Saturday July 21, 2018

36 mining permits approved in 2016

A TOTAL of 36 mining permits were approved by the Mines and Geosciences Bureau (MGB)-Davao Region for 2016, according to the released mining industry development program.

Out of this number, 22 are Mineral Processing Sharing Agreements (MPSAs), eight are Exploration Permits (EPs), five Joint Operating Agreements (JOAs), and one Industrial Permits (IP).

Hall Mark Mining Corp in Mati, Davao Oriental and Holcim Philippines Inc. in Bunawan, Davao City and Panabo City were each issued four MPSA permits each, each of them mining nickel and limestone minerals, respectively.

Three MPSA permits were issued to Austral Asia-Link located at Mati, Davao Oriental, with nickel as the primary mining commodity.

Apex Mining Company in Maco and Mabini, Compostela Valley was issued two MPSA permits.

Philyoubang Mining International Corporation (molybdenite), Dabawenyo Mineral Corporation (molybdenite), Sinophil Mining and Trading Corporation (nickel), King Eagle Exploration and Mining Corporation (silver and gold), OroEast Mining Company (gold), Alsons Development Investment Corp (gold), Nadecor (gold), Napnapan Mineral Resources, Inc (gold), and the Core Mining Corp (copper and gold) were each issued one MPSA permit each.

Companies issued Exploration Permits have copper and gold as their primary mining commodities such as Sagittarius Mines Inc. in Kiblawan, Davao del Sur, Boston Mineral Management Corporation in Davao Oriental, Oz Metals Exploration and Mining Corporation in Mati, San Isidro, and Lupon, Davao Oriental, Agusan Metals Corporation in Compostela Valley Province, and the Agusan Petroleum and Mineral Corporation in Davao Oriental and Compostela Valley.

The three companies were each issued two Explorative permits each.

JOAs were issued to five gold-mining companies, including Pacominco, Black Stone Mineral, Mt. Sinai Mining Exploration and Development Corporation, Giant stone Mining Corporation, and JB Management Mining Corporation.

Only the Horizon Concrete Group Inc., which is into sand and gravel mining, was given an industrial permit.