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.
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.
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.
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.
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 [...]
Zamboanga City/General Santos City—Sagittarius Mines Inc. (SMI) has not even started actual mining operations, yet it now stands accused of contaminating the Pulabato River in Tampakan, South Cotabato with mercury. John Arnaldo, SMI corporate communications manager, yesterday said claims that the company had contaminated the river—a major source of irrigation water for farmers—were baseless. This [...]
