MANILA, March 12 (Reuters): About 12 new metallic mines in the Philippines should begin commercial operations this year, mostly nickel projects, adding to a "bright" outlook for a sector enjoying cash windfall from high prices, the local industry regulator has announced.
The Mines and Geosciences Bureau also said in a report the Philippines' nickel output last year totalled 386,359 tonnes, 17% higher than the previous year's production and the highest in six years.
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!