The Philippines has rich mineral resources due to its location along the Circum-Pacific Rim of Fire. It has potential to be among the top ten largest mining powers due to its abundant deposits of gold, copper, nickel, and chromite. Major mining companies operate in the country, attracted by its mineral wealth. The government supports the mining industry through policies, infrastructure development, and incentives to promote further investment and production.
Philippine Mineral Exploration Perspective -
Fernando G. Sajona
General Manager
BRASS Technologies Inc.
Consulting Geologist
Edwin G. Domingo
Director for Foreign Assisted Projects
Department of Environment and Natural Resources
13-15 September 2011
Manila Philippines
Philippine Mineral Exploration Perspective -
Fernando G. Sajona
General Manager
BRASS Technologies Inc.
Consulting Geologist
Edwin G. Domingo
Director for Foreign Assisted Projects
Department of Environment and Natural Resources
13-15 September 2011
Manila Philippines
The LCM Rare Earths News Review is a monthly report compiled for London Commodity Markets to provide a snapshot of the state of the global rare earth elements industry.
Cameroon: The New Destination for MiningMining On Top
Cameroon: The New Destination for Mining
Hosted by Hon Dr Calixtus Fuh, Secretary of State , Ministry of
Mines, Industry and Technological Development, Cameroon
Mining On Top: Africa - London Summit
25-26 Jun 2013 | London
This PPT is prepared by the faculty of GeoBuddy Classes for LIVE sessions.
Ocean sediments are products of weathering, erosion, and transportation through layered streams of sand, silt, mud (clay), and other materials (carbonates) further precipitate from the solution.
You can join our LIVE classes/ sessions by calling at +91-9797018021
Thank You
The AK6 Kimberlite - Discovery through to Production. Learning the Lessons of...James AH Campbell
The AK6 Kimberlite - Discovery through to Production. Learning the Lessons of History. In press in Volume 7 of the BJES, final pagination still missing.
MONAZITE PROCESSING PLANT AT IREL CHATTRAPUR OVERVIEW BY JIBAN NATH PRADHANJiban nath Pradhan
I have finished my 1 month industrial training at IREL, Chattrapur, Odisha, India. At IREL, Chattrapur my project report was on Monazite Processing Plant (MoPP). So this is the short report made by me on MoPP. Thank You....
Objective Capital Rare Earths, Speciality and Minor Metals Investment Summit
Overview of the chromite market – building
European supply
18 March 2010
by David Cliff, Empire Mining
The LCM Rare Earths News Review is a monthly report compiled for London Commodity Markets to provide a snapshot of the state of the global rare earth elements industry.
Cameroon: The New Destination for MiningMining On Top
Cameroon: The New Destination for Mining
Hosted by Hon Dr Calixtus Fuh, Secretary of State , Ministry of
Mines, Industry and Technological Development, Cameroon
Mining On Top: Africa - London Summit
25-26 Jun 2013 | London
This PPT is prepared by the faculty of GeoBuddy Classes for LIVE sessions.
Ocean sediments are products of weathering, erosion, and transportation through layered streams of sand, silt, mud (clay), and other materials (carbonates) further precipitate from the solution.
You can join our LIVE classes/ sessions by calling at +91-9797018021
Thank You
The AK6 Kimberlite - Discovery through to Production. Learning the Lessons of...James AH Campbell
The AK6 Kimberlite - Discovery through to Production. Learning the Lessons of History. In press in Volume 7 of the BJES, final pagination still missing.
MONAZITE PROCESSING PLANT AT IREL CHATTRAPUR OVERVIEW BY JIBAN NATH PRADHANJiban nath Pradhan
I have finished my 1 month industrial training at IREL, Chattrapur, Odisha, India. At IREL, Chattrapur my project report was on Monazite Processing Plant (MoPP). So this is the short report made by me on MoPP. Thank You....
Objective Capital Rare Earths, Speciality and Minor Metals Investment Summit
Overview of the chromite market – building
European supply
18 March 2010
by David Cliff, Empire Mining
Objective Capital's Africa Resources Investment Congress 2011
Ironmongers' Hall, City of London
14-15 June 2011
Day 1: Africa Resources
Speaker: Gerry Clarke, Minerals expert
Objective Capital Global Mining Investment Conference
Opening Keynote: Demand, supply and price of copper – an exploration perspective
30 Sep 2009
by Eric Finlayson, Rio Tinto
The transportation industry is set to undergo a profound
transformation over the coming decades with a shift from fossil
fuelled to electric powered vehicles. Global Energy Metals
provides exposure to the e-mobility revolution through the
development of a diversified supply chain for downstream users with
potential to grow into a significant cobalt and battery minerals supplier.
