The Tampakan deposit is a large copper and gold orebody located in the south of the Philippines in Tampakan, South Cotabato.Tampakan represents one of the largest copper resources in the Philippines and in the world having an estimated resource of 2.94 billion tonnes of ore grading 0.6% copper. Despite being awarded its permit in 1995, the company but has never begun operations. The 60% non-controlling equity shareholders are Tampakan Mining Corp. and Southcot Mining Corp., known as the Tampakan Group of Companies. “The court decision affirms the autonomy of local governments over the stewardship and protection of the environment as enshrined in the law,” she said. For 2016, the key objective of SMI’s Work Plan is:
The high-sulphidation epithermal mineralisation occurs as veins, fractures, vug-fills or as disseminations at deeper levels. Besides, Tampakan is considered a watershed area and is the headwater source of five major rivers in the province of South Cotabato and Sultan Kudarat. He added it’s also in line with a 2017 order from the Department of Environment and Natural Resources, “Banning the Open-pit Method of Mining for Copper, Gold, Silver and Complex Ores in the Country.”, Peña noted the ban is also part of “a global trend, with governments across the globe asserting domestic environmental regimes to stall or stop open-pit mining.”. Tampakan, officially the Municipality of Tampakan (Hiligaynon: Banwa sang Tampakan; Cebuano: Lungsod sa Tampakan; Tagalog: Bayan ng Tampakan), is a 2nd class municipality in the province of South Cotabato, Philippines. If developed, the mine would be the largest in the Philippines and among the largest copper mines in the world. DIGOS CITY - "Essentially, those who embraced the mining project did so because of the failure of the government to provide basic social services such as education, health and road networks. 1985 – 1990
Gov't neglect allowed easy entry of Tampakan miner in communities, mission asserts. These claims were later assigned to the specific holders which included: Southcot Mining Corporation In its Aug. 10 resolution, the municipal council announced it was no longer interested in reviewing or updating the 2009 MPA with the company, but was still open to creating or formulating a new agreement, which meant SMI could still pursue the $5.9 billion Tampakan project under a new municipal agreement. Under its 2014 Work Plan SMI focused working with the National Government and other stakeholders in clearing a pathway for the Project to progress through a stage where Shareholders have the option to commit to a Final Investment Decision (FID) and the National Government is in a position to issue a Declaration of Mine Project Feasibility (DMPF). It contains information about the historical background of the municipality. Jerome Millan, director of the diocese’s Social Action Center, welcomed the court’s decision as “an answered prayer.”. The site represents one of the largest undeveloped copper-gold deposits in the Southeast Asia-Western Pacific region, containing 15 million tonnes of copper and 17.6 million ounces of gold at a 0.2% cut-off grade. The Tampakan Copper-Gold Project ( TCGP ) The Tampakan Copper-Gold deposit is one of the largest undeveloped copper-gold deposits in the world. The project has suffered a series of delays since 2010 due to regulatory and political hurdles. The ruling comes two months after councilors in Tampakan, where the deposits are located, terminated the town’s municipal principal agreement (MPA) with SMI. In November 1990, Western Mining Corporation (WMC), an Australian company, signed an Option Agreement with the TGC. Its local subsidiary Sagittarius Mining International (SMI) has ploughed $350 million into the $5.9 billion Tampakan project, which it describes as one of the world's largest undeveloped copper-gold deposits. The 60% non-controlling equity shareholders of SMI are the Tampakan Mining Corporation and Southcot Mining Corporation (known as the Tampakan Group of Companies). lems and challenges in the Tampakan mining area and in mining contexts in general. In 2012 at least 24 indigenous persons were killed by the army. The excavation itself will break into, disrupt, de-water and degrade the aquifer in the area.”. Polomolok History and Profile. In August 2013, the SMI Board approved a Revised Work Program (RWP) for the Tampakan Project. Cerilo Casicas, the Bishop of Marbel, in a virtual forum yesterday. Tampakan is on the southern Philippine island of Mindanao in the province of South Cotabato, roughly 40km north of General Santos city. 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More than 870 households, 582 of which are B’laan indigenous peoples’, will be directly affected by the open-pit Tampakan Mining Project should it be given a permit to operate in South Cotabato, said Fr. The Tampakan Mining Project has been one of the suspended mining operations in 2016 by Department of Environment and Natural Resources (DENR) under the then Secretary Gina Lopez. If approved, the mine is estimated to yield an average of 375,000 tonnes per annum of copper and 360,000 ounces per annum of gold in concentrate over 17 years. On November 8, 2020, members of the Sagittarius Mines, Inc. SMI Alumni Scholars Association headed by DepEd Teacher Pinky Simbag trooped to Sitio Logdeck, one of the more secluded areas in Barangay Tablu,� Tampakan, South Cotabato, to conduct a... SMI received the Presidential Mineral Industry Environmental Award in 2006, 2009, 2010, 2011, 2012, and 2013. But the recent court ruling makes that prospect less likely. The dismissed petition was filed by the original Tampakan concession holders from the 1980s, SouthCot Mining Corp. and Tampakan Mining Corp., along with the government-recognized “Indigenous cultural communities” of Bongmal, Danlag and Fulo Bato. In February 2013, the Government issued the mine ECC, and SMI signed the ECC in August 2013 subject to Philippine laws. 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