In 1996, Philnico and Nonoc Mining Industrial Corporation (MNIC) endered into an Amended Restated Definite Agreement which was amended in 1999 …
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On February 27, 1987, PNB and DBP, pursuant to Proclamation No. 50 as amended, again assigned, transferred and conveyed to the National Government thru the Asset Privatization Trust (APT) all its existing rights and interest over the assets of Marinduque Mining, earlier assigned to Nonoc Mining and Industrial Corporation, Maricalum Mining ...
Philnico, formerly Nonoc Mining and Industrial Corp., is a nickel processing plant on Nonoc Island, Surigao City, which started operation in 1975 but was forced to cease …
Industrial minerals included asbestos, gypsum, limestone, marble, phosphate, salt, and sulfur. Mineral fuels included coal and petroleum. In 1988 the Philippines was the sixth largest producer of chromium in the world and ranked ninth in gold production and tenth in copper production. The country's nickel-mining company, Nonoc Mining and ...
It appears that the United Lumber and General Workers of the Philippines (ULGWP) had a judgment of P10,660,264.09 against Marinduque Mining and Industrial Corporation (hereinafter referred to as Marinduque Mining) and Nonoc Mining and Industrial Corporation. 2 On April 25, 1992, Labor Arbiter Marissa Macaraig-Guillen issued a writ …
On September 13, 1984, Remington filed a second amended complaint to include as additional defendant, the Nonoc Mining and Industrial Corporation (Nonoc Mining).
Other specific programs under this phase are to bid out national government mining assets under the Privatization Management Office and Philippine Mining Development Corp. within three years ...
Although the sector of the mining industry is considered as one of the backbones of the Philippine economy, mining companies compete for profit by exploiting and destroying natural resources.
The local government of Surigao cannot sell the equipment turned over by Philnico Industrial Corp. in 1999, the Privatization and Management Office (PMO) said late Monday. The machines are part of a payment restructuring deal entered into by Philnico that covers government's share in Nonoc Mining and Industrial Corp. and thus cannot …
The two banks then created Nonoc Mining and Industrial Corp. (NMIC) and ceded the area to the company to protect the assets from deteriorating while waiting for investors and for the market ...
Before Philnico, the project belonged to the Nonoc Mining and Industrial Corporation, a firm that was turned over to the now-defunct Asset Privatization Trust …
These assets include the following: the copper-gold project of the Maricalum Mining Corp. (Maricalum Mining) in Negros Occidental; the nickel mines of the Nonoc Mining and Industrial Corp. (Nonoc ...
The Privatization and Management Office, or PMO, said the machineries and equipment in Nonoc Island are part of the restructured payment by Philnico Industrial …
The Development Bank of the Philippines and Philippine National Bank, by virtue of foreclosure proceedings, became the holders of all the shares of stock in PPC (then still the Nonoc Mining and Industrial Corporation).
Nonoc Mining Industrial Corporation - Facebook
Nonoc was originally developed as an integrated mine and refinery treating the mining reserve on Nonoc Island using the modified Caron Process developed by Sherritt Gordon Mines of Canada.
San Miguel is either still talking or had entered into an agreement with the controlling owners of the mining firm behind Nonoc Refinery project in Surigao
MANILA, Philippines - Food-to-infrastructure conglomerate San Miguel Corp. said yesterday it was in talks with Philnico Mining & Industrial Corp. for a possible investment in the mothballed Nonoc ...
Industrial Corp. (Nonoc Mining) in Surigao del Norte and the gold- and copper-rich North Davao Mining Property (North Davao Mining) in Davao del Norte as among the idle mining assets held by the government that have long been under litigation.
Food-to-infrastructure conglomerate San Miguel Corp. said yesterday it was in talks with Philnico Mining & Industrial Corp. for a possible investment in the …
For mining, San Miguel is eyeing to acquire a controlling stake in Nonoc Mininc and Industrial Corp. that owns a nickel mine in Surigao.
WHEREFORE, judgment is hereby rendered in favor of the plaintiff, ordering the defendants Marinduque Mining & Industrial Corporation, Philippine National Bank, Development Bank of the Philippines, Nonoc Mining and Industrial Corporation, Maricalum Mining Corporation [petitioner], Island Cement Corporation and Asset …
Commercial law republic of the philippines supreme court manila first division no. 167530 march 13, 2013 philippine national bank, petitioner, vs. hydro
The Privatization and Management Office, or PMO, said the machineries and equipment in Nonoc Island are part of the restructured payment by Philnico Industrial Corp. for the government's share in the Nickel refinery plant Nonoc Mining and Industrial Corp. and thus cannot be put on the auction block.
Billiton Marketing & Trading BV and John A. Nash Ltd intend to provide Philnico Mining & Industrial Corp with $US100 million to restore the nickel refinery of Nonoc ...
As a result, the banks acquired MMIC's assets and established Nonoc Mining and Industrial Corporation (NMIC), owning 57% and 43% respectively. The NMIC board consisted of representatives from DBP and PNB.
Clariden, through its indirect beneficial ownership in Philnico Industrial Corporation ("PIC"), Pacific Nickel Philippines, Inc. ("PNPI"), and Philnico Processing Corp. ("PPC"), holds mining rights over an area of approximately 23,877 hectares located in the islands of Nonoc, Hanigad, and Awasan, Surigao City; and Basilisa and Cagdianao, Dinagat …
Although the sector of the mining industry is considered as one of the backbones of the Philippine economy, mining companies compete for profit by exploiting and destroying natural resources. In ...
The Development Bank of the Philippines and Philippine National Bank, by virtue of foreclosure proceedings, became the holders of all the shares of stock in PPC (then still the Nonoc Mining and Industrial Corporation).
The Development Bank of the Philippines and Philippine National Bank, by virtue of foreclosure proceedings, became the holders of all the shares of stock in PPC (then still the Nonoc Mining and Industrial Corporation).� The banks eventually transferred their PPC shares of stock to PMO (then still the APT) in 1987.