Global Energy Metals now holds 100% of the Millennium Cobalt Project and two neighbouring discovery stage exploration-stage cobalt assets in Mt. Isa, Australia. It also currently owns 70% of the Werner Lake Cobalt Mine in Ontario, Canada, and has an option to acquire an 85% interest in two cobalt exploration projects in Nevada, 150km East of the Tesla Gigafactory.
North Arrow's companion presentation to the flow-through unit and non-flow-through unit financing announced April 24, 2023. Mostly focused on DeStaffany Project, in the Northwest Territories.
The Tampakan Copper-Gold Project and Human Rights Violations in the South Cotabato, Philippines
Summary
The Tampakan Copper-Gold Project in the Philippines threatens the environment and the livelihoods of local populations. The Bla'an indigenous peoples that occupy these ancestral territories oppose the project and are victims of multiple violations of human rights. But Glencore-Xstrata is still insisting on pursiung the project.
26th session of the Human Rights Council 2014
Item 3 Promotion and protection of all human rights, civil, political, economic, social and cultural rights, including the right to development
Joint written statement of the Europe-Third World Centre (CETIM) and Franciscans International
UN symbol: A/HRC/26/NGO/94
Speech by Julian Payne, President, Canadian Chamber of Commerce of the Philip...No to mining in Palawan
Speech by Julian Payne, President, Canadian Chamber of Commerce of the Philippines
On “A Foreign Investor’s View on Mining in the Philippines”
At the Development Academy of the Philippines, Pasig City, on July 10, 2014
MINING
“SECTION 4. Grant of Mineral Agreements Pending New Legislation. No new mineral agreements shall be entered into until a legislation rationalizing existing revenue sharing
schemes and mechanisms shall have taken effect. The DENR may continue to grant and issue Exploration Permits under existing laws, rules and guidelines.” - Executive Order No. 79, July 6, 2012.
The report is based on a desk study and a three-week
field trip to the Philippines, where data was gathered
through qualitative interviews. Interview partners included
affected communities, company representatives, local and
national civil society organizations, as well as government
authorities. By evaluating this data we shed light on the
main human rights issues linked to the Tampakan Project.
The choice of our interview partners reflects our human
rights approach. While our interviewees have both positive
and negative attitudes towards the Tampakan Project, they
do not constitute a representative sample of the population
in the area. Instead, our goal is to make sure that we include those people who have serious concerns with regard to their human rights situation and to analyze their hopes and fears and complement this information with desk research and the views of other stakeholders and experts.
Prior to the start of stock exchange trading on 5 January 2012, Intex issued a stock exchange announcement stating that it had signed a MoU with MCC8 for the development of its nickel project in Mindoro. This agreement could grant MCC8 a “project management contract” (“PMC”) which would mean that MCC8 would take on most of the responsibility for the project finance and development of the field. As consideration for this, MCC8 and its strategic partners would have an option to purchase up to 90% of Mindoro Nickel, in a staged process, for a total of USD 296 million. Intex would retain 10% and would have an option to buy back a further 10% for up to USD 60 million following completion of the project1.
CLIMATE CHANGE CONGRESS
OF THE PHILIPPINES, INC.(CCCP)
POSITION PAPER ON THE PHILEX MINING DISASTER
pp.1-6
Room 1 Bonifacio Hall, UP SOLAIR, Diliman, Quezon City
Phone no. (632) 385-5638 / Email address: climatechangecongress.org
SUMMARY STATEMENT TO THE SENATE COMMITTEES ON THE ENVIRONMENT AND HEALTH, MARCH 19, 2013
By: Christian S. Monsod
Climate Change Congress of the Philippines
pp.1-5
PAB Resolution
IN THE MATTER OF
WATER POLLUTION CONTROL
AND ABATEMENT CASE
DENR-PAB Case No. CAR-00836-12
- versus-
PHILEX MINING CORPORATION,
Respondent.
FOR: Violation of R.A. 9275 and Its
Implementing Rules and Regulations
25 February 2013
With an estimated $1.4 trillion in reserves, Philippine mining potential ranks
fifth in the world, covering an estimated 9 million hectares, but less than
2% has mining permits. After long stagnation, the sector has been coming
back after a 2005 SC decision affirming RA 7942, considered a world-class
legal framework for sustainable development. Minerals development is a
government priority and has great potential for jobs and revenue. Government
has identified over 60 priority PPP projects. Mining can support poor
rural areas through high quality jobs, local tax payments, and community
development. The national government receives substantial royalty and tax
payments. Government revenue from mining increased 800% from 2002 to
PhP10.4 billion in 2007. However, full development of the sector continues
to face significant challenges. Lengthy, tedious approvals for Exploration
Permits (EPs) continue to impede investment. Several LGUs have closed their
provinces to mining. Industry is concerned that the Writ of Kalikasan might
disturb lawful activities. An investor cannot tell easily if land is ancestral land.
