AMC 2011_The PH Role in Shaping the Future of Global Mining Industry

The Philippines’ role in shaping the future of the global mining Industry

Speaker:

Hon. Ramon Paje

Secretary

Department of Environment and Natural Resources, Philippines

Ministerial keynote

RAMON J. P. PAJESecretary

Department of Environment and Natural ResourcesRepublic of the Philippines

ASIA MINING CONGRESS 2011April 5, 2011

Singapore

PHILIPPINES

PORPHYRY COPPER

BELTS

PORPHYRY COPPER

BELTS

MINERAL RESOURCES

DENR, Republic of the Philippines

Metallic• Gold• Copper • Nickel• Iron• Chromite

Non-Metallic• Sand & gravel• Limestone• Marble• Clay

3rd biggest producer of nickel ore in 2010


PRINCIPLES OF SUSTAINABLE DEVELOPMENT


RESPONSIBLE MINING

2008 2009 2010 (est)

Gross Production

Value

PhP 87.0 B

(US$ 1.95 B)

PhP 106.1 B

(US$ 2.23 B)

PhP 138.5 B

(US$ 3.08 B)

Contribution to GDP

(current prices)

PhP 89.5 B

(US$ 2.01 B)

(1.2%)

PhP 97.1 B

(US$ 2.04 B)

(1.3%)

PhP 110.4 B

(US$ 2.45 B)

(1.4%)

Total Exports of

Minerals and Mineral

Products

US$ 2.48 B

(5.2%)

US$ 1.47 B

(3.9%)

US$ 2.98 B

(5.4%)

Taxes, Fees and

Royalties

PhP 7.69 B

(US$ 0.18 B)

PhP 12.38 B

(US$ 0.26 B)

PhP 12.50 B

(US$ 0.27 B)

Employment in Mining

(incldg. Quarrying)158,000 166,000 212,000


INDUSTRY GROWTH


Gross Production Value 39%

Gold 11%

Copper 16%

Nickel 59%

1 Chromite Mine

• Redondo Mine (Krominco, Inc.)

6 Gold Mines• Victoria/Teresa Gold Project (Lepanto)

• Maco Gold Mine (Apex Mining)

• Banahaw Gold Project (Philsaga Mining)

• Masbate Gold Project (Filminera/CGA)

• Acupan Gold Operations (Benguet Corp)

• Paracale Gold Project (Johson Gold Mining)

3 Copper Mines• Padcal Copper Mine (Philex)

• Carmen Copper Mine (Atlas/CCC)

• Canatuan Copper Mine (TVI)

1 Polymetallic Mine

• Rapu-Rapu Mine

Copper

Gold

Chromite

Polymetallic


16 Cement Plants

11 Nickel Mines Rusina Mining- Sta

Cruz, Zambales

Berong Nickel-Quezon, Palawan

Rio Tuba Mining-Bataraza, Palawan

Cagdianao Mining -Dinagat Island

Hinatuan Mining -Surigao del Norte

CTP- Surigao del Sur

Platinum Group –Surigao del Norte

SR Metals - Tubay, Agusan del Norte

Carrascal Mining-Surigao Sur

Oriental Synergy –Surigao del Norte

Taganito Mining-Surigao del Norte

1 Copper Smelter (PASAR)2,500+ Non-metallic Mines/Quarries and

small-scale mines

• 1 Nickel Processing Plant

• Coral Bay Nickel Corporation

Nickel Processing Plant

Nickel Mine

Copper Smelter


√ From 2004 to 2010: $3.835 Billion

200.47

457.15

190.33

708.40

604.17

719.51

955.86

-

500

1,000

1,500

2,000

2,500

3,000

3,500

2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

in M

$


OPERATING/EXPANSION PROJECTS• Lepanto Mining- Teresa Gold Project

• Philex Mining - Sto. Tomas II Cu Expansion Project

• Rapu-rapu Polymetallic Project

• PASAR

• Berong Nickel Project

• Coral Bay - Palawan Ni Project (Line 1 &2)

