Monthly Archives: July 2017

Vale cuts FY Nickel production forecast

(26 July 2017) Vale’s nickel production declined in the second quarter of the year, by 7.7% compared to the previous quarter and by 16.1% from the second quarter of 2016. At the same time, production at other operations such as its Thompson complex in Canada, in New Caledonia and in Indonesia undershot expectations and as […]

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Global Ferronickel Holdings, Inc. on track to surpass 2016 volume of shipments

To date, the Company has shipped 32 vessels as against 19 vessels during the same period last year   Manila, Philippines (June 28, 2017). Global Ferronickel Holdings, Inc. (FNI), the second largest nickel ore producer in the Philippines and the largest single lateritic mine exporter in the world, announces that its subsidiary Platinum Group Metals […]

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Platinum Group Metals Corporation’s operations unaffected by Martial Law in Mindanao

Surigao del Norte, Philippines/May 24, 2017. Platinum Group Metals Corporation (PGMC), a subsidiary of Global Ferronickel Holdings, Inc. (FNI), reports that its business operations remain unhampered by the political crisis in Mindanao. Philippine President Rodrigo Duterte has declared martial law for a period of 60 days in Mindanao following clashes between government forces and the […]

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More long-term potential from batteries

(19 July 2017) France announced that it would ban sales of all petrol and diesel cars by 2040. Dutch bank ING stated it expected electric vehicles to have a lower cost of ownership than petrol or diesel models by 2024, leading it to predict vehicles in Europe to be fully battery electric by 2035. Under […]

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Cimatu Expedites ECC Issuance, Delegates Issuing Authority to EMB Execs

(06 July 2017) Environment Secretary Roy A. Cimatu has moved to fast-track the issuance of environmental compliance certificates (ECCs) by giving the authority to issue such permits back to the director and regional directors of the Environmental Management Bureau (EMB), a line bureau of the Department of Environment and Natural Resources (DENR). Read More>>

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STOCK QUOTES PSE: FNI (As of Sep 4, 2017) OPEN: 0.00 HIGH: 0.00 LOW: 0.00 CLOSE: 0.00 CHANGE: 0.00 (0.00%) VOLUME: 0