From a positive stand point of Php 165 Million in 2019, net income further rose to Php 530  Million in 2020 with Gross Revenues doubling at 100.8% from Php 1.43 Billion in 2019 to 2.87 Billion for 2020.

MMDC’s Nickel ore shipments increased by 21.2%, from 1.42 Million WMT (Wet Metric Tons) in 2019 to 1.732 Million WMT of saprolite ore in 2020 reflecting a leap to 32 shipments in 2020 from the 26 vessels in 2019.

For the current year MMDC is looking at shipping 2.035 Million WMT of both saprolite and limonite ore, supported by a capital expenditure programmed at Php 27.64 Million.

MMDC’s solid financial performance is strengthened by its commitment to preserve the environment and support  host communities. The company continues to provide livelihood opportunities, educational and health assistance to all 42 communities in the municipalities Cantillan, Carrascal and Madrid, in Surigao del Sur.

A joint project with the local government, the houses were in line with company’s livelihood development initiatives that offers safe and decent shelters to families. Adequate living spaces bring hope and new opportunities for members of the community.

The project directly addresses the UN Sustainable Development Goal on Safe and Resilient Human Settlements and Sustainable Communities. MMDC also built facilities for potable water  in Cabangahan, a daycare and feeding centers in Panikian, Parang and Babuyan.

Through its Social Development and Management Program (SDMP), MMDC provides  livelihood programs to ensure that equal opportunities to create, build and earn are extended to all sectors of society. Farmers were given rice seeds, organic fertilizers and carabaos to help plow the farm lands and yield more crops for higher income. MMDC also provided chariot vehicles to the farmer’s association for the efficient delivery of market products.

To churn and aerate the soil before planting, rotavator machines were donated for the farmers in barangay Cabas-an, Parang and Bacolod. MMDC also built a rice mill that offers affordable rice clearing services.

MMDC’s recently reported a double income growth in  2020. Its solid performance is strengthened by its commitment to preserve the environment and provide livelihood opportunities, educational and health assistance to all 42 communities in the municipalities Cantillan, Carrascal and Madrid, in Surigao del Sur.