• Surigao Integrated Resources Corporation - PGMC

• Surigao Integrated Resources Corporation - CTP

• TVI – Silver-Gold & Base Metal Projects

• Apex Mining- Maco Mine

• Philsaga -Gold & Gold Expansion Projects

• SR Metals –Tubay Nickel Project

• Zambales Nickel Project- Rusina

• Carmen (Toledo) Copper Project

• Filminera Masbate Gold Project

• Carrascal Mining – Carrascal Nickel Project

• Minahang Bayan ng Dinagat Is., Inc.- Dinagat Nickel Project

• Oriental Synergy – Dinagat Nickel Project

• Benguet Corp- Sta Cruz Nickel Project

• Marcventures – Surigao del Sur Nickel Project

• Century Peak- Dinagat Nickel Project

FEASIBILITY/FINANCING STAGE

• Tampakan Copper Project

• Silangan Copper Project

• Acoje Nickel HPAL Project

• Runruno Gold Project

• Nonoc Nickel Project

• Mindoro Nickel Project

• Itogon Gold Project

• Far Southeast Gold Project

• King-King Copper-Gold Project

• Sta. Cruz Nickel Project-Eramen

• Balatoc Tailings Project-Benguet

• Rigid Lammin Iron Project

ADVANCED EXPLORATION STAGE

• Colet Mining – Colet Cu/Au Project

• MRL Gold – Agata Cu/Au/Ni Project

• TVI – Balabag Project

• Hallmark Mining – Pujada Ni Project

OTHER PROJECTS

• PMDC – Amacan Copper-Gold Project

• PMDC – Batong Buhay Copper-Gold Project

• PMDC – Diwalwal Direct State Utilization Project

CONSTRUCTION AND DEVELOPMENT STAGE

• Didipio Copper-Gold Project

• Iligan Ferronickel Smelter Plant

• Manticao Ferronickel Smelter Plant

• Akle Cement Project

• Surigao Sumitomo HPAL Project

• Siana Gold Project

• Isabel Nickel Project

• Tiboli Gold Project


Kingking Copper Gold

ProjectSumitomo Nickel Project

Tampakan Copper ProjectBoyungan Gold Project

Far Southeast Copper-

Gold Project

Runruno Gold-

Molybdenum Project

Didipio Copper-Gold

Project

16

ISSUES AND PERCEPTIONS

• Philippine mining

industry has been the

subject of intense

scrutiny by major

sectors of the

Philippine society


17


• Industry continues to labor under the stigma of its “sins of the past” which is aggravated by indiscriminate mining practices


18


• Lack of a unified information campaign to address misconceptions about mining


19DENR, Republic of the Philippines

Mining industry

PROGRAMS & REFORMS

Level the playing field

Remove graft and corruption

Improve environmental compliance

21

PROGRAMS & REFORMS

Protection of investments and removal of interferences


22

PROGRAMS & REFORMS

Establishment of mineral reservations Eliminate land use conflicts


23

PROGRAMS & REFORMS

Implementation of the “use it or lose it” policy Purge speculators Awarding of tenements through tendering


24

PROGRAMS & REFORMS

Upgrade of environmental standards in mining

Absorption of environmental cost


25

PROGRAMS & REFORMS

Shift to value-adding activities Limit the direct shipping of ores


26

PROGRAMS & REFORMS

Strengthen public-private partnership


27

PROGRAMS & REFORMS

Sustain information, education and communication program


28

PROGRAMS & REFORMS

Fight graft and corruption


29

THE PHILIPPINES IS TAKING A CRITICAL ROLE IN PROMOTING RESPONSIBLE MINING AS A MEASURE OF MAKING THIS PART OF THE WORLD A BETTER

PLACE TO LIVE AND INVEST IN


“WE WILL BE A PREDICTABLE AND CONSISTENT PLACE FOR INVESTMENT.”


31DENR, Republic of the Philippines

THANK YOU AND

MABUHAY!

AMC 2011_The PH Role in Shaping the Future of Global Mining Industry

Technology

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