Philippines' Richest Family Merges Firms to Develop Largest Copper-Gold Mine Amid Global Uncertainty

Published: Aug 22, 2026 22:41

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One of the wealthiest families in the Philippines is injecting the country's largest undeveloped copper-gold mine into a publicly listed firm, as mining assets benefit from stronger demand amid global uncertainty and the AI boom.Dominion Holdings Inc., controlled by the family of the late tycoon Henry Sy, said its board has approved a merger with Indophil Resources Phils. Inc. and Sonar Holdings Inc. The deal paves the way for the injection of the Tampakan gold-copper mine assets into Dominion, which will serve as the surviving entity.

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