Philippines gives green signal for coal mining in Catanduanes

Business Mirror reported that Philippine Department of Energy has approved the mining of this island province’s estimated 1.2 million tonnes of high quality coal deposits under the fourth Philippine Energy Contracting Round of 2009.

The Catanduanes coal district covers 8,000 hectares in 14 upland barangays within Panganiban, San Andres and Caramoran, all major abaca and coconut producing municipalities sitting at the heart of the 1,511.5 square kilometer island. Monte Oro Resources & Energy Inc holds a mining contract for the area awarded by the DOE under the second PECR that year.

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