Berong nickel project gets support from gov’t
TOLEDO Mining Corp. said that its Berong Nickel Project had been granted priority development status by the Mines and Geosciences Bureau (MGB) under the Mining Revitalization Program of the Philippines.
This means the company can expect full support for any government documents required and speedy resolution of any holdups in the developments of its mines.
CEO George Bujtor said, “The full support of The Department of Environment and Natural Resources (DENR) has enabled the rapid development of the Berong Nickel Project, and the granting of priority project status will help us to maintain our momentum as we build production to one million dmt per year”.
The Berong Nickel Project is a joint venture between Toledo Mining Corp. PLC, Atlas Consolidated Mining & Development Corp., and Investika Ltd.
Commercial mining operations are expected to commence in Nov./ Dec., dependent on attaining the necessary final approvals from the government.
