Olongapo SubicBay BatangGapo Newscenter

Thursday, July 24, 2008

Mining company warns on bogus representatives

By Marvyn Benaning – Manila Bulletin

Zambales Chromite Minign Corp. Inc. (ZCMC) has warned the people about certain parties passing themselves as representatives of the firm and selling what it termed as non-existent minerals ores.

In a statement, ZCMC claimed that the company has been receiving reports from investment bank officers that a certain businesswoman from the province was trying to sell chromites from the ZCMC area.

The company maintained that it has no previous or current business or contractual relations with them and asked those approached to report the matter to the police.

Neither ZCMC nor the department of the Environment and Natural Resources (DENR) authorized anybody to extract one from or to engage in any mining activity in the area covered by the Mineral Production Sharing Agreement (MPSA) No. 005-91-111 granted by the national government to ZCMC.

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