Deal #412

Location #1

Spatial accuracy level
Coordinates
Location
Zamboanga del Norte, Siocon

Latitude
7.740759704429837
Longitude
122.25465738696289
Target country
Philippines
Area in operation
Comment on location
Zamboanga del Norte, near Siocon; Area in operation detected on satellite image on google maps/openstreet map: Google satellite image source: CNES/Airbus, DigitalGlobe, Landsat/ Copernicus, Kartendaten 2019; Date of digitalizing: 2019/01/31

Land area

Size under contract (leased or purchased area, in ha)
[1996] 32400
Size in operation (production, in ha)
[2004] 508
Comment on land area
508 ha is the size of the mine, the 32400 the size of the exploitation licence.

Intention of investment

Intention of investment
Mining

Negotiation status

Negotiation status
[1996] Concluded (Contract signed)

Implementation status

Implementation status
Project not started
In operation (production)
[2014] Project abandoned
Comment on implementation status
(2015) Last shipment of copper has already been sent and the mine has plans for mine-decommissioning. (2014) TVIRD "has stopped milling operations at its Canatuan mine after having exhausted its remaining stockpile, pending the results of assessing various mine life extension and expansion opportunities."

Contract #1

Duration of the agreement (in years)
25

Operating company

Comment on investment chain
Domestic partners: DACON (DMCI Group of Companies)

 

Network of parent companies and tertiary investors/lenders. Please right-click the nodes to get more details.

Legend
  • Is parent company of
  • Is tertiary investor/lender of
  • Left-click to reveal related parent companies and tertiary investors/lenders.
  • Right-click on investors to get more information.
  • Left-click to hide related parent companies and tertiary investors/lenders.

Data source #1

Data source type
Company sources
File

Data source #2

Data source type
Personal information
Includes in-country-verified information
Yes

Data source #3

Data source type
Company sources
File

Data source #4

Data source type
Media report
File

Data source #5

Data source type
Company sources
File
Date
2009-11-30

Data source #6

Data source type
Company sources
File
Date
2013-04-01

Data source #7

Data source type
Media report
File
Date
2013-02-07

Data source #8

Data source type
Media report
File
Date
2014-02-05

Data source #9

Data source type
Media report

Promised or received compensation

Promised compensation (e.g. for damages or resettlements)
work or jobs; there are some who were employed but their compensations were delayed. Environmental protection. Community development.

Former land use

Former land use
Smallholder agriculture

Former land cover

Former land cover
Cropland

Detailed crop, animal and mineral information

Resources area
Copper, Silver, Zinc, Gold

Use of produce

Has export
Yes

Overall comment

Overall comment
Import of error check - Coordinator's overview comment: Issues with source and request from Oxfam Ph CLT to exclude mining cases. Column W: 1 (public) – listed on TSX. Resolve. Import of error check - Reviewer's overview comment: Not to be included? See comment of Kalayaan in the email send to Madelon 3 November 2011. Cannot access governmetn website provided. Import of other remarks regarding the investment: Q20. the mining area of Canatuan is the sacred mountain of the Subanen tribe. It is where they conduct rituals during various occassions. A portion of that mountain specifically the foot part are agricultural farms of the Subanen people.

March 5, 2019, 3:49 p.m.

overwritten

This version

Compare with previous version

March 5, 2019, 3:49 p.m.

overwritten

Show this version

Compare with previous version

Jan. 10, 2019, 3:31 a.m.

overwritten

Show this version

Compare with previous version

Aug. 24, 2015, 11:14 p.m.

overwritten

Show this version

Compare with previous version

March 11, 2013, 12:36 p.m.

overwritten

Show this version

Compare with previous version

Feb. 15, 2013, 4:59 p.m.

active

Show this version

First version

There are no comments to this deal yet.

Add a comment

(mandatory)
(mandatory)
(mandatory)

I've read and agree to the Data Policy.