Mindanao’s biggest coal miner bags 5 contracts worth P1.5 billion
November 20th, 2009
Filed under: Mineral - Coal
Donnabelle L. Gatdula (The Philippine Star)
MANILA, Philippines - Titan Exploration and Development Corp. (TEDC), the biggest coal mining operator in Mindanao, has bagged five more coal contracts which could potentially generate 200 million metric tons of high grade coal reserves worth P1.5 billion.
The projects, which will open up about 18,000 new jobs in Mindanao in the near term, will be located in Zamboanga Sibugay and Davao Oriental under the Department of Energy’s Philippine Energy Contracting Round (PECR).
Leave a Reply
Please note that your comments will be subject to moderation by the PMEA Blog Administrator.