Skilled Mines and Geosciences Bureau (MGB) personnel often leave public
service. EO 79 has imposed a moratorium on new mining permits, pending the
passage of a new law on the revenue-sharing scheme between industry
The Fraser Institute Annual Survey of Mining
Companies was sent to approximately 4,100
exploration, development, and other mining-related
companies around the world. Several mining
publications and associations also helped publicize the
survey... The survey, conducted from October 9, 2012,
to January 6, 2013, represents responses from 742 of those
companies. The companies participating in the survey
reported exploration spending of US$6.2 billion
in 2012 and US$5.4 billion in 2011
Application For The Environmental Compliance Certificate (ECC) Of The Tampakan Project
O.P. Case No.12-F-159
DENR Case No. 1966
Paquito N. Ochoa, Jr
Executive Secretary
Philippines
UPDATE ON THE NICKELIFEROUS LATERITE MINERAL RESOURCES
OF MARCVENTURES MINING AND DEVELOPMENT CORPORATION’S
MPSA 016-93-XIII
LOCATED IN THE MUNICIPALITIES OF CANTILAN AND CARRASCAL,
SURIGAO DEL SUR, PHILIPPINES
Pollution Adjudication Board fines Philex Mining over Clean Water Act ViolationsNo to mining in Palawan
Pollution Adjudication Board fines Philex Mining over Clean Water Act Violations
On Thursday, January 24, Philex disclosed to the exchange that it received a notice of issuance from the Pollution Adjudication Board (PAB)to cease-and-desist from using its tailings pond at its Padcal mine in Benguet following a mine spill in August 2012.
Francesca Gottschalk - How can education support child empowerment.pptxEduSkills OECD
Francesca Gottschalk from the OECD’s Centre for Educational Research and Innovation presents at the Ask an Expert Webinar: How can education support child empowerment?
Read| The latest issue of The Challenger is here! We are thrilled to announce that our school paper has qualified for the NATIONAL SCHOOLS PRESS CONFERENCE (NSPC) 2024. Thank you for your unwavering support and trust. Dive into the stories that made us stand out!
Macroeconomics- Movie Location
This will be used as part of your Personal Professional Portfolio once graded.
Objective:
Prepare a presentation or a paper using research, basic comparative analysis, data organization and application of economic information. You will make an informed assessment of an economic climate outside of the United States to accomplish an entertainment industry objective.
Operation “Blue Star” is the only event in the history of Independent India where the state went into war with its own people. Even after about 40 years it is not clear if it was culmination of states anger over people of the region, a political game of power or start of dictatorial chapter in the democratic setup.
The people of Punjab felt alienated from main stream due to denial of their just demands during a long democratic struggle since independence. As it happen all over the word, it led to militant struggle with great loss of lives of military, police and civilian personnel. Killing of Indira Gandhi and massacre of innocent Sikhs in Delhi and other India cities was also associated with this movement.
Introduction to AI for Nonprofits with Tapp NetworkTechSoup
Dive into the world of AI! Experts Jon Hill and Tareq Monaur will guide you through AI's role in enhancing nonprofit websites and basic marketing strategies, making it easy to understand and apply.
2024.06.01 Introducing a competency framework for languag learning materials ...Sandy Millin
http://sandymillin.wordpress.com/iateflwebinar2024
Published classroom materials form the basis of syllabuses, drive teacher professional development, and have a potentially huge influence on learners, teachers and education systems. All teachers also create their own materials, whether a few sentences on a blackboard, a highly-structured fully-realised online course, or anything in between. Despite this, the knowledge and skills needed to create effective language learning materials are rarely part of teacher training, and are mostly learnt by trial and error.
Knowledge and skills frameworks, generally called competency frameworks, for ELT teachers, trainers and managers have existed for a few years now. However, until I created one for my MA dissertation, there wasn’t one drawing together what we need to know and do to be able to effectively produce language learning materials.
This webinar will introduce you to my framework, highlighting the key competencies I identified from my research. It will also show how anybody involved in language teaching (any language, not just English!), teacher training, managing schools or developing language learning materials can benefit from using the framework.
The Roman Empire A Historical Colossus.pdfkaushalkr1407
The Roman Empire, a vast and enduring power, stands as one of history's most remarkable civilizations, leaving an indelible imprint on the world. It emerged from the Roman Republic, transitioning into an imperial powerhouse under the leadership of Augustus Caesar in 27 BCE. This transformation marked the beginning of an era defined by unprecedented territorial expansion, architectural marvels, and profound cultural influence.
