NiHAO Unit Gets Permit To Develop Zambales Mining Claim
DJ NiHAO Unit Gets Permit To Develop Zambales Mining Claim >NI.PH
NiHAO Mineral Resources International Inc. (NI.PH) said Monday its wholly owned subsidiary, Mina Tierra Garcia Inc., has signed a mineral production sharing agreement with the government that allows it to explore and develop a 5,081-hectare mining claim in Zambales province, north of Manila.
The claim, across Iba and Botolan towns, contains potential sources of nickel, cobalt, chromite and other mineral deposits.
The agreement has a 25-year term that could be renewed for another 25 years.
-By Cris Larano, Dow Jones Newswires
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Zambales Gov. Amor Deloso and the provincial mining regulatory board (PMRB) approved on Tuesday the three small-scale mining permits (SSMPs) of the subsidiaries of the NiHAO Mineral Resources International Inc.
Mistulang mining capital ang Zambales. Noong panahon ng panunungkulan ni Governor Vic Magsaysay, malalaking minahan lamang ang namamayagpag. Pero sa ilalim ng kasalukuyang lokal na pamunuan ni Governor Amor Deloso, mas pinaigting ang kampanya para sa pagsusuporta hindi lamang sa malalaking minahan kundi maging sa small-scale mining o SSM.
Labels: mining activities, nihao, zambales
posted by OlongapoCity Zambales at
9:38 PM
1 Comments:
This is not necessarily good news. Its better to have a few large companies than many small scale companies. For one , smaller companies tend to destroy the environment more than large companies. Smaller means employing less qualified technical people and lesser concern in addressing environmental issues. And if something goes wrong , we can run after the large one. The smaller ones will just pack up.
By
Anonymous, at 2/24/2010 10:21 PM
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