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STATE-RUN Philippine Mining Development Corp. (PMDC) has opened for bidding the rights to explore and develop six quarrying and three mining projects covering almost 10,000 hectares (has.) nationwide.
"The PMDC invites all interested Filipino corporations to apply for eligibility and submit sealed bid proposals for a joint operating agreement for the exploration, development and mining operations of the PMDC’s mining properties," the government firm said on its Web site.
Mining properties up for sale are the 240-ha. Lagonoy chromite project in Camarines Sur, the 104.89-ha. Itogon gold project in Benguet, and the 90-ha. Toledo copper project in Cebu.
Meanwhile, state quarrying properties to be auctioned off are the 4,795-ha. Pinamungahan limestone project in Cebu, the 3,100-ha. Guihulngan limestone project in Negros Oriental, the 549-ha. Toledo limestone project in Cebu, the 332-ha. Bulacan silica project in Bulacan, the 115.22-ha. Talibon silica project in Bohol, and the 27-ha. Bulacan "marblelized" limestone project in Bulacan.
Source: October 22, 2009 | MANILA, PHILIPPINES BusinessWorld Online
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