The empire's roots lie in the city of Rome, founded, according to legend, by Romulus in 753 BCE. Over centuries, Rome evolved from a small settlement to a formidable republic, characterized by a complex political system with elected officials and checks on power. However, internal strife, class conflicts, and military ambitions paved the way for the end of the Republic. Julius Caesar’s dictatorship and subsequent assassination in 44 BCE created a power vacuum, leading to a civil war. Octavian, later Augustus, emerged victorious, heralding the Roman Empire’s birth.
Under Augustus, the empire experienced the Pax Romana, a 200-year period of relative peace and stability. Augustus reformed the military, established efficient administrative systems, and initiated grand construction projects. The empire's borders expanded, encompassing territories from Britain to Egypt and from Spain to the Euphrates. Roman legions, renowned for their discipline and engineering prowess, secured and maintained these vast territories, building roads, fortifications, and cities that facilitated control and integration.
The Roman Empire’s society was hierarchical, with a rigid class system. At the top were the patricians, wealthy elites who held significant political power. Below them were the plebeians, free citizens with limited political influence, and the vast numbers of slaves who formed the backbone of the economy. The family unit was central, governed by the paterfamilias, the male head who held absolute authority.
Culturally, the Romans were eclectic, absorbing and adapting elements from the civilizations they encountered, particularly the Greeks. Roman art, literature, and philosophy reflected this synthesis, creating a rich cultural tapestry. Latin, the Roman language, became the lingua franca of the Western world, influencing numerous modern languages.
Roman architecture and engineering achievements were monumental. They perfected the arch, vault, and dome, constructing enduring structures like the Colosseum, Pantheon, and aqueducts. These engineering marvels not only showcased Roman ingenuity but also served practical purposes, from public entertainment to water supply.
1. THE PHILIPPINES’ MINERAL POTENTIAL
21 June 2011
INTRODUCTION
The Philippines is situated along a well-defined belt of volcanoes called the Circum-Pacific Rim of Fire
where the processes of volcanism and plate convergence resulted in the formation of abundant and important
metallic mineral deposits.
It is considered one of the countries that are richly endowed with metallic resources and it has the potential
to be among the top ten largest mining powers in the world. In terms of occurrence per unit area, it ranks
third in gold, fourth in copper, fifth in nickel and sixth in chromite.
The presence of major foreign mining companies such as Anglo American, BHP Billiton, Sumitomo Mining
and Xstrata attests to the attractiveness of mining in the Philippines.
• Exports of common metallic minerals extracted in the Philippines (2010):
Category Mineral FOB (in million USD) % of Total Value
Precious Metals Gold 16.62 5.35
Silver 2.55 0.82
Base Metals Copper 7.41 2.39
Iron &Ferro-Alloy Metals Nickel 276.42 89.06
Chromite 7.39 2.38
Source: BETP
MARKET OPPORTUNITY
• surging mineral demand from rapidly industrializing economies like China and India
• continuous importation of mineral ores of Australia, Japan and other trading partners in Asia
PHILIPPINE ADVANTAGE
Rich mineral resources
• only 2.85% the 30 million hectare land area is covered by mining permits
• an estimated 9 million hectares is regarded as geologically prospective for metallic minerals and this
is expected to increase further with continuing explorations and geological mappings
• ore reserves:
Ore Reserves Million MT
(2005)
Gold 3,056
Copper 2,968
Nickel 953
Chromite 18
Iron 410
Aluminum 292
• discovery of new sites with potentially world-class deposits differentiated from previous discoveries
that were of low grade and shallow-seated:
− Tampakan (copper) which represents one of the largest undeveloped copper-gold deposits in the
South East Asia-Western Pacific region
− Far Southeast (copper-gold) and Boyongan (copper)
Industry Studies Department 1
Board of Investments
2. THE PHILIPPINES’ MINERAL POTENTIAL
21 June 2011
A long history and experience in mining
• mining in the Philippines predates the Spanish era which started in the 16th century.
New technology
• new technologies adapted for further processing and for increasing the value of mineral products:
- High Pressure Acid Leaching (HPAL) – involves the dissolution of the ores in strong acid
under high pressure and temperature to liberate the nickel and other metals and produce an
intermediate nickel product with higher concentration. It is used with great success by
Sumitomo and Asia Nickel on their Philippine Coral Bay operation.
