berong nickel corp. was one of ve mining rms ordered
TRANSCRIPT
March 31, 2021 | 12:00:00 AM
Mine pro�le: Berong Nickel Corp.Berong Nickel Corp. was one of �ve mining �rms ordered suspended in February 2017 by the Department ofEnvironment and Natural Resources under then Secretary Gina Lopez.
BY PHILIPPINE CENTER FOR INVESTIGATIVE JOURNALISM (PCIJ)
Digging for pro�ts: Who owns PH mines?
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QUICK FACTS
Name of mining �rm: Berong Nickel Corp.Location: Quezon, PalawanMining area: 288 hectaresMetals extracted/mine products: NickelNickel production (2020): 719,251 dry metric tons (direct shipping ore) valued at P1,061,060,654Mining permit period: 2007-2031
OWNERSHIP
Incorporation date: Sept. 27, 2004
Stockholders: Nickeline Resources Holdings Inc.ENK LTD.Toledo Mining Corp. Ltd.Reyes, Tulsi Das C.Simbulan, Cesar Jr. F.Ramos, Adrian S.Consunji, Isidro A.Consunji, Jorge A.Dybuncio, Frederic C.
Chairperson of the Board: Consunji, Isidro A.
MINING REVENUE
Current assets: P668.64 million (2019)Current liabilities: P381.06 million (2019)Total revenue: P1.33 billion (2019)Net income: P319.4 million (2019)
STATUS OF OPERATIONS
On Feb. 8, 2017, the Department of Environment and Natural Resources (DENR) issued an order cancellingBerong Nickel’s operations.
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In July 2020, Environment Undersecretary Benny Antiporda was quoted in a news report as saying that thecompany, along with other four �rms, were “granted approval by the O�ce of the President (OP) aftercomplying with mining laws.” The other �rms that were allowed to resume operations were Emir MineralResources Corp., Carrascal Nickel Corp., Strong Built Mining Development Corp., and Zambales Diversi�edMetals Corp.
COMMUNITY PROFILE
Municipality class of mining location: Quezon, Palawan (1st class)Population: 60,980 (2015)Poverty incidence rate: 39.1% (2015)Human Development Index: 0.58 (2012, provincial)Indigenous peoples living within or near the mining location: Pala'wan, Tagbanua
IN THE NEWS
LIST: Mining companies allowed to operate again by Duterte gov't
Sources:
General Information Sheet, 2020Financial Statement, 2019List of existing Mineral Production Sharing Agreements, Mining and Geosciences BureauPhilippine Metallic Mineral Production, Mines and Geosciences BureauPoverty and socioeconomic indicators, Philippines Statistics Authority
Note: The Human Development Index is a measure of how well a country has performed, not only in terms of real incomegrowth, but also in terms of social indicators that measure people's ability to lead a long and healthy life, acquire knowledgeand skills, and have access to the resources needed to a�ord a decent standard of living. An HDI value below 0.550 isconsidered low and below 0.399 is very low. The national average for the Philippines is 0.718 as of 2020.
This article was produced with the support of Internews' Earth Journalism Network.
— PCIJ, March 2021
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Posted in: Mining
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