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PHILIPPINES - Mindoro seeks ECC for nickel project E-mail

Mindoro Resources will make an application for an Environmental Compliance Certificate (ECC) for the Agata nickel laterite project in the Philippines.

Receipt of an ECC is a pre-requisite for production. Technotrix Consultancy Services and Mediatrix Business Consultancy will work with Mindoro to ensure the company's compliance with various ECC requirements, including Environmental Impact Assessment, Environmental Risk Assessment, Environmental Management Plan and Environmental Monitoring Programme.

The nickel laterite prospect is situated on the Agata Project, Surigao Gold District, northern Mindanao, Philippines. There are several nickel laterite mines already in production in the Surigao District, providing direct shipping-grade ore to markets and processing plants in China, Japan, Korea and Australia.

The geological extension of the Agata nickel laterite mineralization into an adjacent property, 1km south of Agata, is in production and product is being shipped to markets in China.

The very high demand for ferro-nickel feedstock for stainless steel production in the Asia-Pacific region, and high nickel prices, presents a great opportunity to get the Agata Project into production fast, and to generate early cash flow. Direct shipping grade nickel laterite deposits offer a low-capital cost and rapid route to production and cash-flow.

 
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