PH's 1st large-scale offshore mining to start in January

The Philippines' first large-scale offshore mining operation is set to start in January next year, involving the extraction of thousands of metric tons of magnetite iron reserves in the …

Apollo Global announces subsidiary's start of magnetite mining

Apollo Global Capital said subsidiary JDVC Resources will start the commercial operations of the country's first offshore magnetite iron mining project in Cagayan next month. The company assured the government of a minimal impact on the sea environment as studies by a Singapore-based survey company showed that there is no coral or aquamarine ...

Offshore mining all set amid delays, says Apollo Global

Listed holding company Apollo Global Capital Inc. (APL) said its subsidiary will commence within the month its offshore iron mine operations in Cagayan, touted as the country's first large-scale

PH's 1st large-scale offshore mining to start in January

Under its Mineral Production Sharing Agreement (MPSA) with the Philippine government, JDVC is allowed to mine within an area of 1,902.59 hectares located 14 kilometers offshore from the municipality of Gonzaga, province of Cagayan. Its operations focus on the mining of magnetite, an iron-oxide mineral used to make steel and other products.

Offshore iron sand mining a big boost to our economy

JDVC Resource Corporation has approval to mine iron sands at an area of 1,902 hectares located 14 km. offshore from the Municipality of Gonzaga in Cagayan Province. The probable magnetite reserve in that area is about 632 million metric tons (MMT). JDVC has 2 newly acquired mining vessels with a net capacity of 10,000 MT/day.

Magnetite mining project in Cagayan to start soon | VG …

A unit of Apollo Global Capital Inc. on Monday said it has already spent some P900 million to jumpstart the commercial operations of the country's first offshore magnetite iron mining in Cagayan ...

JDVC pushes Feb operations of PH's first large-scale offshore mining

By Madelaine B. Miraflor. Despite environmental concerns, JDVC Resources Corporation, a subsidiary of publicly listed company Apollo Global Capital (APL), is eager to push for the start of the commercial operation of its large-scale offshore mining in Cagayan next month. In a statement, Jun Herrera, JDVC and APL consultant, said the first newly-built deep sea mining …

Apollo unit to mine magnetite in Cagayan

Recent Posts. DENR greenlights first large-scale offshore mining in the country December 7, 2020; From Chinese resto king to iron man: Frank Lao ties up with Apollo group for huge mining project December 7, 2020; PH's 1st large-scale offshore mining to start in January December 7, 2020; Apollo unit to mine magnetite in Cagayan December 7, 2020; 1st offshore mining to start …

Investors pick Apollo as unit's Cagayan offshore mining …

Apollo said that its mining vessel Siphon I is already positioned to the mining site pending "favorable" weather conditions. Apollo's unit has a mining area of 1,902.59 hectares located 14 kilometers offshore the municipality of Gonzaga, Cagayan. Magnetite ore is a source of iron for the iron and steel industries.

Newsroom – JDVC Resources Corporation

By Jed Macapagal - December 7, 2020 The country's first large-scale offshore mining operation is set to start in January. The project, which will extract magnetite iron reserves in the seabed of Gonzaga, Cagayan, is being jointly developed by JDVC Resources Corp., a subsidiary of publicly-listed company Apollo Global Capital and food entrepreneur, Frank Lao of the Choi Garden …

Our Organization – JDVC Resources Corporation

JDVC is a domestic corporation duly registered with the Securities and Exchange Commission for the business purpose of offshore large scale high grade magnetite mining. The presence of tall and highly mineralized mountains have been the consistent, reliable and endless source of magnetite iron and other mineral deposits that experts say have ...

Foreign mining firms warm-up to investing in PH

In a statement, the Offshore Mining Chamber of the Philippines (OMCP) said it has been receiving many expressions of interest from major world players in offshore mining to explore opportunities in the country. ... Detox: APL says mining magnetite iron off Cagayan will boost marine life February 9, 2021; Investors pick Apollo as unit's ...

Philippines: Groups oppose offshore mining in Cagayan

The project of JDVC Resources Corp. is said to be the first massive offshore magnetite mining in the Philippines. The firm is allowed to mine within an area of 1,092.59 hectares located 14 kilometers offshore from the town of Gonzaga. The DENR greenlighted the project last year, according to reports.

Magnetite Mining in the Offshore Areas of Cagayan*

Colossal Mining Corporation, a 100 % Filipino owned company that engages in exploration, mining, and production of iron ore in the Philippines, holds three exploration permits of 36,000 hectares of offshore magnetite iron ore sites in Northern Luzon (Cagayan, Ilocos Norte, and Ilocos Sur) of which 13,483.89 hectares are located in the province ...

