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The Consunji family plans to inject its 10-percent stake in Tampakan, the country’s largest gold and copper mine in South Cotabato, into its listed holding company.
The Sy family, the majority shareholder in the Tampakan project, was reportedly planning to get a foreign investor to invest in the project. BNC and ZDMC extract nickel ore, chromite and iron laterite using safe and low-cost surface mining techniques.DMCI Mining swung to a P65-million net loss in the first half of 2024 from a P723-million income last year as a result of weak market prices, reduced shipments and costs incurred at its Palawan mine.
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