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San Miguel eyes Nonoc nickel project | Philstar

MANILA, Philippines - Food-to-infrastructure conglomerate San Miguel Corp. said yesterday it was in talks with Philnico Mining & Industrial Corp. for a possible investment in the mothballed Nonoc ...

Seeing Green: The Return of Mining Philippines

After a three-year pause from face-to-face events due to the COVID-19 pandemic, this year, the Chamber of Mines of the Philippines (COMP) returned with the much-awaited mining event in the country -- The Mining Philippines 2023 International Conference and Exhibition. The event was held last Sept. 19-20, 2023 at the EDSA …

TRO stops Surigao City from selling national gov't mining …

The Privatization and Management Office, or PMO, said the machineries and equipment in Nonoc Island are part of the restructured payment by Philnico Industrial Corp. for the government's share in the Nickel refinery plant Nonoc Mining and Industrial Corp. and thus cannot be put on the auction block.

G.R. No. 167530. March 13, 2013 (Case Brief / Digest)

established Nonoc Mining and Industrial Corporation (NMIC), owning 57% and 43% respectively. The NMIC board consisted of representatives from DBP and PNB. NMIC contracted Hercon, Inc. for a Mine Stripping and Road Construction Program in 1985 valued at P35,770,120. After payments and credits, NMIC owed Hercon …

CLARIDEN HOLDINGS, INC.

Philnico Mining and Industrial Corporation) acquired 90% of the shares of stock and certain receivables of the Republic of the Philippines ("ROP") in PP (formerly, the Nonoc Mining and Industrial orporation) through an Amended and Restated Definitive Agreement ("ARDA") with the ROP, acting through the

San Miguel eyes nickel refinery in Surigao

"We advise that the company is in talks with the controlling stockholders of Philnico Mining Corp. and evaluating the viability of investing in the Nonoc Mining project," Constantino said in ...

Top 10: World's Largest Nickel Mines | Mining Digital

Russia, through its mining company Norilsk Nickel, is another major player. Australia and Canada also maintain substantial nickel mining operations. ... Mining Corporation is one of the three companies in the Philippines mining nickel oxide ores (the other two being Nonoc Mining and Industrial Corporation and Hinatuan Mining …

G.R. No. 167530

However, APT, as trustee of NONOC MINING AND INDUSTRIAL CORPORATION is directed to ensure compliance with this Decision. [24] DBP and PNB filed their respective appeals in the Court of Appeals. Both insisted that it was wrong for the RTC to pierce the veil of NMIC's corporate personality and hold DBP and PNB solidarily liable with NMIC.

San Miguel eyes Nonoc nickel project | Philstar

Located on Nonoc Island off Surigao City, the Nonoc mine is believed to hold one of the biggest nickel and cobalt resources in Southeast Asia. It ceased operations in …

CVMR hopes to seal Philippine nickel deal in weeks | Reuters

Canada's Chemical Vapour Metal Refining Inc. (CVMR) said on Friday it was close to finalising a deal with Philnico Industrial Corp. to reopen the Nonoc nickel mine in the south of the Philippines.

San Miguel expansion binge extends to cement, …

For mining, San Miguel is eyeing to acquire a controlling stake in Nonoc Mininc and Industrial Corp. that owns a nickel mine in Surigao.

G.R. NO. 167530

WHEREFORE, in view of the foregoing, judgment is hereby rendered in favor of the plaintiff HYDRO RESOURCES CONTRACTORS CORPORATION and against the defendants NONOC. MINING AND INDUSTRIAL CORPORATION, DEVELOPMENT BANK OF THE PHILIPPINES and PHILIPPINE NATIONAL BANK, ordering the aforenamed defendants, …

MARICALUM MINING CORPORATION, Petitioner, vs. REMINGTON INDUSTRIAL

By way of Petition for Review on Certiorari under Rule 45 of the Rules of Court, Maricalum Mining Corporation (petitioner) assails before this Court the February 10, 2003 Decision [1] and May 21, 2003 Resolution [2] of the Court of Appeals (CA) in CA-G.R. SP No. 65209. The facts in Development Bank of the Philippines v.Court of Appeals and Remington …

G.R. No. 158332

The complaint, docketed with the Regional Trial Court of Manila, Branch 19 (RTC) as Civil Case No. 84-25858, was amended four times to implead as co-defendants Philippine National Bank (PNB), Nonoc Mining and Industrial Corporation (Nonoc Mining), Development Bank of the Philippines (DBP), Asset Privatization Trust (APT), …

PHILNICO INDUSTRIAL CORPORATION, PETITIONER, VS.

