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copper mineral resources in philippines

copper mineral resources in philippines

Investors can also avail of the incentives under the Special Economic Zone Act of 1994 if they will engage in downstream processing and be entitled to exemptions from certain national and local taxes. Under the Mining Act Income tax carry forward of losses Income tax accelerated depreciation of fixed assets Exemption from payment of real property taxes on pollution...

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Mining Companies with Large Foreign Equity 1.Benguet Corporation 40% American 2.Eldore Mining Corporation 40% Australian 3.Gold Fields Philippines Corporation 40% Australian 4.Philippine Gold Processing Refining Corporation 99.99% British 5.TVI Resource Development Philippines, Inc. 40% HongKong 6.Carrascal Nickel Corporation 40% Chinese 7.Coral Bay Nickel Corporation 100% Japanese 8.Platinum Metals Corporation 85.72% Malaysian 9.Rio Tuba Nickel Mining Corp. 40% Japanese 10.Oriental Synergy Mining Corp. 31.3% Chinese

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Filing/Renewal Fee of Mining Permits a.Application for EP and MA P 60.00/ha b.Application for TEP, SMP, SEP, GSQP or GDP P 20.oo/ha c.Application for FTAA P 60.00/ha Clearance Fee P 5,000.00/application Registration Fee a.For EP, TEP, SMP, SEP, GSQP or GDP P 5,000.00/permit b.For MA 20,000.00/contract c.For FTAA 50,000.00/contract Occupation Fee a.Formineral reservation areas P 100.00/ha b.For non mineral reservation areas P 75.00/ha Evaluation of Feasibility Study Report/ Environmental Protection and Enhancement Program P 20,000.00/study report/EPEP Application for Certificate of Environmental Management and Community Relations Records P 5,000.00/application Application for Small Scale Mining Permit  P 2,000.00/application ; P 5,000.00/application Filing for Application of Mineral Processing Permit a.Projects with investments abov...

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