Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Nickel Asia has resumed nickel mining operations in the Surigao Del Norte province of the Philippines after the government eased some of the restrictions imposed a week ago. 

 

The company’s subsidiaries Taganito Mining Corporation (TMC) and Hinatuan Mining Corporation (HMC) operating in Claver and Tagana-an in Surigao Del Norte, respectively, received permission from the government to resume mining operations. Entry of foreign vessels has also been allowed into the province which were  banned as reported earlier.

 

TMC and HMC plan to resume mining operations by complying with the health and safety precautions specified by the government and the policies adopted by Nickel Asia in response to the COVID-19 pandemic. The two mining companies will also resume ore shipment activities, but will require foreign vessels chartered to deliver ores to their clients while strictly observing the mandated quarantine guidelines for the crew of the vessels.

 

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