Atlas Consolidated Mining and Development Corporation (“Atlas Mining) completed the first quarter of the year 2023 with a reported net income of Php264 million from Php 1.22 billion for same period in 2022. The lower income was mainly due to lower grade and milling tonnage as well as a non-recurring non cash gain booked in
Stakeholders and investors of the Company will be pleased to know that the 2022 financial update shows sustained strong positive result. Financial Standing Pegged at P553 Million, the Consolidated Net Income for the Second Quarter of 2022 is almost doubled at 83% compared to P303 Million for the same period of 2021. By end of
Global Ferronickel Holdings, Inc. (FNI) recorded a consolidated net income of ₱417.4 million for the period ended June 30, 2022. The results are driven by the April to June mining operations of Platinum Group Metals Corporation (PGMC) in Surigao del Norte, with incremental contributions from PGMC International Limited (PIL), a wholly-owned subsidiary established to facilitate
The all-Filipino gold producer writes a strong “finis” to the second quarter and makes big strides in the social sphere of its ESG initiatives. Apex Mining’s total revenue for the second quarter of 2022 reached PHP2.537 billion, 65% higher year over year (YoY). This pegs the resulting consolidated net income after tax of the company
