Dodgy Deal Tampakan copper and Gold Mine Project

  • BankTrack Tampakan Copper and Gold Mine project

    Its local subsidiary Sagittarius Mining International (SMI) has ploughed $350 million into the $5.9 billion Tampakan project, which it describes as one of the world's largest undeveloped copper-gold deposits. The Tampakan project area contains 15 million Tampakan Gold Copper Project Mining Technology ,2020-8-19 · The Tampakan mine was estimated to hold 2.94 billion tonnes of resources, graded at an average 0.51% copper, and 0.19g/t gold, representing 15.0 million tonnes (Mt) of copper and 17.6 million ounces (Moz) of gold. The mine was anticipated to produce an average of 375,000tpa of copper and 360,000oz per annum of gold over its 17 years of mine life.

  • Tampakan mine stalls until 2019 PNG Report

    2012-12-14 · Tampakan is on the southern Philippine island of Mindanao in the province of South Cotabato, roughly 40km north of General Santos city. The site represents one of the largest undeveloped copper-gold deposits in the Southeast Asia-Western Pacific region, containing 15 million tonnes of copper and 17.6 million ounces of gold at a 0.2% cut-off grade.ATM Statement Anti-mining Philippines,2020-1-22 · SMI, together with the Tampakan Mining Group, is the project holder for the Tampakan copper-gold mining project. It is the largest open-pit gold project in Asia. Its operation will displace an estimated 4,000 the indigenous tribes of B'laans and about 10,000 lowland farmers from neighboring communities that rely on the nearby watershed for

  • Zijin Mining sets sights on Indophil chinadaily.cn

    2009-12-2 · A geologist examining the drill core at the Tampakan copper and gold mine project in the southern Philippines. The project holds 13.5 million tons of copper and 15.8 million ounces of gold.Supposed benefits from Mindanao mining project ,2011-9-17 · Project operator SMI has been insisting that the venture is a win-win deal for both residents and companies in the area. The Tampakan project, a joint venture of SMI, Xstrata Copper (62.5 percent), Indophil Resources NL (34.2 percent), and Alsons Corp. (3.3 percent), is still in its development stage.

  • SMI secures NCIP green light for Tampakan mine Manila

    2020-11-3 · Sagittarius Mines, Inc. (SMI) has secured the green light from the National Commission on Indigenous Peoples (NCIP) to extract minerals in ancestral domain areas covered by the Tampakan gold and copper mine project. During an Indigenous Peoples’ (IP) summit, Bae Dalena Samling, chieftain of the Danlag Tribal Council, showed the CertificationPhilippines sees over $400 mln Mining News KITCO,2021-4-19 · The project pipeline also includes the $5.9 billion Tampakan gold-copper mine development also in the south, the Philippines' biggest stalled project. Tampakan failed to take off after the provincial government banned open-pit mining in 2010,

  • Exclusive: Tampakan, other giant mines could strike gold

    2021-4-26 · Dominguez's brother Paul was the president of Sagittarius Mines, Inc. (SMI), which holds the concession to the $5.9-billion copper-gold Tampakan project, until he resigned in 2007.Catholic diocese lauds termination of mining deal in,2020-8-28 · The Tampakan Gold-Copper Project in Mindanao is the largest undeveloped copper-gold resource in Southeast Asia. It is the single largest foreign direct investment in the Philippines. On March 22, 1995, the Philippine government entered into a financial and technical assistance agreement with the mining company for US$5.9 billion.

  • Philippines sees over $400 mln Mining News KITCO

    2021-4-19 · The project pipeline also includes the $5.9 billion Tampakan gold-copper mine development also in the south, the Philippines' biggest stalled project. Tampakan failed to take off after the provincial government banned open-pit mining in 2010, prompting commodities giant Glencore to quit the project ATM Statement Anti-mining Philippines,2020-1-22 · SMI, together with the Tampakan Mining Group, is the project holder for the Tampakan copper-gold mining project. It is the largest open-pit gold project in Asia. Its operation will displace an estimated 4,000 the indigenous tribes of B'laans and about 10,000 lowland farmers from neighboring communities that rely on the nearby watershed for

  • NCIP allows Tampakan mining project in ancestral domain

    2020-10-28 · The Tampakan project has the potential to yield an average of 375,000 tons of copper and 360,000 ounces of gold in concentrate per year within the 17-year-life of the mine, which straddles theZijin Mining sets sights on Indophil chinadaily.cn,2009-12-2 · A geologist examining the drill core at the Tampakan copper and gold mine project in the southern Philippines. The project holds 13.5 million tons of copper and 15.8 million ounces of gold.

