Wednesday, June 21, 2017

Mine firm says records clear on stakeholders

By: Ronnel W. Domingo - 01:05 AM May 23, 2017

Sagittarius Mines Inc. yesterday denied “continuing malicious reports” about Finance Secretary Carlos Dominguez III having any financial interest in the company.
Roy D. Antonio, corporate linkages manager at SMI, said the company was duty bound to do so “in light of several continuing and malicious reports from certain quarters.”
“(SMI) formally and unequivocally states that (Dominguez) does not have nor has he ever had any financial or other interest in the corporation,” Antonio said. “This is an incontrovertible fact, which is supported by the required filings submitted by the corporation to pertinent government agencies as required by law.”
Supporters of ousted Environment and Natural Resources Secretary Regina Lopez, including the environmentalist alliance Alyansa Tigil Mina (ATM), has been accusing several prominent people of having mining interests and as being behind efforts that blocked her confirmation at the Commission on Appointments last month.
Mining companies have, for their part, lamented what they called the impartiality of the mine audit ordered by Lopez, noting that antimining activists like ATM took part in the audit teams.
Last February, Lopez announced the cancellation of the environmental clearance certificate for SMI’s planned $5.9-billion Tampakan copper-gold project in South Cotabato.

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