Sultan Mining and Energy Development Corp. (SMEDC) reported its Surigao del Sur coal mine has posted significant increase in sales volumes coal mine owing to a rising demand for the commodity, a company official said.
“For April alone, the production volume of 22,000 metric tons [increased] 120 percent from the previous month. It was also greater [...]

Petroleum Development Corp. late Monday reported its profit rose 2.5 percent in the fourth quarter as production grew sharply.
Net income for the three months through December increased to $8.2 million, or 55 cents per share, from $8 million, or 54 cents per share, a year earlier.
Analysts surveyed by Thomson Financial had expected the company to [...]

Atlas Consolidated Mining and Development Corp. said Monday its consolidated net income in 2006 declined to P47 million from P85.4 million a year earlier.
Income at parent level, however, was higher at P272 million on the back of retiring liabilities and market-to-market gain on restructured debt.
Alfredo Ramos, president and chairman of Atlas, said the company’s total [...]

Berong Nickel Corp., a unit of publicly-listed Atlas Consolidated Mining and Development Corp. is investing P1.2 billion to produce nickel in its Quezon, Palawan site.
Operations would start next month with total capacity of 1.47 million metric tons per year.
The project is a joint venture among Atlas, UK-based Toledo Mining Corp. plc (TMC) and Investika Ltd. [...]

Energy company Petroleum Development Corp. said Wednesday it received a notice from the Nasdaq Stock Market granting its request for a hearing before the exchange’s listing panel.
The company said it will present its plan for regaining compliance with Nasdaq’s filing regulations at the hearing on May 10.
Petroleum Development Corp. said it is in the process [...]

India’s iron ore exports are likely to rise to 100 million tonnes in the current financial year ending March from 90 million tonnes in the previous year, a top industry official said on Friday.
B. Ramesh Kumar, Chairman of the state-run National Mineral Development Corp., told a conference that production was likely to rise by 15 [...]

ATLAS Consolidated Mining and Development Corp. said it had made its first shipment of nickel ore to China, sending 19,000 metric tons from its Berong mines in the western province of Palawan.
“This is a trial phase. This is the first shipment of laterite nickel ore that departed from the Berong anchorage,” Atlas president Alfredo Ramos [...]

While many local business organizations have voted to support a $1.3 billion coal-fired power plant in northeast Waterloo, one local businessman says he’s withholding his support for the project until traffic and environmental questions are addressed to his satisfaction.
Bob Molinaro, president of Warren Transport Inc. and a member of the Waterloo Industrial Development Association board [...]

Franco Tito has fought small-scale gold diggers like himself for 20 years to keep control of a 100- meter mountain tunnel in the southern Philippines. Now he’s girding for battle against the world’s biggest mining companies.
“You can’t expect miners like us to give up to overseas investors our only source of livelihood,” said Tito, 49, [...]

THE mining industry expects to make a strong comeback this year driven by brisk investments, keen interest from major global players, higher commodity prices and more stable investment policies in place, a top industry official said.
“We’re off to a good start this year,” said Benjamin Philip Romualdez, president of the Chamber of Mines of the [...]