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News and Events

Despite Industry Woes, Mining Tycoons Walter Brown and Philip Ang Return to Forbes PH Rich List This Year

The two businessmen are worth $160 million and $120 million, respectively

No other industry has seen more shakeups in the past 12 months than the mining sector.This is due in large part to former secretary of the Department of Energy and Natural Resources (DENR) Gina Lopez. Under her leadership, the DENR suspended 23 ...

by Lorenzo Kyle Subido  | September 05, 2017 11:00:00
News and Events

Typhoon Gina: How PH Mining Stocks Fared under the Feisty DENR Chief

Gina Lopez’s moves against the industry triggered wild swings in stock prices but not a free fall

When news broke that the powerful Commission on Appointment (CA) rejected the appointment of Gina Lopez as Department of Environment and Natural Resources (DENR) secretary last May 3, the reaction from investors in mining stocks was instantaneous.After trading listlessly from morning to ...

by Pauline Macaraeg  | May 04, 2017 06:00:00
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