DMCI Mining’s profit shrinks on lower nickel grade, volume

DMCI Mining Corp. reported that its nine-month net income had dropped by 17 percent due to the decline in volume and average nickel grade sold. Net earnings of DMCI Mining, a unit of Consunji-led DMCI Holdings Inc., fell to P1.17 billion from P1.41 billion a year prior. Third quarter net income plunged by 56 percent … Continue reading DMCI Mining’s profit shrinks on lower nickel grade, volume