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Who owns Benguet mining?

Posted on 2019-08-21 by Muna Meyer

Who owns Benguet mining?

Benguet Corporation

Founded 1903
Headquarters Makati
Area served Philippines
Key people Daniel Andrew Romualdez (Chairman) Benjamin Philip Romualdez, Jr. (CEO)

How many mining companies are there in Benguet?

14 mining companies
The province of Benguet has hosted 14 mining companies since corporate mining started in 1903.

Where are the mining sites in the Philippines?

Nickel mines are located in Zambales, Palawan, Agusan del Sur, Surigao del Norte and Surigao del Sur, while the gold with silver mines are in Benguet, Masbate, Camarines Norte, Davao del Norte and Agusan del Sur. The copper with gold and silver mines are located in Benguet, Cebu and Zamboanga del Norte.

How did mining start in the Philippines?

In 1864, the Lepanto Mine was opened and marked the first full scale mining operation that produced gold and copper. The Philippine Mining Bureau was set up in 1900 to process and administer claims and all related transactions pertaining to mining. The Benguet Mine was opened in 1907.

What is the region of Benguet?

Cordillera Region
Located at the southern end of the Cordillera Region is the province of Benguet. Bounded on the south by Pangasinan and on the west by La Union and Ilocos Sur, Benguet serves as the gateway to the highland provinces of the Cordillera Region.

What are the problems in Benguet?

Problems on congestion, garbage, water and air quality with the rise of high rise buildings are the biggest hurdles the city is facing today. Itogon town, in Benguet has opposed to being the site for the proposed sanitary landfill. The City Government will have to find other sites as an option to Itogon’s refusal.

What happened after the Marcopper mining disaster?

After the disaster, Marcopper and Placer Dome closed all their mines. The government attempted to cover up the fact they had not enforced environmental laws throughout the years. The local residents in Marinduque have claimed they knew about the tunnel for almost 20 years.

Who introduced mining in the Philippines?

Gold was a natural attraction to the Spanish colonizers who started placer gold mining in various places in the country by the mid-16th century. Later on, interest in copper mining ensued and fostered the development of a mine in Panay Island in 1842, and another (now the Lepanto Mining) north of Baguio City in 1864.

What is Benguet known for?

Benguet is most known for being the home of Baguio City, a top tourist destination that is also called the Summer Capital of the Philippines. Benguet’s capital is La Trinidad from where the production of vegetables and strawberries come from.

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