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23 Nov
02:25

Global Ferronickel boosts net income despite lower sales

Philippines-listed mining firm Global Ferronickel has recorded a net income of PHP 2.13 billion ($37.21 million) in the nine-month period that ended 30 September, 2022, compared to the PHP 1.86 billion it posted during the same period last year, Kallanish notes. The results are driven by the Group’s flagship mining project in Surigao del Norte operated by Platinum Group Metals Corporation (PGMC). The group's revenues on the sale of medium-grade nic…
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