- Heap Leaching – for nickel laterites as a low-cost and environmentally friendly alternative to
HPAL, which involves irrigation of leach pads with 5% acid solution to produce a mixed
hydroxide nickel product
Presence of support infrastructure
• sea ports: 1,607 public ports and 423 private ports
• airports: 10 international airports, 34 domestic airports, 41 community airports, 4 unclassified
domestic airports
• power plants: 75 run by the National Power Corp. and by independent power producers (IPPs)
Identified locations
• copper and gold mineralization are mostly found in the Central Cordilleras and in many areas in
Mindanao
• major nickel mineralization are in Palawan and Surigao
• specific areas with deposits identified by the Mines and Geosciences Bureau are found in each of the
country’s major island groups: Luzon, Visayas and Mindanao
Luzon
1. Luzon Central Cordillera – Au, Cu, Fe, Mn
2. Northern Sierra Madre - Cr, Ni, Cu
3. Zambales – Cr, Ni, Co, Pt, Cu, Au
4. Vizcaya-Aurora – Cu, Au
5. Bicol – Au, Fe, Cu
6. Southern Tagalog – Cu, Au, Ni, Co
Visayas
7. Central Visayas – Cu, Au, Mn
8. Samar-Eastern Mindanao – Au, Cu, Fe, Cr, Ni, Pt, Mn
9. Palawan – Cr, Ni, Co, Pt, Au
Mindanao
10. North Central Mindanao – Cr, Cu, Au
11. Zamboanga Peninsula – Au, Cu, Cr, Fe
12. Southern Mindanao – Cu, Au
Geographical advantage
• many mines are located near the sea or ocean and have the advantage of proximity to ports as
transhipment points
• proximity to China, Japan, Korea and other Asian markets
Skilled human resources
• abundant labor force that is highly educated, English proficient and has strong and good work ethics
• availability of mining engineers and geologists with extensive experience in mineral exploration and
mining operations
Industry Studies Department 2
Board of Investments
3. THE PHILIPPINES’ MINERAL POTENTIAL
21 June 2011
• a number of graduates in mining, geological and metallurgical engineering every year and a
continuing scholarship and training program to address increasing demand for skilled workers
• available laborers with extensive experience in mining related jobs
• presence of professional organizations accredited by the Professional Regulations Commission:
− the Philippine Society of Mining Engineers (PSME),
− Geological Society of the Philippines (GSP),
− Society of Metallurgical Engineers of the Philippines (SMEP)
INDUSTRY POTENTIALS
2006 2007 2008 2009 2010
Gross Production Value $ 1,510 $ 2,129 $ 1,852 $ 2,227 $ 2,463*
(US$ Million)
Exports (US$ Million) $ 2,103 $ 2,605 $ 2,482 $ 1,469 $ 1,310
% of Total Phil Exports (4.5 %) (5.2 %) (5.2%) (3.9%) (3.5%)
Employment 141,000 149,000 158,000 166,000 197,000
Taxes, Fees and $ 133 $ 218 $ 150 $ 97 $ 29**
Royalties (US$ Million)
Note: *production data from non-metallic mining not yet included
**excise tax collected by BIR not yet included
Source: Mines and Geosciences Bureau
Industry outlook for 2011
• demand for gold, copper, iron ore, chromite and coal remain strong
• commodity prices, especially gold, remain high
• investors from Korea, Japan, Australia, and China continue to come and look for joint venture
projects
• interest of several new markets (i.e. Russia) in exploring mining opportunities in the Philippines
• banks are liquid and project proponents are upbeat in accessing from them their financial
requirements
• several projects are being pushed into operation although some are being re-scheduled
• several projects in the pipeline are expected to be onstream within the next 3-5 years: Tampakan,
Silangan (formerly Boyongan), Kingking, Far South East
GOVERNMENT SUPPORT
• passage of the Philippine Mining Act of 1995
• revitalization of the Philippine minerals industry through streamlining of mining tenements
application process, cleansing of non-active or dormant mining applications, contracts and permits
and strenghthening of compliance requirements, among others
• support and promotion of the Philippine government of sixty mineral development, mineral
processing and exploration projects
• implementation of the Philippine Mineral Reporting Code (PMRC) patterned after Australia’s JORC
to reduce risk and gain investor trust and confidence
• government support on transparency and continuous effort to enlist the country in the Extractive
Industry Transparency Initiative (EITI) to ensure good governance and prevent corruption
INCENTIVES
• Financial or Technical Assistance Agreement (FTAA): contractors are entitled to the recovery of
capital investments for a period of five years
- national taxes are waived but local government taxes are payable
Industry Studies Department 3
Board of Investments
4. THE PHILIPPINES’ MINERAL POTENTIAL
21 June 2011
- after the recovery period, the benefits are shared 50% - 50% based on the net mining revenue,
inclusive of taxes
