Deal #8874

Philippines

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Created at

2021-08-10

Last update

2023-01-26

Last full update

2023-01-25

Land area

Size under contract (leased or purchased area)

[2021, current] 248.99 ha

Size in operation (production)

[2021] 248.99 ha
[2021-01-30, current] 697 ha

Comment on land area

Cagdianao Mining Corporation (CMC) said it has paid PHP43 million in annual business tax to the local government of Cagdianao in Dinagat Islands province, where it operates a 697-hectare nickel mine.

Intention of investment

[2021, current] Mining (248 ha)

Nature of the deal

Exploitation permit / license / concession (for mineral resources)

Negotiation status

[2007-06-08, current] Concluded (Contract signed)

Implementation status