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St Augustine Gold and Copper Ltd T.SAU

Alternate Symbol(s):  RTLGF

Metals & Mining Gold
St. Augustine Gold and Copper Limited is a Singapore-based mineral exploration company. The Company is focused on the King-King copper-gold project on the island Mindanao in the Philippines. The King-king tenement is comprised of approximately 184 mining claims that are owned by Nationwide Development Corporation (NADECOR). The Project is a copper-gold mineral reserve located at Sitio Gumayan, Barangay King-king, Municipality of Pantukan, Davao de Oro, on Mindanao Island, Philippines. Its deposit is a porphyry copper-gold deposit hosted primarily by porphyritic hornblende diorites, submarine volcanic rocks, and volcanoclastic sediments. The sulfide copper mineralization in the King-king deposit consists of chalcopyrite and bornite, with lesser amounts of chalcocite, digenite, and covellite.


TSX:SAU - Post by User

St Augustine Gold and Copper Ltd > DENR reopens Benguet Corp’s nickel mine in Zambales
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Post by db2067on Jan 02, 2021 12:09pm
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Post# 32209450

DENR reopens Benguet Corp’s nickel mine in Zambales

DENR reopens Benguet Corp’s nickel mine in Zambales
More reopenings to follow... 

https://bilyonaryo.com.ph/2020/10/31/denr-reopens-benguet-corps-nickel-mine-in-zambales-nearly-3-years-after-the-late-gina-lopez-shut-it-down/
 
BC disclosed that its wholly-owned subsidiary, BenguetCorp Nickel Mines Inc., has been informed that the DENR has lifted the cancellation order against its 25-year Mineral Production Sharing Agreement (MPSA) issued by then Secretary Gina Lopez in February 2017, as well as mining suspension order issued by the Mines and Geosciences Bureau in June 2015.
 
The nickel mine paid P257 million in excise taxes and P595 million in royalty payments from 2010 to 2017.
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