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 News

Runruno Gold project spurs socioeconomic progress in Nueva Vizcaya

AngMinero News by AngMinero News
March 6, 2025
in News
28 0
0
FCF’s CSR project awarded ‘Best Mining Forest Program’
84
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter

The Runruno Gold Project has propelled Quezon town in Nueva Vizcaya from a fourth-class municipality to first-class status, underscoring the significant socioeconomic benefits brought by FCF Minerals Corporation.

In a report by the Inquirer, Quezon town Mayor Dolores Binwag credited FCF for its role in enhancing public services and community welfare. She highlighted that all barangays, apart from Runruno, directly benefit from the national wealth share derived from FCF’s excise tax payments. These funds have been allocated to essential infrastructure projects, including a Php 150 million road initiative.

The project’s impact extends to education, with FCF’s scholarship programs enabling many students to complete their studies despite financial challenges. Binwag acknowledged that the initiative has helped transform the lives of young residents by providing them with greater career opportunities.

FCF Minerals, a subsidiary of London-listed Metals Exploration Plc., has been a key driver of local development through infrastructure projects, job creation, education programs, and healthcare initiatives. The company’s operations have substantially contributed to the town’s economic progress.

Nueva Vizcaya Provincial Planning and Development Officer Edgardo Sabado emphasized the employment opportunities generated by the mining project. He noted that 97% of FCF’s workforce consists of local residents, making the company a crucial contributor to household incomes and the municipal economy.

FCF’s commitment to responsible mining has earned it national recognition. The company has received the Presidential Mineral Industry Environmental Award for three consecutive years, along with accolades for maintaining the safest mining and surface mining operations at the 70th National Mine Safety and Environment Conference in Baguio City.

Metals Exploration and FCF CEO Darren Bowden, reaffirmed the company’s dedication to safety, sustainability, and community development. He emphasized that FCF remains focused on improving the quality of life for host communities while ensuring environmentally responsible mining practices.

As Quezon reaps the long-term benefits of the Runruno Gold Project, the town’s transformation highlights the potential of sustainable mining to drive regional progress. Stakeholders are encouraged to support responsible resource development that balances economic growth with environmental and social responsibility.

Tags: FCF Minerals CorporationminingRunruno Gold Project

Related Posts

FNI legal team earns top honors at 2025 ALB Philippine Law Awards
News

FNI legal team earns top honors at 2025 ALB Philippine Law Awards

October 16, 2025
Apex Mining resumes full operations after Davao earthquake suspension
News

Apex Mining resumes full operations after Davao earthquake suspension

October 15, 2025
Davao de Oro halts all mining after 7.4 quake to ensure worker safety
News

Davao de Oro halts all mining after 7.4 quake to ensure worker safety

October 13, 2025
Mining sector pools PHP 3.5M in aid for Masbate after Typhoon Opong
News

Mining sector pools PHP 3.5M in aid for Masbate after Typhoon Opong

October 13, 2025
Apex Mining suspends Davao de Oro operations after 7.4 magnitude quake
News

Apex Mining suspends Davao de Oro operations after 7.4 magnitude quake

October 13, 2025
Hallmark Mining Corp. vows to protect Mt. Hamiguitan, jobs
News

Hallmark Mining Corp. vows to protect Mt. Hamiguitan, jobs

October 9, 2025

FEATURED POST

SMPC declares PHP1.25 special cash dividend, total 2025 payout at PHP13.8B

SMPC declares PHP1.25 special cash dividend, total 2025 payout at PHP13.8B

October 20, 2025
FNI legal team earns top honors at 2025 ALB Philippine Law Awards

FNI legal team earns top honors at 2025 ALB Philippine Law Awards

October 16, 2025
Apex Mining resumes full operations after Davao earthquake suspension

Apex Mining resumes full operations after Davao earthquake suspension

October 15, 2025
Davao de Oro halts all mining after 7.4 quake to ensure worker safety

Davao de Oro halts all mining after 7.4 quake to ensure worker safety

October 13, 2025

EDITOR PICK'S

SMPC declares PHP1.25 special cash dividend, total 2025 payout at PHP13.8B

October 20, 2025

FNI legal team earns top honors at 2025 ALB Philippine Law Awards

October 16, 2025

Apex Mining resumes full operations after Davao earthquake suspension

October 15, 2025

Davao de Oro halts all mining after 7.4 quake to ensure worker safety

October 13, 2025

Mining sector pools PHP 3.5M in aid for Masbate after Typhoon Opong

October 13, 2025

Apex Mining suspends Davao de Oro operations after 7.4 magnitude quake

October 13, 2025

Hallmark Mining Corp. vows to protect Mt. Hamiguitan, jobs

October 9, 2025

Recent News

SMPC declares PHP1.25 special cash dividend, total 2025 payout at PHP13.8B

SMPC declares PHP1.25 special cash dividend, total 2025 payout at PHP13.8B

October 20, 2025
FNI legal team earns top honors at 2025 ALB Philippine Law Awards

FNI legal team earns top honors at 2025 ALB Philippine Law Awards

October 16, 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