DAVAO CITY\u2014Nationwide Development Corp. (Nadecor), said it had submitted a Declaration of Mine Project Feasibility (DMPF) study to the Department of Environment and Natural Resources (DENR) and the Mines and Geosciences Bureau (MGB).<\/p>\n
The submission was announced recently by Nadecor director Conrado Calalang, who is past chair, and leads an investor group that controls over 50 percent of the company.<\/p>\n
\u201cWe are delighted to have submitted the DMPF to the DENR and MGB, and are pleased with the successful completion of this major milestone, which will enable us … to accelerate the development of this flagship mining project,\u201d Calalang said in a statement.<\/p>\n
He said that when fully operational, the King-king project in Pantukan town \u201cwill bring many benefits to the Philippines, particularly the Pantukan community and Compostela Valley province.\u201d<\/p>\n
St. Augustine, a mining firm listed on the Toronto Stock Exchange, is a partner in the project. Its team played key roles in developing and managing some of the largest and safest mining projects in the world, Calalang said.<\/p>\n
Calalang said Nadecor and St. Augustine were thankful for the \u201csupport we have been receiving from all the government agencies, the community and the stakeholders in this project.\u201d Inquirer Mindanao<\/em><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":" Nationwide Development Corp. (Nadecor), said it had submitted a Declaration of Mine Project Feasibility (DMPF) study to the Department of Environment and Natural Resources (DENR) and the Mines and Geosciences Bureau (MGB).<\/p>\n","protected":false},"author":66,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[36,39],"tags":[333,56791],"byline":[],"source":[206078],"column":[],"editor":[],"videographer":[],"position":[],"acf":[],"yoast_head":"\n