July 27, 2017 3:52 PM ET

Metals and Mining

Company Overview of DMCI Mining Corporation

Company Overview

DMCI Mining Corporation offers exploration and mining of nickel, chromite, and iron laterite. The company was incorporated in 2007 and is based in Makati City, the Philippines. DMCI Mining Corporation operates as a subsidiary of DMCI Holdings, Inc.

3rd Floor

DMCI Homes Corporate Center

Apolinario St. Bangkal

Makati City,  1321

Philippines

Founded in 2007

Phone:

63 2 823 7963

Fax:

63 2 831 6241

Key Executives for DMCI Mining Corporation

DMCI Mining Corporation does not have any Key Executives recorded.

DMCI Mining Corporation Key Developments

DMCI Mining Confirms Capex Guidance for 2017

DMCI Mining confirmed capex guidance for 2017. For the year, the company earmarked PHP 8 million instead of the PHP 800 million capex budget reported.

DMCI Mining Corp. Lays Off over 300 Workers

DMCI Mining Corp. said it has laid off 343 workers in the first nine months of the year, after the suspension of its mining units in Palawan and Zambales. It reduced the number of its workers by 62% to 207 from 550. The figure does not include thousands of seasonal workers it hired during production ramp up.

DMCI Mining Reports Unaudited Earnings Results for the Nine Months Ended September 30, 2016

DMCI Mining reported unaudited earnings results for the nine months ended September 30, 2016. For the period, the company reported revenue of PHP 1,565 million compared to PHP 2,798 million a year ago. Net income after non-controlling interests was PHP 59 million compared to PHP 643 million a year ago.

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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