• application for ecozone status under the Special Economic Zone Act of 1994 for entitlement to
exemptions from certain national and local taxes provided investor will engage in downstream
processing
Under the Mining Act
- income tax carry forward of losses
- income tax accelerated depreciation of fixed assets
- exemption from payment of real property taxes on pollution control devices
- investment guarantees, repatriation of capital, freedom of expropriation, remittance of earnings and
interest on foreign loans, freedom from requisition of properties and the confidentiality of information
with regards to endeavors and transactions
Under the Omnibus Investment Code
- income tax holiday for 4-8 years
- exemption from wharfage dues and export tax, duty, impost and fees
- tax credit on raw materials and supplies
- additional deduction for labor expense (ADLE)
- additional deduction for major infrastructure works
- non-fiscal incentives
Under PEZA (for mineral processing)
- income tax holiday for 4 to 8 years
- special 5% tax rate on gross income after the lapse of ITH
- tax and duty exemption on imported capital equipment
- exemption from 12% input VAT on allowable local purchase of goods and services
- unrestricted use of consigned equipment
- employment of foreign nationals
MINERAL AGREEMENTS AND FISCAL REGIME
Type of Mining Maximum Area Term Qualified
Rights/Permits (has.) Person/Company
Exploration Permit (EP) 32,4 00 onshore 2 years; renewable to a individuals or Filipinos
81,000 offshore maximum of 6 years or foreign corporations
Mineral Production Sharing 16,200 onshore 25 years; renewable for individuals or Filipino
Agreement (MPSA) 40,500 offshore a like period corporations
Financial or Technical 81,000 onshore 25 years; renewable for Filipino or foreign
Assistance Agreement (FTAA) 324,000 offshore a like period corporations
Mineral Processing Permit NA 5 years; renewable for a Filipino or foreign
(MPP) maximum of 25 years corporations
100% foreign participation is allowed under EP and FTAA as well as in Mineral Processing. For MPSA it
requires at least 60% Filipino ownership.
Fiscal regime under FTAA
• allows recovery of Pre-Operating Expenses
− set at a maximum of five (5) years
− may be extended for projects incurring very large investments with high production rate and
extensive mine life
Industry Studies Department 4
Board of Investments
5. THE PHILIPPINES’ MINERAL POTENTIAL
21 June 2011
• 50% - 50% sharing of the Net Mining Revenue (after recovery of pre-operating expenses)
• The government share of 50% comprise the following:
− Basic Government Share:
• national taxes, i.e., Excise Tax, Corporate Income Tax, Customs Duties and Fees, etc.
• local taxes, i.e., Business Tax, Real Property Tax, etc.,
• payment to Filipinos, i.e., Special Allowance, Royalty to indigenous people, land
owners or claim owners
− Additional Government Share – amount collected to achieve the 50% of the Net Mining
Revenue
Other laws affecting mining
- People’s Small Scale Mining Act
- Indigenous Peoples Rights Act
- Local Government Code
- National Integrated Protected Areas System Act
- Environment Laws
PRIORITY MINERAL DEVELOPMENT, MINERAL PROCESSING
AND EXPLORATION PROJECTS
Mining Company Mine Project (Location) Annual Capacity Mine Life
Operating/Completed Expansion
Lepanto Mining and Teresa Gold Project 800,000 MT 9 years
Consolidated Corp. (Lepanto, Mankayan, Benguet)
Philex Mining Corp. Sto. Tomas II Copper Expansion Project 9,125,000 MT 7 years
(Padcal, Tuba, Benguet)
Benguet Corporation Sta. Cruz Nickel Project 2.2 years
(Sitio Binagbag, Brgy. Guisguis, Sta. Cruz,
Zambales)
Crau Mineral Resources Sta. Cruz-Candelaria Mining Project
Corp. (Zambales)
Rapu-Rapu Polymetallic Rapu-Rapu Polymetallic Project 36,000 MT of Cu 6 years
Project (Brgys. Malobago, Pagcolbon, Binosawan, concentrates (containing
island municipality of Rapu-Rapu in Albay 25% Cu, 7% Zn, 30 g per
province) tonne gold and 350 g per
tonne silver);
26,000 MT Zn
concentrates (containing
50% Zn and 5% Cu)
Filminera Resources Masbate Gold Project 200,000 oz. Au/year New
Corp./PGPRC (Brgy, Puro, Aroroy, Masbate) 9.5 years
Berong Nickel Project 1,470,000 MT/yr of
Berong Nickel Corp. (Brgy. Berong, Quezon, Palawan) beneficiated Ni Ore 11 years
Palawan Nickel Project - Line 1 & 2 10,000 MT of Ni & 7,050
Coral Bay Mining Corp. (Rio Tuba, Bataraza, Palawan) MT of Co 20 years
Atlas Consolidated Carmen, Toledo Copper Project Ore resource: 874 million New
Mining and Development (Brgy. Biga, Toledo, Cebu City) MT at 0.41% Cu plus 12.5 years
Corp./CCC gold, silver, magnetite and
pyrite.
42,000 tonnes per day
throughput in 2009
Cagdianao Mining Corp. Nickel Project
(Nickel Asia Corp.) (Dinagat Province, Surigao del Norte)
Minahang Bayan ng Oriental Mountain Top Nickel Project
Dinagat Is., Inc.