In Ilocos Sur where illegal sand mining ran …

Sand mining laws Black sand mining in the Philippines is regulated and could only be done within specific areas. The Mining Act of 1995 prohibits mining in offshore areas within 500 meters from the mean low tide level and …

(PDF) Chapter 23. Offshore Mining Industries

PDF | On Jan 1, 2014, E. Baker and others published Chapter 23. Offshore Mining Industries | Find, read and cite all the research you need on ResearchGate

Mining firm seeks ECC for massive black sand mining in Lingayen …

An offshore mining firm is seeking to extract magnetite sand in the Lingayen Gulf covering five coastal towns in the Province of Pangasinan. Iron Ore, Gold, and Vanadium Resources (Phils.) Inc ...

ENVIRONMENTALLY SAFE AND EFFECTIVE OFFSHORE …

Offshore Commercial Mining operation as a look to the future. The key is Technological Development of Environmentally Safe and Effective Offshore Mining Systems with the use of …

Hunt for magnetite ore begins: Apollo Global preps for …

Apollo Global Capital, Inc. has deployed is first deep sea siphon mining vessel, Siphon 1, 14 off the shore of Gonzaga municipality in Cagayan province. APL said its …

Australia's Grange Resources sells majority stake in …

Australian iron ore producer Grange Resources Limited (Grange) has announced that it has entered into a sale and purchase agreement for the sale of its 51 percent share of …

DENR greenlights first large-scale offshore mining in the …

Environmental groups also stressed that magnetite is toxic and that offshore mining may bring irreversible damage to the ecosystem. Research on the effects of deep-sea mining has been scant that even the 168-nation International Seabed Authority under the United Nations' Convention on the Law of the Sea – of which the Philippines is a ...

Hunt for magnetite ore begins: Apollo Global preps for …

Detox: APL says mining magnetite iron off Cagayan will boost marine life February 9, 2021; Investors pick Apollo as unit's Cagayan offshore mining operations begin February 8, 2021; APL aims for P1B in re-IPO February 8, 2021; Mining Regulators to Closely Monitor Black Sand Extraction February 4, 2021; DBP finances iron ore mine January 3, 2021

Apollo Global secures P988M for PH's first deep …

The offshore mining project is a joint venture with Kinetic Holdings Corp., led by nickel and restaurant magnate Frank Lao, which will bring in two deep sea mining vessels for the operations. Magnetite, a kind of iron-oxide mineral, can be …

EXECUTIVE SUMMARY ES 1. Project Brief ES 1.1 Project …

proposed "Cagayan Offshore Magnetite Mining Project" covering the 4,999.2358-hectare area of MPSA No. 338-2010-II-OMR-Amended A located in Gonzaga, Buguey and Aparri, Cagayan, allowing a maximum production rate of 1.3 million dry metric tons of magnetite iron sand concentrate per annum last May 20, 2016.

1st offshore mining to start next year – Apollo Global Capital, Inc.

By Jed Macapagal – December 7, 2020 The country's first large-scale offshore mining operation is set to start in January. The project, which will extract magnetite iron reserves in the seabed of Gonzaga, Cagayan, is being jointly developed by JDVC Resources Corp., a subsidiary of publicly-listed company Apollo Global Capital and food entrepreneur, Frank Lao of the Choi Garden …

PART 02 Environmentally Safe and Effective Offshore …

that offshore mining extraction for magnetite sand, platinum group of metals (e.g. Palladium, Platinum, silver and the like) and other rare earth metals is negligible due to very small volume of minerals that can be recovered compared to total deposits offshore. For example, average beneficial mineral recovery based on

Our Organization – JDVC Resources Corporation

JDVC is a domestic corporation duly registered with the Securities and Exchange Commission for the business purpose of offshore large scale high grade magnetite mining. The presence of tall and highly mineralized mountains have …

Guaranteed: Contractor to produce at least 100,000 tons of …

Apollo Global Capital (APL) has inked a deal with a contractor to extract at least 100,000 metric tons of magnetite iron from its offshore mining claim in Cagayan. Through its subsidiary, JDVC Resources, and partner operator,l AgbiagMining and Development, APL entered into a mines consortium agreement with its sixth equipment procurement contractor, …

Magnetite from Malaysia

Report prepared for Fortress Mining Sdn Bhd.