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DENR gives controversial mine firms conditional ECC

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The Department of Environment and Natural Resources on Tuesday issued a conditional environmental compliance certificate to the $5.9 billion Tampakan copper-gold project of Sagittarius Mining Inc. (SMI) in Southern Mindanao.

Posted: February 19th, 2013 in Latest Business Stories | Read More »

Xstrata mine project may go to court—official

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The fate of Xstrata’s $5.9 billion copper-gold project in the southern Philippines, which has been delayed by a ban on open-pit mining, may be decided in court, a provincial governor said Saturday.

Posted: July 14th, 2012 in Latest Business Stories | Read More »

Sagittarius Mines to knock on Palace door on $6B Tampakan row

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Sagittarius Mines Inc. (SMI), the operator of the $6-billion Tampakan copper-gold project in Mindanao, may have to turn to Malacañang “before the end of the month,” to resolve problems involving its permit, according to a top official of the company.

Posted: June 19th, 2012 in Editor's Pick,Headlines | Read More »

Tampakan firms to sell excess power

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Proponents of the $5.9-billion Tampakan copper gold project in South Cotabato plan to sell excess power of about 50-100 megawatts (MW) from their planned coal power plant to the power grid, a move seen to help secure adequate power supply in Mindanao.

Posted: January 1st, 2012 in Headlines | Read More »

Groups back $5.9B mining project

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SUPPORT FOR MINING PROJECT  Sagittarius Mines Inc.’s Tampakan copper-gold project has earned the support of business groups in Mindanao, which cite the benefits it would bring to the island, including job creation and poverty alleviation.

A number of business groups in Mindanao are throwing their support behind the proposed $5.9-billion Tampakan copper-gold project of Sagittarius Mines Inc., citing the many benefits that this could bring to Mindanao. One of the groups, the Junior Chamber International-Durian City, noted that the mining industry could help spur economic growth in the country by [...]

Posted: October 10th, 2011 in Editor's Pick,Headlines | Read More »

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