Large scale mining is restricted to companies with 100% Filipino ownership If the mining activity is conducted under a Small Scale Mining Permit SSMP which usually covers 20 hectares of mining area a company with at least 60% Filipino ownership can engage in large scale mining
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Get PriceThe mining industry in the Philippines is regulated by the government and subject to foreign equity restrictions because of the Constitutional policy that mineral resources are owned by the State and their exploration development utilization and processing are under its full control and supervision
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Get PriceOne of China s mining companies operating in the Philippines the Jiangxi Rare Earth and Rare Metals Tungsten Group Co Ltd is a China government owned company One of the minerals Jiangxi is mining in the Philippines is nickel The Philippines is China s No 1 source of nickel ore with Indonesia a close second
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Get PriceManila Mining Corp 16 Oceana Gold Philippines Inc 17 Pacific Nickel Phils Inc 18 Philex Mining Corp 19 Philippine Associated Smelting & Refining Corp 20 Philsaga Mining Corp 21 Platinum Group Metals Corp 22 Rapu Rapu Minerals Inc /KMP Resources Inc 23 Rio Tuba Nickel Mining Corp 23 Taganito Mining Corp 24
Get PricePresent all the necessary documents Prepare a Request Letter that is addressed to the director of the Philippine Economic Zone Authority PEZA Prepare at least one Endorsement Letter from a prospective PEZA company/clients Prepare a Notarized Application Form from PEZA Prepare a Notarized Annex A Anti Graft Certificate
Get Price1996 On March 24 1996 a drainage tunnel in Marcopper Mining Corp s mining pit in Marinduque bursts spilling 1 6 million cubic meters of toxic mine tailings It leaves villages buried in floodwater and the Boac River dead The incident is regarded as the worst mining accident in the history of the Philippines
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Get PriceSection 104Destruction of Mining Structures Any person who willfully destroys or damages structures in or on the mining area or on the mill sites shall upon conviction be imprisoned for a period not to exceed five 5 years and shall in addition pay compensation for the damages which may have been caused thereby
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