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Sunday, November 24, 2024

DMCI Mining to start new nickel mines in 4th quarter

DMCI Mining Corp. is looking forward to commencing operations of two new nickel mines by the end of the year, according to company president Tulsi Das Reyes.

“We hope to have good news from our Zambales mine in the near future. We’re just waiting for the official response,” Das Reyes said, noting the company already submitted the documentary requirements for the Zambales mine.

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The company is also exploring the possibility of opening its mining site in Brooke’s Point, Palawan.

DMCI said it is actively working on securing permits for the nickel projects, with the goal of starting operations soon.

Reyes acknowledged that securing government approvals for permitting takes time, but said he remained optimistic about the prospects.

DMCI is also considering acquiring assets in coal, copper and gold mining sectors over the next two to three years.

DMCI Mining operates open-pit mines in Palawan and Zambales through subsidiaries Berong Nickel Corp. (BNC) and Zambales Diversified Metals Corp. (ZDMC).

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