|Project Details||According to the company’s website, the Padcal mine was under operation since 1958 and is under 12 mineral holding agreements. An aggregate 95ha are located in Benguet province and are subject to royalties paid to indigenous claim holders .|
According to official MGB documents, as of November, 2014 the Philex Mining Corporation holds three MPSA for Copper and Gold in Tuba, Benguet, amounting to 4,928.4215ha (156-00-CAR), 2,958.1390ha (157-00-CAR) and 80.6688ha (276-2009-CAR), respectively .
According to the 2010 population census, the population of Tuba municipality amounts to around 43,000 people, while the population of Itogon municipality amounts to 56,000 persons . These numbers may serve as a very rough approximation of persons directly and indirectly affected of the large negative environmental impacts.
The Philippine company Philex Mining Corporation and its subsidiaries are involved in mining business and energy business. Philex Mining Corporation was founded in 1955 and listed in the Philippine Stock Exchange in 1956. It has several subsidiaries that operate different mines in the country . The Padcal mine, located in Benguet, producing copper, gold and silver concentrate, is one of the company’s mines. Large amounts of the copper concentrate are shipped to Japan for smelting by Pan Pacific Copper Company Limited, a joint venture between Nippon Mining Co. Ltd. and Mitsui Mining and Smelting Co. Ltd. .
As of December 31, 2014; main stockholders (larger than 5%) of Philex Mining Corporation are Asia Link B.V (20.71%), Social Security System (20.53%); PCD Nominee Corp. (20.46); Two Rivers Pacific Holding Corp. (14.96%) .
Production data for the Padcal Mine for the year before the disaster (2011), amounted to a total of around 9 million tons milled. Gold production was at 140,113 ounces for 2011, at 0.564 grams per ton; Copper production in 2011 was at 37,995,132 ounces, with Copper head grades at 0.221% .
Benguet province is a large gold producer in the country. Apart from Philex Mining Corporation, other companies are mining in the area, such as Lepanto Consolidated Mining Corporation, or Benguet Corporation. The mining firms contribute to around 98% of the province export revenues .
|Project Area (in hectares)||4,928.4215 + 2,958.1390 + 80.6688ha (Philex's MPSAs in Tuba, as of Nov. 2014)|
|Level of Investment (in USD)||unknown|
|Type of Population||Rural|
|Potential Affected Population||10,000-100,000 (directly and indirectly)|
|Company Names or State Enterprises||Philex Mining Corporation from Philippines - mining, energy|
Asia Link B. V. from Netherlands - fund management, assets
PCD Nominee Corporation from Philippines
Two Rivers Pacific Holdings Corporation from Philippines - investment
Pan Pacific Copper Co. Ltd. from Japan - mineral processing
Nippon Mining Co. Ltd. from Japan - mineral processing
Mitsui Mining and Smelting Co. Ltd. from Japan - mineral processing
|Relevant government actors||Mines and Geosciences Bureau (MGB); |
Department of Environment and Natural Resources (DENR)
Environment and Management Bureau (EMB)
|International and Financial Institutions||Development Bank of the Philippines from Philippines|
Social Security System Philippines from Philippines
|Environmental justice organisations and other supporters||Kalipunan ng mga Katutubong Mamamayan ng Pilipinas (KAMP); Pangbasan Goldpanners and Fisherfolks Livelihood Association; The Catholic Bishops Conference of the Philippines – National Secretariat for Social Action, Justice and Peace (CBCP-NASSA); Climate Change Congress of the Philippines (CCCP); Philippine Misereor Partnership Inc. (PMPI) and it Northern Luzon Cluster; Peace Foundation, Inc.; Pambansang Kaisahan ng mga Magbubukid ng Pilipinas (PKMP); Katribu Indigenous Peoples' Partylist; Cordillera Peoples Alliance (CPA); Caritas Baguio; Community Volunteer Missioners (CVM); Kalikasan People’s Network for the Environment; Center for Environmental Concerns Philippines; Advocates of Science and Technology for the People (Agham); Philex Watch, and others.|