Philippines Mining And Oil Sector Stocks

Nickel Asia Corporation (NIKL) was incorporated on July 24, 2008 with the Securities and Exchange Commission primarily to engage in the business of mining of all kinds of ore, metals, and minerals and in the business of generation, transmission, distribution and supply of electricity to cities and other localities. The Company owns four mines operated by its subsidiaries: the Rio Tuba mine in Palawan operated by Rio Tuba Nickel Mining Corporation; the Taganito mine operated by Taganito Mining Corporation and the Tagana-an mine in operated by Hinatuan Mining Corporation, both in Surigao del Norte; and the Cagdianao mine in Dinagat Islands operated by Cagdianao Mining Corporation.NIKL has other properties in various stages of exploration for nickel, while continuing to seek opportunities in copper and gold. The Company also exports saprolite and limonite ore to customers in Japan and China. NIKL's other wholly-owned subsidiaries include La Costa Shipping and Lighterage Corporation; Dinapigue Mining Corporation; and Samar Nickel Mining Resources Corporation. The Company also owns 86.29% of Emerging Power, Inc., which has solar, wind, and geothermal service contracts.Source: SEC Form 17-A (2019)

Philex Mining Corporation (PX) was incorporated on July 19, 1955 to primarily engage in mining activities. The Company and its subsidiaries are organized into two main business groupings: the mining business under the PX, Philex Gold Philippines, Inc. (PGPI) and Silangan Mindanao Mining Co., Inc. (SMMCI), and the energy and hydrocarbon business under PXP Energy Corporation but not until July 15, 2016, when PXP and its subsidiaries ceased to be subsidiaries of PX as a result of loss on control through property dividend declaration. Currently, the group focuses on its core mining business.PX and its subsidiaries are primarily engaged in large-scale exploration, development, and utilization of mineral resources. The Company operates the Padcal mine for the past 60 years using the underground block-cave method. It is one of the longest operating mines in the country and produces copper concentrates, containing copper, gold and silver. PGPI operated the Bulawan mine in Negros Occidental until the second quarter of 2002. Silangan Mindanao Exploration Co., Inc., through SMMCI, owns the Silangan project covering the Boyongan and Bayugo deposits in Surigao del Norte. Source: SEC Form 17-A (2019)

Apex Mining Company, Inc. (APX) was incorporated on February 26, 1970 primarily to carry on the business of mining, milling, concentrating, converting, smelting, treating, preparing for market, manufacturing, buying, selling, exchanging and otherwise producing and dealing in gold, silver, copper, lead, zinc brass, iron, steel and all kinds of ores, metals and minerals. The Company's operation is situated in Maco, Compostela Valley.The Company's mine produces bullions containing gold and silver. All of its production, as well as the incidental production of its wholly-owned subsidiary, Itogon-Suyoc Resources, Inc. (ISRI), were smelted and refined by Heraeus Ltd. in Hong Kong. APX obtained full ownership of ISRI in August 2016. ISRI owns the mill and production facilities of the Sangilo and Suyoc mines in Itogon, Benguet.In October 2014, APX acquired 100% ownership of Monte Oro Resources & Energy, Inc. (MOREI), and Prime Metroline Holdings, Inc. and other MOREI shareholders used the proceeds of the sale of their shares in MOREI to subscribe to new shares in the Company and in the process acquire control of the Company, diluting to a small minority the ownership of Mindanao Gold Ltd. and Mapula Creek Gold Corporation.Source: SEC Form 17-A (2019)

Atlas Consolidated Mining & Development Corporation (AT) was incorporated as Masbate Consolidated Mining Company, Inc. on March 9, 1935 as a result of the merger of assets and equities of three pre-war mining companies, namely, Masbate Consolidated Mining Company Inc., Antamok Goldfields Mining Company, and IXL Mining Company. Thereafter, AT amended its articles of incorporation to reflect the present corporate name.AT's significant subsidiary is Carmen Copper Corporation (CCC), which is engaged in metallic mining and mineral exploration and development. CCC, as the operator of the Company's copper mines in the city of Toledo, Cebu, primarily produces and exports copper metal in concentrate, and gold and silver as the principal by-products. CCC is also pursuing the development and commercial production of other marketable by-products such as pyrite, magnetite and molybdenum. CCC exports 100% of the copper it produces to smelters in China and South Korea. AT and its subsidiaries own and/or hold operating rights to several mining claims which are covered by Mineral Production Sharing Agreements (MPSA), Applications for MPSA, and or Exploration Permit Applications. The Company currently has three approved mineral production sharing agreements in Cebu, and one in Palawan.Source: SEC from 17-A (2019)

Atok-Big Wedge Company, Inc. (AB), formerly Atok-Big Wedge Mining Co., Inc., was incorporated and registered with the Securities and Exchange Commission (SEC) on September 4, 1931. Since its incorporation, the Company engaged in mining as its primary purpose, producing gold as its major product and silver as a by-product. Its production was all sold to the Central Bank of the Philippines at a price subsidized by the Philippine Government, and later on at the prevailing world market price.Although AB's changed its primary purpose in 1996 from mining to general investment, the Company reverted to its original purpose of engaging in exploration and development of mining, oil, gas, and other natural resources, which the SEC approved on May 24, 2010. The Company has two wholly-owned subsidiaries namely, AB Stock Transfers Corporation with the purpose of establishing, operating and acting as a transfer agent and/or registrar of corporations; and Tidemark Holdings Limited, a Hong Kong-based company that holds 20% of gas and oil exploration and production company Forum Energy plc. Source: SEC Form 17-A (2019)

