Silangan Mindanao Mining Company, Inc.

Verified Employer

This seal certifies that the information and activity of this Employer has been carefully verified by BestJobs.

Located in Surigao del Norte, Northern Mindanao in the Philippines, the Silangan Project combines the development of the Boyongan and Bayugo deposits, which is comprise of gold, copper and silver. In February 2009, Philex Mining consolidated its interest in the Silangan Project by purchasing the remaining 50% equity interest held by Anglo American Exploration BV and Anglo American Exploration (Philippines) Inc. for a consideration of US$55 million. The Silangan Project comprising the Boyongan-Bayugo deposits is covered by MPSA-149-99-XIII and EP-XII-03. The exploration efforts for 2011 in the Silangan Project focused on three major objectives: (1) the formal declaration of mineral resource complaint with the Philippine Mineral Resource Code (PMRC); (2) the development of the Exploration Decline aimed at reaching the deposits at depth for further assessment; and (3) initiation of engineering studies and development infrastructure in support of the Feasibility Study.

Caraga
Other
Unspecified

Your opinion counts

Your opinion matters to millions of people. Rate this company anonymously!

Rate company