MGB clarifies issues on operation of JDVC resources in coastal towns of Cagayan
With the concern of the alleged rampant offshore mining in the province and Cagayanos demanding answers from Mines and Geosciences Bureau Regional Office No. II, Engr. Mario A. Ancheta, MGB OIC Regional Director clarified some issues in the operation of JDVC resources in the coastal towns of Cagayan in the press conference conducted in MGB Conference Hall.
RD Ancheta said that JDVC Resources Corporation is a large-scale offshore mining company that will mine magnetite ore in the coastal towns of Cagayan with an area of 1,902.59- hectare or 19, 025, 939 square meter area.
He further explained that then Bogo Mining Resources was given a Mineral Production Sharing Agreement (MPSA) with the Philippine government for a 14, 240 hectares to operate within the coastal towns of Gonzaga, Ballesteros, Sanchez Mira, Buguey, and Aparri with a mine life of 25 years and may be renewed for another term not exceeding 25 years.
On Nov. 25, 2011, a Deed of Assignment was executed by and between Bo Go and JDVC Resources where Bo Go assigns, transfers, and conveys all its rights and interests under the MPSA contract to JDVC Resources Corporation.
On the issue of Environmental Compliance Certificate (ECC), RD Ancheta clarified that JDVC was issued an ECC for its proposed Cagayan Offshore Magnetite Mining Project on May 20, 2016, covering 4,999.2358-hectare area of its MPSA contract.
He further said that MGB is conducting monitoring activities on the compliances of the company and that the company is guided by the conditions provided by the ECC that is to implement the measures presented in the Environmental Impact Statement ( EIS) to protect and to mitigate the project’s adverse impacts in the community, health, welfare, and the environment.
On the other hand, on June 27, 2016, the Declaration of Mining Project Feasibility ( DMPF) was approved.
The DMPF is a document proclaiming the presence of minerals in the area which are recoverable by socially, acceptable, environmentally safe, and economically sound methods specified in the Project Feasibility Study of the company.