Century Peak Holdings Corporation (CPM), formerly Century Peak Metals Holdings Corporation, was registered with the Securities and Exchange Commission (SEC) on December 30, 2003. CPM's primary purpose is to promote, operate, manage, hold, acquire or invest in corporations or entities that are engaged in mining activities or mining-related activities. The Company further expanded its primary purpose by including investing in real estate development and energy, which the SEC approved on March 18, 2010. On November 11, 2019, the SEC approved the change in the Company's corporate name to the present one to reflect the inclusion of a secondary purpose in its articles of incorporation. CPM's secondary purpose is to engage in and carry on general construction and construction-related activities, land reclamation and development activities, real estate development or any real estate activities, mining activities and mining related activities, power and energy activities and power and energy related activities in the Philippines.The Company has five direct subsidiaries, the wholly-owned subsidiaries Century Peak Corporation, Century Peak Cement Manufacturing Corporation and Century Peak Mineral Development Corporation; a 60%-owned subsidiary Century Sidewide Smelting Incorporated; and a 55%-owned subsidiary, Century Hua Guang Smelting Incorporated. Source: SEC Form 17-A (2019)/Disc. Nos. 8277/8278-2019

Global Ferronickel Holdings, Inc. (FNI) was founded on May 3, 1994 as Southeast Asia Cement Holdings, Inc. On December 22, 2014, the Securities and Exchange Commission approved its present corporate name.FNI is a holding company with principal business interests in mineral resource exploration, mining and exporting of nickel ore. Its mineral property comprises 4,376 hectares in Sitio Kinalablaban, Brgy. Cagdianao Claver, Surigao del Norte, Philippines and is covered by Mineral Production Sharing Agreement No. 007-92-X for a period of 25 years until February 14, 2042. FNI produces two types of nickel ore, namely saprolite and limonite, which can be blended into six product categories.FNI's subsidiaries are Platinum Group Metals Corporation, Surigao Integrated Resources Corporation, PGMC-CNEP Shipping Services Corp., PGMC International Limited, FNI Steel Corporation and FNI Steel Landholdings Corporation.Source: SEC Form 17-A (2019)

PXP Energy Corporation (PXP), formerly Philex Petroleum Corporation, was incorporated on December 27, 2007. PXP's primary business is the exploration and production of crude oil and natural gas, through interests in petroleum contracts and holdings in resource development companies with interests in petroleum service contracts (SC). On August 8, 2016, the Securities and Exchange Commission approved the change in name to the present one.The Company's direct interest in Philippine petroleum service contracts includes a 50% operating interest in SC 75; a 70% operating interest in SC 74; and a 5.56% interest SC 6A Octon; all located in the Northwest Palawan.PXP has interests in various petroleum SCs in the Philippines and Peru held directly and through a 53.43% interest in Pitkin Petroleum Limited (PPL) and 72.18% interest Forum Energy Limited (FEP). PPL is an international upstream oil and gas company registered in the United Kingdom with operations in Peru. PPL has a 25% participating interest in Peru Block Z-38 located in offshore Tumbes Basin. FEP, meanwhile, has a 70% operating interest in SC 72 Recto Bank which covers the Sampaguita natural gas discovery in offshore West Palawan; 100% operating interest in SC 40 North Cebu; and minority interests in the SC 6 and SC 14 sub-blocks in offshore Northwest Palawan, including a 2.27% interest in the producing Galoc field. The Company owns 100% of Brixton Energy & Mining Corporation (BEMC), a coal mining company which operated coal operating contract (COC) 130 in Zamboanga Sibugay in Mindanao until September 2013. On January 6, 2014, BEMC finalized agreements for the assignment of COC 130 to Grace Coal Mining and Development, Inc. which was approved by the Department of Energy on May 27, 2015.Source: SEC Form 17-A (2019)

Lepanto Consolidated Mining Company (LC) was incorporated on September 8, 1936 primarily to engage in the exploration and mining of gold, silver, copper, lead, zinc, and all kinds of ores, metals, minerals, oil, gas, and coal and their related by-products. Until 1997, LC was operating an enargite copper mine located in Mankayan, Benguet. LC shifted to gold bullion production in 1997 through its Victoria project and resumed copper operations in the fourth quarter of 2017. LC produces gold dore and gold-copper concentrates.LC's subsidiaries are Shipside, Inc.; Diamond Drilling Corporation of the Philippines; Lepanto Investment and Development Corporation (LIDC); and Far Southeast Gold Resources, Inc. Through LIDC, the Company owns 25% of Diamant Manufacturing and Trading Corporation, a manufacturer of industrial diamond tools for mining exploration, marble cutting and the construction industry. Source: SEC Form 17-A (2019)

Marcventures Holdings, Inc. (MARC), formerly AJO.net Holdings, Inc., was incorporated on August 7, 1957 as a holding firm. On March 30, 2010, the Securities and Exchange Commission (SEC) approved the change in name to the present one, and further approved the Company's change in primary purpose to include land ownership. The Company, through wholly-owned subsidiary, Marcventures Mining & Development Corporation (MMDC), holds a Mineral Production Sharing Agreement covering an area of 4,799 hectares located in Cantilan, Surigao del Sur. To date, the Company has done exploration work on 1,659 hectares and has performed mining operations on 197 hectares on the above MPSA covered area. MMDC's main product is nickel ore, with all of its nickel ore productions exported to China.On December 29, 2017, the SEC approved the merger of MARC with Asia Pilot Mining Philippines Corp. and BrightGreen Resources Holdings, Inc. with MARC as surviving entity. The merger gave the Company three additional mining claims covering areas in Samar and Surigao del Sur.The Company's other subsidiaries include BrightGreen Resources Corporation, Alumina Mining Philippines Inc., and Bauxite Resources Inc. Source: SEC Form 17-A (2019)