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Apex Mining Co. Inc. reported a 40% increase in consolidated net income in the first nine months of 2026, supported by higher realized gold and silver prices despite lower sales volumes caused by declining ore grades at its mining operations.
The listed mining company posted consolidated net income of P7.61 billion from January to September, up P2.16 billion from the P5.45 billion recorded in the same period last year.
Third-quarter net income reached P2.23 billion, a 3.43% increase from P2.15 billion a year earlier.
Apex Mining sold 65,691 ounces of gold in the first nine months, down 17%
President Ferdinand Marcos Jr. inaugurated a new section of the North Luzon Expressway (NLEX)-C5 Northlink project on Oct. 29, reducing travel time between Quezon City and Valenzuela City from 40 minutes to five minutes, while announcing a proposed P120-billion elevated road linking Balintawak and Bocaue, Bulacan.
The newly opened two-kilometer NLEX-C5 Northlink Segment 8.2 Section 1A connects Quirino Highway in Quezon City to the NLEX Mindanao Toll Plaza in Valenzuela City, providing motorists with an alternative route to major destinations in Metro Manila and Northern Luzon.
Marcos announc
On September 22, 2026, Australia and the Philippines announced the launch of a new bilateral partnership aimed at bolstering inclusive, sustainable economic growth across the archipelago. The “Promoting Growth, Resilience, Economic Stability and Sustainability in the Philippines” (PROGRESS) initiative will allocate PHP 2 billion (approximately AUD 45 million) over five years to fund reforms that streamline the ease of doing business, attract new investment, and expand trade.
The announcement was made at the International Finance Operations Office at the Department of Finance Build
The Philippines is not poor in minerals; it is poor in converting them into national value. Government and industry estimates place the country’s untapped mineral wealth at more than $1 trillion, a figure supported by a 2025 analysis by John P. Causey IV for Vantage FDI. This analysis ranks the archipelago among the world’s mineral heavyweights, placing it fourth globally in copper ore with roughly 4.41 billion tons and fifth in nickel with about 5.29 million tons. Beyond these primary reserves, the Philippines holds substantial potential in cobalt, gold, silver, and early-stage ra
Growing global energy needs and technological advancements are driving demand for mining. To keep pace with this growth, mining operators can adopt polymeric solutions to protect critical assets from wear, corrosion, abrasion, and other forms of damage, supporting operational continuity and stable supply chains.
Cold-Bonding Adhesives
Belzona cold-bonding adhesive materials are designed to restore and enhance structural integrity while avoiding invasive repair methods. Instead of using hot work, such as welding or riveting, cold-bonding adhesive materials enable solutions that re
CARAGA’S mining industry is looking beyond today’s challenges and toward the opportunities that will shape tomorrow’s mineral sector. This was the defining message of the 2026 Caraga Mining Summit, which brought together industry leaders, government officials, technical experts, professionals, and stakeholders in a collective call for mining anchored on integrity, innovation, responsibility, and resilience.
Held on October 1–3, 2026 in Surigao City, the Summit was organized by the Chamber of Mines of Caraga Region, Inc. (CMCRI) under the leadership of its Preside