Industry Studies Department 5
Board of Investments
6. THE PHILIPPINES’ MINERAL POTENTIAL
21 June 2011
Taganito Mining Corp. Nickel Project Coverage area: 4,863.7
(^5% Fil, 35% Japanese (Taganito, Claver, Surigao del Norte) hectares
(Nickel Asia Corp.)
Hinatuan Mining Corp. Tagana-an Nickel Project
(Nickel Asia Corp.) (Hinatuan Island, Surigao del Norte)
Oriental Synergy Urbiztondo South Nickel Project
TVI Resource Canatuan Silver-Gold & Base Metal Project 25 years
Development Philippines, (Sitio Canatuan, Brgy, Tabayo, Siocon, 2,100,000 DMT (ore and (now in
Inc. Zamboanga Del Norte) waste) 13th year)
Maco Gold Project
Apex Mining Corp. (Brgys. Teresa & Maco, Compostela 2,400 tons per day
Valley)
CNC/CTP Carrascal Nickel Project 2,000,000 MT of Ni New
(Surigao del Sur) beneficiated ore
Philsaga Mining Corp. Banahaw Gold Project
CTP Construction and
Mining Corp.& Platinum SIRC Nickel Project
Group Metals Corp.
Tubay Nickel Project (Sitio Bugnam, Brgy. 1,500,000 tonnes of
SR Metals Inc. La Fraternidad, Tubay) Benefitiated Ni silicate
ore
Century Peak Casiguran Nickel Project
Construction and Development
OceanaGold Philippines, Didipio Copper-Gold Project 150,000 oz of Au and
Inc. (Brgy. Didipio, Kasibu, Nueva Vizcaya) 15,000 MT of Cu 14 years
Manticao Ferronickel Smelter Project 36 tons per day of
(Brgys. Poblacion & Patag, Manticao, Ferronickel ingots
Misamis Oriental) Calcination and smelting,
containing 20% Nickel
Iligan FerroNickel Smelter Project 130 MT/day of
Platinum Group Metals (Assumption Heights, Buru-un, Iligan City, Ferronickel
Corp. Mindanao)
Isabela Nickel Project
(Brgys. Ayod, Dimalwadi & Bukal Note, 900,000 DMT 30 years
Dinapique, Isabela)
Oriental Synergy Surigao Nickel Project
Eagle Cement Corp. Akle Cement Project 3,300 tons/day
(Brgy. Akle, San Ildefonso, Bulacan)
Siana Gold Project 1.1 million oz. of
Greenstone Resources
(Cawilan, Tubod, Surigao del Nort) & indicated and inferred
Corp.
(Siana, Mainit, Surigao del Norte) gold resource
Taganito
Surigao HPAL Project
Mining/Sumitomo Metals
Feasibility/Financing Stage
Benguet Corporation Sta. Cruz Nickel Project
Crau/Rusina/Euro Nickel Heap Leach Project
Intex Resources, Phils., Mindoro Nickel Project Measured and indicative
Inc. resources as of 2009:
161.7 million MT with
0.92% Ni. at a 0.7% cut-
off-grade (cog)
Kingking Copper-Gold Project
Benguet Corporation (Sitio Gumayan, Brgy. Kingking, Pantukan,
Compostella Valley)
Industry Studies Department 6
Board of Investments
7. THE PHILIPPINES’ MINERAL POTENTIAL
21 June 2011
Sagittarius Mines, Tampakan Copper Project 2.4 billion MT deposit at
Inc/Xstrata (Davao del Sur, Sultan Kudarat & South a grade of 0.6% copper
FTAA March 1995 Cotabato) and 0.2 grams per ton
gold
Philnico Processing Corp. Nonoc Nickel Project
(Nonoc Island, Surigao del Norte)
Itogon Suyoc Resources, Itogon Gold Project 3,000 MT/day 10 years
Inc. (Sangilo, Itogon, Benguet)
Lepanto Consolidated Far Southeast Gold Project
Mining Co. (Lepanto, Mankayan, Benguet)
Metals Exploration/FCF Run-Runo Gold Project
Minerals (Runruno, Quezon, Nueva Vizcaya)
Silangan Mindanao Silangan (formerly Boyongan) Copper
Mining Co./Philex Project 100,000 MT 10 years
Mining (Surigao del Norte & Agusan del Norte)
Eramen Sta. Cruz Nickel Project
Benguet Corporation Balatoc Tailings Project
Advanced Exploration
Colet Mining & Colet Copper-Gold Project
Development Corp. (Brgy. Nabulao & Manlucahoc, Sipalay 15 MT 15 years
City & Brgy. Gatuslao, Candoni, Negros
Occidental
MRL Gold Phils., Inc./ Agata Copper/Gold/Nickel Project
Mindoro Resources (Tubay, Jabonga, Santiago, Agusan del
Limited Norte)
Hallmark Mining/BHP Pujada Nickel Project
Billiton (Brgy. Kabuayan, Mati City, Davao
Oriental)
TVI Resource Balabag Gold and Silver Project Exploration on-going to
Development Philippines, (Balabag, Bayog, Zamboanga del Sur) & determine reserves
Inc. (Siay, Zamboanga Sibugay)
Source: Mines and Geosciences Bureau and BOI database
