By Bong S. Sarmiento | Saturday| February 25, 2012 | Filed under: Top Stories
KORONADAL CITY (MindaNews/24 February)—A foreign-backed gold and silver mining project in T’boli town is asking for the endorsement of the South Cotabato Sangguniang Panlalawigan (SP) to go on commercial stream, officials confirmed on Friday.
Eumir Ernesto Tiamzon, Tribal Mining Corp. president, said their application for endorsement is up for deliberation by the provincial board.
“We have presented the project as early as last year. We want to go on the production phase,” he told MindaNews.
Canadian firm Cadan Resources Inc. is a major investor in the T’boli gold-silver project. Tribal Mining was granted the Mineral Production Sharing Agreement 090-97-XI covering 84.20 hectares in 1997.
The area straddles the “minahang bayan” or small-scale mining area, covering 21 hectares, that was declared over a decade ago by the provincial government.
An endorsement from the provincial government is one of the requirements before the project can go on commercial stream, said Constancio Paye Jr., regional director of the Mines and Geosciences Bureau.
Paye said that Tribal Mining filed with the regional office late last year its “Declaration of Mining Project Feasibility” (DMPF).
“I have endorsed the T’boli gold-silver project to the main office for approval,” he said separately.
Aside from the local government units’ endorsements (provincial, town and barangay) and the approval of the DMPF, an environmental compliance certificate is required before the company can go on commercial mining activities, Paye said.
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