The Development Bank of the Philippines and Philippine National Bank, by virtue of foreclosure proceedings, became the holders of all the shares of stock in PPC (then still the Nonoc Mining and Industrial Corporation). The banks eventually transferred their PPC shares of stock to PMO (then still the APT) in 1987.

DOF to untie legal knot on gov't mining assets

A memorandum by the PMO to Dominguez identified the copper-gold project of the Maricalum Mining Corp. (Maricalum Mining) in Negros Occidental, the nickel …

G.R. No. 214923

On May 2, 1997, Philnico entered into a Deed of Assignment with Pacific Nickel Philippines, Inc. (Pacific Nickel) and Nonoc Mining & Industrial Corporation (Nonoc Mining) where it assigned its mining rights to Pacific Nickel and its processing rights to Nonoc Mining, subject to the same terms and conditions under MPSA No. 072 …

G.R. No. 199420

The Development Bank of the Philippines and Philippine National Bank, by virtue of foreclosure proceedings, became the holders of all the shares of stock in PPC (then still the Nonoc Mining and Industrial Corporation). The banks eventually transferred their PPC shares of stock to PMO (then still the APT) in 1987.

Govt keen on privatizing, operating mining assets

In 1996, APT sold 22.5 million shares of stock of Nonoc Mining to Philnico Mining and Industrial Corp. (PMIC), now Philnico Industrial Corp. (PIC). The sale represented 90-percent ownership of ...

GMA orders restructuring of Philnico's $300-M debt

Philnico, formerly Nonoc Mining and Industrial Corp., is a nickel processing plant on Nonoc Island, Surigao City, which started operation in 1975 but was forced to cease operation …

Philippines

The country's nickel-mining company, Nonoc Mining and Industrial Corporation, ceased operation in March 1986 because of financial and labor difficulties. The Asset Privatization Trust, a government entity in charge of selling firms acquired by the government through foreclosure proceedings, sold Nonoc in late 1990.

Nonoc Nickel Mine Near Surigao, Philippines | The Diggings™

The Nonoc Nickel Mine is located in the vicinity of Surigao, Philippines. It was initially discovered in the year 1912, marking the beginning of its mining history. ... Browse owners by category (corporation, agency, private) By Interest Relationship. Browse owners by interest relationship (partner, holder, agent, etc.)

G.R. No. 167530

However, APT, as trustee of NONOC MINING AND INDUSTRIAL CORPORATION is directed to ensure compliance with this Decision. 24. DBP and PNB filed their respective appeals in the Court of Appeals. Both insisted that it was wrong for the RTC to pierce the veil of NMIC's corporate personality and hold DBP and PNB solidarily liable with NMIC. 25.

DOF takes steps to untie legal knot on gov't-held mining assets

Maricalum Mining, Nonoc Mining and North Davao Mining were once successful mining companies that have failed to settle their debts with government …

Development and mine operation at Rio Tuba nickel mine

Rio Tuba Nickel Mining Corporation is one of the three companies in the Philippines mining Ni oxide ores; the other two are Nonoc Mining and Industrial Corporation and Hinatuan Mining Company. It has been exporting garnieritic Ni ore to the Japanese smelters since 1977 from its mine located at Rio Tuba, Palawan.

Philippines turns to idle mining assets to raise extra revenue

The Philippine government is seeking to raise additional revenue by pushing for the resumption of operations at idle state-owned mining projects, including through the sale of its Nonoc nickel ...

DOF to untie legal knot on gov't mining assets

Nonoc Mining was acquired by the Development Bank of the Philippines (DBP) and the Philippine National Bank (PNB) in 1984 and turned over in 1987 to the then-Asset Privatization Trust (APT). In 1996, APT sold 22.5 million shares of stock of Nonoc Mining to Philnico Mining and Industrial Corp. (PMIC), now Philnico Industrial …

San Miguel OKs investment in Skyway, Star roads, Nonoc …

It also approved the company's investment in Nonoc nickel mining project. In January, San Miguel had told the exchange that it was in talks with the controlling …

The Philippines Mining Sector Review

-iii -LIST OF ANNEXES 1. Philippines -World Ranking for Selected Mine Producers 1986 2. Philippines - Value of Mine Production 1972-86 3. Philippines - Volume of Mine Production 1972-86 4. Philippines - Sales Revenues of Selected Mining Companies 1971-86

OneMine | The Marinduque Surigao Nickel Refinery

HISTORY The Surigao Nickel Refinery of Marinduque Mining and Industrial Corporation is located on Nonoc Island off the northwestern coast of Mindanao in the Philippines. …