Century Peak Corporation (“CPC”) - Dinagat is a wholly owned subsidiary of Century Peak Holdings Corporation.
CPC has two mining tenements in the Province of Dinagat Islands, namely Century Peak Corporation – Nickel Mining Project
with Mineral Production Sharing Agreement denominated as MPSA No. 010-92-X under Surigao Mineral Reservation (SMR) and Century Peak
Corporation - Rapid City Nickel Mining Project with MPSA No. 283-2009-XIII SMR. Both Projects conduct an open cast mining method.
Century Peak Corporation pledges to responsible mining through effective Safety, Health and Environmental (SHEC) development.
CPC commits to:
Employees of CPC adheres to abide with all the policies and procedures implemented by the company to ensure effective environmental performance.
CPC executes responsible mining for the utilization of resources to meet the needs of the society and contribute community development.
A nickel mining company that succeeds to operate with excellence and high standards in utilizing the country’s mineral resources sustainably.
Nickel Mining Project is also known as the Casiguran Area. It covers approximately 1,198 hectares of contract area located at Barangay Panamaon, Loreto, Dinagat Islands.
MPSA 010-92-X: Located in Brgy. Panamaon, Loreto, Dinagat Islands, covers 1,198 hectares contract area. This MPSA was acquired by virtue of a deed of assignment executed with Casiguran Mining Corporation on April 09, 2006. It was approved by the Department of Environment and Natural Resources (“DENR”) on December 11, 2006. The said MPSA was approved by the President of the Philippines on June 11, 1992 and the first 25-year term of which expired last June 11, 2017.
... However, the renewal of MPSA No. o010-92-X for another 25 years is approved by the MGB Director, Atty. Wilfredo Moncano on October 12, 2021. As of February 2021, the total remaining ore reserve of Casiguran Area is 2,762,055.01 DMT.
MPSA 283-2009-XIII-SMR: CPC-Parcel II Nickel Mining Project is located at Brgy. Esperanza, Loreto, Dinagat Islands covering 463.93 hectares. This MPSA was acquired on June 19, 2009, and will expire on June 19, 2034. The commodity within Rapid City is also Nickel and it has a total remaining ore reserve of 4,188,031.08 DMT as of February 2021. In March 2012, the Mines and Geosciences Bureau (“MGB”) approved the Declaration of Mining Project Feasibility, hence paving the way for future development.