document management services Top copper mining company in philippines : The Philippine government grants Mineral Production Sharing Agreements on condition that the mining activities are managed in a technically, financially, socially, culturally and environmentally responsible manner to enhance the national growth and welfare of the Philippines.
The Department of Environment and Natural Resources requires an Environmental Clearance Certificate for any mining activity at a more advanced stage than mineral exploration. The ECC is issued by the DENR based on an Environmental Impact Statement prepared by the company in accordance with the procedures under the Environmental Impact Assessment System. A completed ecological profile of the proposed mining area is required as part of these procedures.
The company has a 92.5pc interest in the Hinoba-an copper mining project in the Philippines. According to a 2007 JORC compliant Mineral Resource report, the project contains over 725,000 tonnes of copper within a mineral resource of 173 million tonnes grading at 0.42pc copper.
Hinoba-an is located on the island of Negros in the Philippines and is ideally positioned to serve China, the world's largest user and importer of refined copper.
China is projected to account for approximately 37pc of refined copper consumption globally in 2010. UBS Investment Research forecasts China will account for 42pc of global copper consumption by 2015
No comments:
Post a Comment