the same period last year. Revenue grew by 24.1% year-on-year to Php 1,774.8Mn from Php 1,430.6Mn in 1H2018.