PMEA Blog

AN EVANGELSIT has called on the leaders of South Cotabato’s Catholic Church to be open to the modern ways of mining, citing the impact of the Tampakan project on the local community and the world.
“The Catholic Church’s opposition to the open-pit mining method is only a matter of adjusting to the modern concept of responsible […]

MANILA, Philippines - Sagittarius Mines Inc. (SMI) would like to present the benefits of the Tampakan copper-gold project to the economy and the government to President Aquino during its visit to Malacañang.
SMI is scheduling a Malacañang presentation but the company has not been given a schedule yet, Board of Investments (BOI) managing […]

MANILA, Philippines — The farming town of Tampakan, South Cotabato is pinning its hopes on the operation of the copper-gold project of Sagittarius Mines, Inc. (SMI) to boost its revenues, reduce the high unemployment rate and arrest the high dropout rate in its schools.
Mayor Leonardo Escobillo, an engineer, said that with farming as its main […]

MELODY M. AGUIBA

The Tampakan copper-gold porphyry, the largest copper-gold deposit yet to be developed in South East Asia, is foreseen to contribute to the Philippine economy $37 billion by the end of its mine life placed at 20-40 years.

Sagittarius Mines Inc. (SMI), holder of the Financial and Technical Assistance Agreement (FTAA) for Tampakan, is looking […]

Amy R. Remo

MANILA, Philippines — Despite the hurdles it has to face, Xstrata Plc continues to hold on to the $5.2-billion Tampakan copper-gold project, adding that the Philippine economy also stands to reap as much as $40 billion within a 25-year period.

Mark Williams, general manager of Xstrata’s local subsidiary Sagittarius Mines Inc. (SMI), stressed that […]

Riza T. Olchondra
THE GOVERNMENT will try to facilitate negotiations between concerned parties for a “compromise” on the open pit mining ban in South Cotabato, which is affecting the $5.2-billion Tampakan copper-gold project.
The Department of Environment and Natural Resources (DENR), which chairs the Minerals Development Council under the Office of the President, will meet with both […]

Othel V. Campos
The government will protect mining investments in the country, including the $5.2-billion Tampakan gold and copper project in South Cotabato, Environment Secretary Ramon Jesus Paje said Tuesday.
“It [Tampakan] is very important for us. We believe we have to protect the investment,” he told reporters in a briefing.
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Copper and gold mining exploration company Indophil Resources NL (ASX:IRN) has announced a resource upgrade at the Tampakan Copper Gold Project in the Southern Philippines.
The company has upgraded the mineral resource by 8 per cent from 2.2 billion tonnes to 2.4 billion tonnes, and increased the measured tonnes by 25 per cent up from 620 […]

MANILA, Oct 20 (Reuters) - Global miner Xstrata Plc (XTA.L) has boosted an estimate of mineral resources at its $5.2-billion Tampakan copper-gold project in the southern Philippines to 2.4 billion tonnes from 2.2 billion, the firm said on Tuesday.
The mine, considered Southeast Asia’s largest undeveloped copper-gold prospect, is now estimated to contain 13.5 million tonnes […]

MANILA, Sept 17 (Reuters) - Xstrata Copper is on track to start production at Southeast Asia’s largest undeveloped copper-gold deposit in 2016, more than two decades after the discovery of the Philippine mine, a senior official said on Thursday,
“We think 2016 is a realistic target,” Mark Williams, general manager of Xstrata Copper’s Philippine affiliate, Sagittarius […]