Platinum Group Metals Corporation offers assistance to earthquake victims in Surigao
Company reports business as usual as mine site unaffected by the earthquake Surigao del Norte, Philippines/February 14, 2017. Platinum Group Metals Corporation (PGMC), a subsidiary of Global Ferronickel Holdings, Inc. (FNI), immediately dispatched its Disaster Response Team to provide emergency assistance to local residents affected by the magnitude-6.7 earthquake that recently struck the province of… Read More >>
Global Ferronickel Holdings, Inc. denies allegations of environmental violations
Records show allegations against Platinum Group Metals Corporation have no factual basis Manila, Philippines/February 6, 2017. The operations of Platinum Group Metals Corporation (PGMC) are not in violation of any laws, rules or regulations, and the allegations against the company have no factual basis. The company has likewise not received any official communication from the… Read More >>
Global Ferronickel Holdings, Inc. seeking clarification from the DENR
Platinum Development Corporation is not a Subsidiary Manila, Philippines/February 3, 2017. Global Ferronickel Holdings, Inc. (FNI) is seeking clarification from the Department of Environment and Natural Resources (DENR) following news reports of Platinum Group Metals Corporation (PGMC) being included in the list of companies recommended for closure. FNI immediately contacted the office of Sec. Gina… Read More >>
Global Ferronickel Holdings, Inc. and China's Baiyin Nonferrous Group Co. Ltd. sign deal for strategic cooperation (October 21, 2016)
Beijing, China/October 20, 2016. Global Ferronickel Holdings. ("FNI"), the second largest nickel producer in the Philippines and the largest single lateritic mine exporter in the world. announced today that it has signed a Memorandum of Cooperation (the "MoC") with China State-owned Enterprise, Baiyin Nonferrous Group Co., Ltd. ("Baiyn"), during President Rodrigo Duterte's state visit to… Read More >>
Global Ferronickel plans $25-M expansion of Palawan mine
Source: http://news.abs-cbn.com MANILA – Global Ferronickel Holdings Inc. is spending $25 million to boost the capacity of its Ipilan mine in Palawan province, its president said Tuesday. The country’s third largest producer of nickel ore said it was planning to boost capacity to 3 to 4 million metric tons from 1.5 million in within the… Read More >>
Result mining firms audit DENR
ENVIRONMENTAL PROTECTION. Environment Secretary Gina Lopez gives a briefing at the Department of Environment and Natural Resources (DENR) office. File photo by Joel Liporada/Rappler ‪MANILA, Philippines (UPDATED) – The Department of Environment and Natural Resources (DENR) announced on Tuesday, September 27, that it has recommended the suspension of 20 mining firms following the completion of… Read More >>
GFNI says fund managers concerned over DENR crackdown vs mining firms (August 30, 2016)
INTERNATIONAL fund managers are still keen on the Philippine nickel mining sector, but the government’s crackdown against mining companies is a cause of concern, according to Global Ferronickel Holdings, Inc. (GFNI). In a statement, GFNI said its executives recently met fund managers in Singapore who have “expressed an interest” in the nickel mining sector in… Read More >>
More foreign investors express interest in nickel mining in Philippines (August 29, 2016)
By: Lilybeth G. Ison, Philippines News Agency MANILA, Philippines -- Global Ferronickel Holdings Inc. (FNI), the second largest nickel producer in the country and the largest single lateritic mine exporter in the world, on Monday said more foreign investors have expressed interest in the nickel mining sector in the Philippines. The Philippines is the largest… Read More >>
Global Ferronickel incurs P281.9-M net loss in first half (August 17, 2016)
MANILA - Global Ferronickel Holdings Inc. said Wednesday it swung to a net loss of P281.9 million in the first six months the year as volumes shrank due to bad weather and the company's decision to withhold higher-grade shipments. The country's second largest nickel producer incurred a net loss of P97.9 million in the second… Read More >>
Global Ferronickel swings to loss in Q2 (August 16, 2016)
LISTED Global Ferronickel Holdings, Inc. recorded a net loss in the second quarter, on lower volumes due to bad weather and the company’s decision to withhold shipments in anticipation of higher prices in the second half. n a disclosure to the stock exchange, the country’s second largest nickel miner by output said it incurred a… Read More >>
STOCK QUOTES PSE: FNI (As of Apr 28, 2017) OPEN: 0.00 HIGH: 0.00 LOW: 0.00 CLOSE: 0.00 CHANGE: 0.00 (0.00%) VOLUME: 0