  • Supposed benefits from Mindanao mining project

    2011-9-17 · Project operator SMI has been insisting that the venture is a win-win deal for both residents and companies in the area. The Tampakan project, a joint venture of SMI, Xstrata Copper (62.5 percent), Indophil Resources NL (34.2 percent), and Alsons Corp. (3.3 percent), is still in its development stage.Indophil expects mid-July deal with Glencore on $5.9 bln,2015-7-1 · MANILA, July 1 (Reuters) Indophil Resources said a final agreement may be signed in the middle of July allowing it to take control of the long-delayed $5.9 billion Tampakan copper-gold project in the Philippines from Glencore Plc (Xetra: A1JAGV news) . Indophil, previously listed in Australia until its takeover this year by the Philippines' Alsons Group, would be able to start planning its

  • B’laans warned of mining impact

    2020-11-19 · SMI’s Tampakan project will be able to produce an average of 375,000 tons of copper and 360,000 ounces of gold in concentrate per annum within the 17 year life span of the mining Officials quash plan to develop Philippines’ biggest,2020-8-31 · If approved, the Tampakan project would be the largest copper mine in the Philippines and among the largest in the world. The site is predicted to yield an average of 375,000 tons of copper and 360,000 ounces of gold in concentrate per year over a 17-year period.

  • Exclusive: Tampakan, other giant mines could strike gold

    2021-4-26 · Dominguez's brother Paul was the president of Sagittarius Mines, Inc. (SMI), which holds the concession to the $5.9-billion copper-gold Tampakan project, until he resigned in 2007.Catholic diocese lauds termination of mining deal in,2020-8-28 · The Tampakan Gold-Copper Project in Mindanao is the largest undeveloped copper-gold resource in Southeast Asia. It is the single largest foreign direct investment in the Philippines. On March 22, 1995, the Philippine government entered into a financial and technical assistance agreement with the mining company for US$5.9 billion.

  • NCIP allows Tampakan mining project in ancestral domain

    2020-10-28 · The Tampakan project has the potential to yield an average of 375,000 tons of copper and 360,000 ounces of gold in concentrate per year within the 17-year-life of the mine, which straddles theZijin Mining sets sights on Indophil chinadaily.cn,2009-12-2 · A geologist examining the drill core at the Tampakan copper and gold mine project in the southern Philippines. The project holds 13.5 million tons of copper and 15.8 million ounces of gold.

  • B’laans warned of mining impact

    2020-11-19 · SMI’s Tampakan project will be able to produce an average of 375,000 tons of copper and 360,000 ounces of gold in concentrate per annum within the 17 Forum revived to oppose Tampakan mining project,2020-10-12 · The revived Tampakan Forum will serve as a venue for unity and systematic opposition to the Tampakan project, he said. Touted as Southeast Asia’s largest known undeveloped copper and gold minefield, the Tampakan Project has the potential of yielding per annum, an average of 375,000 tons of copper and 360,000 ounces of gold in concentrate

  • Sy eyes majority stake in Tampakan project Inquirer

    2016-12-12 · The Tampakan site is estimated to contain 15 million tons for copper and 18 million ounces of gold. While mining for now is but a small portion of the SM group’s investment portfolio—and evenGroups oppose lifting of mining ban,2021-8-14 · The groups believe that the operation of the Tampakan Copper-Gold project of Sagittarius Mines Inc. (SMI) would greatly help in mitigating the adverse effects of the Covid-19 pandemic and

  • Alsons unit to build $890-M power plant for Tampakan

    2013-3-5 · A subsidiary of listed holding firm Alsons Consolidated Resources Inc. (ACR) will build an $890-million power plant to supply the needs of the $5.9-billion Tampakan copper and gold miningAlsons Group offers to acquire Indophil for $320 M,2014-9-24 · “Tampakan is projected to produce 375,000 tons of copper and 360,000 ounces of gold per year in the initial mine-life of 17 years, with potential for mine-life extension,” Indophil said.