AngMinero
  • Home
  • News
  • Features
  • Business
No Result
View All Result
AngMinero
  • Home
  • News
  • Features
  • Business
No Result
View All Result
AngMinero
No Result
View All Result
Home Business

MGB upholds Ipilan Nickel Corp. MPSA

AngMinero News by AngMinero News
February 27, 2023
in Business, News
26 2
0
MGB upholds Ipilan Nickel Corp. MPSA
84
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter

Ipilan Nickel Corp. (INC), an affiliate of Global Ferronickel Holdings Inc. (FNI), can legally operate its mining project following the investigation sought by the Sangguniang Bayan of Brooke’s Point, the Mines and Geoscience Bureau (MGB) said.

In a disclosure to the Philippine Stock Exchange, FNI said that MGB-MIMAROPA regional director Glen Marcelo Noble wrote to Brooke’s Point vice mayor Mary Jean Feliciano, saying that FNI’s mineral production sharing agreement (MPSA No. 017-93-IV) with the government remains in force and valid until April 10, 2025.

Under the MPSA, INC is allowed to conduct responsible mining operations in the Municipality of Brooke’s Point, covering 2,835 hectares, wherein 260 hectares are partially declared as mining areas.

The letter was in response to the Sangguniang Bayan of Brooke’s Point resolution calling for an investigation after claims that the alleged renewal of the MPSA in 2018 was without the endorsement of the Municipality and that it is operating without a Certificate Precondition from the National Commission of Indigenous Peoples (NCIP) and a Protected Area Management Board (PAMB) clearance.

However, municipal mayor Cesareo Benedito Jr. wrote a letter to the counsels of INC, ordering the firm to stop operations sans a valid mayor’s permit, which ceased its validity on December 31, 2022.

Noble said that the MPSA did not expire on August 5, 2018 following the amendments made on April 10, 2000 to conform to Republic Act (RA) No. 7942 or the Philippine Mining Act of 1995.

In December 2021, the Department of Environment and Natural Resources (DENR) issued an order stating that the effective date of the same MPSA shall be reckoned from the date of the execution of the amended MPSA.

Noble further explained that INC does not need to secure a CP as the requirement only applies to applications filed after RA 8371 or the Indigenous Peoples Rights Act of 1997, was enacted.

Citing a letter by the NCIP on March 31, 2006, Noble said that INC is no longer covered as it was already awarded an MPSA four years prior to August 5, 1993.

INC, meanwhile, has concluded the process of securing a CP in preparation for the renewal of its MPSA in 2025.

MGB added that INC does not need to secure a PAMB Clearance as the MPSA predates the proposed final boundary of the Mt. Mantalingahan Protected Landscape (MMPL)

“We are awaiting the renewal of our Mayor’s Permit as we have already submitted the necessary documents and complied with all laws and regulations,” INC resident mine manager Alex Arabis said.

Tags: FNIglobal ferronickel holdings inc.Inc.Indigenous Peoples Rights Act of 1997Ipilan Nickel Corp.Mines and Geoscience Bureau. MGBMMPLMt. Mantalingahan Protected LandscapeNational Commission of Indigenous PeoplesNCIPPAMBPhilippine Mining Act of 1995Protected Area Management BoardRepublic Act No. 7942Republic Act No. 8371Sangguniang Bayan of Brooke’s Point

Related Posts

DMC Ensures Responsible Mining and Tree Replanting in Cagayan Valley
News

DMC Ensures Responsible Mining and Tree Replanting in Cagayan Valley

June 17, 2025
Lepanto Net Income Soars to PHP659 Million on Gold Output Growth, High Prices
News

Lepanto Net Income Soars to PHP659 Million on Gold Output Growth, High Prices

June 17, 2025
OGPI Strengthens Local Ties with PHP48.5M Remittance to Nueva Vizcaya
News

OceanaGold Allocates PHP280 Million for Exploration in Didipio Area

June 17, 2025
PNIA seeks to join int’l industry group
News

PNIA Welcomes Removal of Ore Export Ban in Final Mining Fiscal Reform Bill

June 17, 2025
Senate Ratifies Fiscal Reform Bill for Large-Scale Metallic Mining
News

Senate Ratifies Fiscal Reform Bill for Large-Scale Metallic Mining

June 17, 2025
Semirara Mining sees improved earnings in H2 amid stable coal prices
News

SMPC Secures Amended ECC for Semirara Coal Mine Expansion

June 13, 2025

FEATURED POST

DMC Ensures Responsible Mining and Tree Replanting in Cagayan Valley

DMC Ensures Responsible Mining and Tree Replanting in Cagayan Valley

June 17, 2025
Lepanto Net Income Soars to PHP659 Million on Gold Output Growth, High Prices

Lepanto Net Income Soars to PHP659 Million on Gold Output Growth, High Prices

June 17, 2025
OGPI Strengthens Local Ties with PHP48.5M Remittance to Nueva Vizcaya

OceanaGold Allocates PHP280 Million for Exploration in Didipio Area

June 17, 2025
PNIA seeks to join int’l industry group

PNIA Welcomes Removal of Ore Export Ban in Final Mining Fiscal Reform Bill

June 17, 2025

EDITOR PICK'S

DMC Ensures Responsible Mining and Tree Replanting in Cagayan Valley

June 17, 2025

Lepanto Net Income Soars to PHP659 Million on Gold Output Growth, High Prices

June 17, 2025

OceanaGold Allocates PHP280 Million for Exploration in Didipio Area

June 17, 2025

PNIA Welcomes Removal of Ore Export Ban in Final Mining Fiscal Reform Bill

June 17, 2025

Senate Ratifies Fiscal Reform Bill for Large-Scale Metallic Mining

June 17, 2025

SMPC Secures Amended ECC for Semirara Coal Mine Expansion

June 13, 2025

Australian Mining Delegation to Visit Philippines in Late 2025 Amid Renewed Sector Interest

June 11, 2025

Recent News

DMC Ensures Responsible Mining and Tree Replanting in Cagayan Valley

DMC Ensures Responsible Mining and Tree Replanting in Cagayan Valley

June 17, 2025
Lepanto Net Income Soars to PHP659 Million on Gold Output Growth, High Prices

Lepanto Net Income Soars to PHP659 Million on Gold Output Growth, High Prices

June 17, 2025

Category

  • Business
  • Features
  • News
  • Uncategorized

Follow us

  • Setup menu at Appearance » Menus and assign menu to Footer Navigation

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.

No Result
View All Result

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.

Login to your account below

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In