State-run Philippine Mining Development Corp. has chosen a unit of Century Peak Metal Holdings Corp. as its operating partner for its limestone property in Cebu.
Century Peak Corp. has received a notice of award from the state-run firm, Century Peak Metal told the Philippine Stock Exchange on Wednesday. This allows Century Peak to undertake the exploration, development, and mining operations of the 4,795-hectare Pinamungahan limestone property.
At present, Century Peak holds a mineral production sharing agreement and an exploration permit for nickel ore in Dinagat province.
It also has a pending exploration permit in Iwahig, Puerto Princesa, which covers 5,135 hectares
Source: ABS-CBN
No comments:
Post a Comment