Mining companies with substantial foreign equities
1. Benguet Corporation – 40% American
2. Eldore Mining Corporation – 40% Australian
3. Gold Fields Philippines Corporation – 40% Australian
4. Philippine Gold Processing & Refining Corporation – 99.99% British
5. TVI Resource Development Philippines, Inc.- 40% Hongkong
6. Carrascal Nickel Corporation – 40% Chinese
7. Coral Bay Nickel Corporation – 100% Japanese
8. Platinum Group Metals Corporation – 85.72% Malaysian
9. Rio Tuba Nickel Mining Corp. – 40% Japanese
10. Oriental Synergy Mining Corp. – 31.3% Chinese
COST OF DOING BUSINESS
Industry Studies Department 7
Board of Investments
8. THE PHILIPPINES’ MINERAL POTENTIAL
21 June 2011
Administrative fees and charges
Based on DAO 2005-08
• Filing/Renewal Fee of Mining Permits (Based on DAO 2005-08)
a. Application for EP and MA – P 60.00/ha
b. Application for FTAA - P 60.00/ha
• Clearance Fee – P 5,000.00/application
• Registration Fee
a. For EP – P 5,000.00/permit
b. For MA – 20,000.00/contract
c. For FTAA – 50,000.00/contract
• Occupation Fee (for EP, MA, FTAA)
- For mineral reservation areas – P 100.00/ha
• Evaluation of Feasibility Study Report/ Environmental Protection and Enhancement Program (EPEP) –
P 20,000.00/study report/EPEP
• Application for Certificate of Environmental Management and Community Relations Record –
P 5,000.00/application
• Filing for Application of Mineral Processing Permit
a. Projects with investments above P 500 million – P 50,000.00/application
b. Projects with investments of P 250 million to P 500 million – P20,000.00/application
c. Projects with investments below P 250 million – P 10,000.00/application
• Application of Environmental Clearance Certificate – EMB Processing Fee - P 6,000.00
APPROVAL OF MINING PERMITS AND CONTRACTS
Application and Mandatory Acceptance Requirements Filing of Application in Regional Office
1. Location map
2. Two-year exploration work program
3. Proof of technical competence
4. Proof of financial capability Area Status and Clearance/Consent by
MGB, DENR Sectors and/or other
Government Offices
Certification of Publication/ Posting/ Radio
Announcement
Publication, Posting and Radio
Certification from Panel of Arbitrators Announcement
NCIP Certification Pre-condition
Proof of Sanggunian Consultation Evaluation by MGB RO & CO
• Certificate of Environmental Management &
Community Relations Record Approval by MGB RO, DENR or
• 2-year Environmental Work Program PRESIDENT
Notes:
Certification from Panel of Arbitrators – issued upon resolution of any adverse claim, protest or opposition; or to
certify that there are no adverse claim, protest or opposition
NCIP Certification Precondition – issued to certify the grant of a free & prior informed consent by major stakeholders
particularly the IPs
Certificate of Environmental Management & Community Relations Record – proof of satisfactory environmental
management and community relations in the company’s past or present mineral resource use or mining-related
ventures
Environmental Work Program – identifies mining-related activities that would affect the environment (i.e.
construction of roads)
CONTACT DETAILS
Industry Studies Department 8
Board of Investments
9. THE PHILIPPINES’ MINERAL POTENTIAL
21 June 2011
Board of Investments
Evariste Cagatan
Director, International Marketing Department
Industry & Investments Building
385 Sen. Gil Puyat Avenue, Makati City 1200
Tel. No.: (632) 890-1332 or (632) 895-3641
Website: http://www.boi.gov.ph
Mines and Geosciences Bureau
Leo L. Jasareno
Acting Director
MGB Compound, North Avenue
Diliman, Quezon City
Telephone: (632) 928-8642 or (632) 920-9120
Website: http://www.minesandgeosciencesbureau.com.ph
Chamber of Mines of the Philippines
Phillip Romualdez
President
Room 204 Ortigas Building
Ortigas Avenue, Pasig City 1600
Tel. No.: (632) 635-4123 or (632) 635-4159
Fax: (632) 635-4160
E-mail: comp@vaisa.com
Website: http://chamberofmines.com.ph
Industry Studies Department 9
Board of Investments