Nonoc Mining Industrial Corporation

G.R. No. 167530. March 13, 2013 (Case Brief / Digest)

established Nonoc Mining and Industrial Corporation (NMIC), owning 57% and 43% respectively. The NMIC board consisted of representatives from DBP and PNB. NMIC contracted Hercon, Inc. for a Mine Stripping and Road Construction Program in 1985 valued at P35,770,120. After payments and credits, NMIC owed Hercon P8,370,934.74.

Mineral Resource Estimate Report of the Islands of …

were conducted by Marinduque Mining and Industrial Corporation (MMIC) which later initiated the mining and the nickel processing plant operation from 1977 to 1986. The ... Table 12.3.2 Nonoc Island Mining Area 1 showing tonnages or various cut-off grades -----43 Table 12.3.1.4. The global resource (0% Ni cut-off) for Mining Area 2 ...

Surigao City wants to collect P200M in unpaid taxes from …

The PMO, formerly the Assets Privatization Trust (APT) held non-performing assets from Development Bank of the Philippines, which included the machineries of then …

NOTICE: The text below was created automatically and may …

Nonoc 3 Mining & Industrial Corporation (NMIC) which was formed by Development Bank of the Philippines (DBP) & Philippine National Bank (PNB) after foreclosing on MMIC in 1984 took over management of the mining and refinery operation in September of that year. In 1986, there was a mass action of the employees due to the delayed salaries which ...

REMINGTON INDUSTRIAL SALES CORPORATION, PETITIONER…

Nonoc Mining and Industrial Corporation was also added as defendant. Maricalum and Island Cement Corporation were also subsequently included as defendants, being transferees of MMIC's real and chattel mortgages covering its personal and real properties and other assets, which were foreclosed by PNB and DBP. ...

Company overview of NONOC MINING AND INDUSTRIAL CORPORATION …

Company info :: NONOC MINING AND INDUSTRIAL CORPORATION, 8167161 (+63-8167161)

Privatization and Management Office

Mining & Industrial Corp. Nonoc. Island, Surigao del Norte. 2. NONOC MINING & INDUSTRIAL CORP. (NMIC) Unserviceable machinery and equipment located in. Nonoc Island, Surigao del Norte. Author: Jane Menil Created Date: 05/17/2023 20:26:00 Last modified by:

NONOC MINING AND INDUSTRIAL CORPORATION …

NONOC MINING AND INDUSTRIAL CORPORATION ay isang Pilipinas na kompanya, matatagpuan sa 2283 Pasong Tamo Extension 1200 Makati, Philippines. mas detalyado ay bilang sa ibaba. NONOC MINING AND INDUSTRIAL CORPORATION (8167161) | Pilipinas Database ng …

Abandoned nickel plant in Surigao poses health hazard

Formerly the Assets Privatization Trust (APT), the PMO held non-performing assets from the DBP, which included the machineries of the then Marinduque Mining Industrial …

Philippines pushes to end mining lawsuits to pave …

Among the mining assets under litigation are the nickel mines of Nonoc Mining and Industrial Corp. in Surigao del Norte, the copper-gold project of Maricalum Mining Corp. in Negros Occidental...

NONOC MINING AND INDUSTRIAL CORPORATION …

NONOC MINING AND INDUSTRIAL CORPORATION,2283 Pasong Tamo Extension 1200 Makati, Philippines。。 NONOC MINING AND INDUSTRIAL CORPORATION (8167161) | 📚

Nonoc Mining And Industrial Corporation

Nonoc Mining And Industrial Corporation is a Mining company located in 2283 Pasong Tamo Extension, Makati City, 1200, Metro Manila, Makati, Metro Manila, PH . The business is listed under mining company category. It has received 0 reviews with an average rating of stars.

DOF to untie legal knot on gov't mining assets

A memorandum by the PMO to Dominguez identified the copper-gold project of the Maricalum Mining Corp. (Maricalum Mining) in Negros Occidental, the nickel mines of the Nonoc Mining and Industrial Corp. (Nonoc Mining) in Surigao del Norte, and the gold- and copper-rich North Davao Mining Property (North Davao Mining) in Davao del Norte as among the idle …

DOF readies to address legal issues on government-held mining …

Nonoc Mining was acquired by the Development Bank of the Philippines (DBP) and the Philippine National Bank (PNB) in 1984 and turned over in 1987 to the then-Asset Privatization Trust (APT). In 1996, APT sold 22.5 million shares of stock of Nonoc Mining to Philnico Mining and Industrial Corp. (PMIC), now Philnico Industrial Corporation (PIC).

G.R. No. 126200. August 16, 2001 (Case Brief / Digest)

**Title: Development Bank of the Philippines vs. Remington Industrial Sales Corporation, et al. (1996)** **Facts:** Marinduque Mining Industrial Corporation (MMIC) acquired substantial loans from the Philippine National Bank (PNB) and the Development Bank of the Philippines (DBP) and secured these through real estate and chattel mortgages. Despite these …

G.R. No. 167530

However, APT, as trustee of NONOC MINING AND INDUSTRIAL CORPORATION is directed to ensure compliance with this Decision. [24] DBP and PNB filed their respective appeals in the Court of Appeals. Both insisted that it was wrong for the RTC to pierce the veil of NMIC's corporate personality and hold DBP and PNB solidarily liable with NMIC.

Islanders miss nickel's 'golden era'

The two banks then created Nonoc Mining and Industrial Corp. (NMIC) and ceded the area to the company to protect the assets from deteriorating while waiting for investors and for the market ...

Nonoc Mining and Industrial Corporation

Nonoc Mining and Industrial Corporation - Facebook

PHILNICO INDUSTRIAL CORPORATION v. PRIVATIZATION

The Development Bank of the Philippines and Philippine National Bank, by virtue of foreclosure proceedings, became the holders of all the shares of stock in PPC (then still the Nonoc Mining and Industrial Corporation). The banks eventually transferred their PPC shares of stock to PMO (then still the APT) in 1987.

Govt keen on privatizing, operating mining assets

In 1996, APT sold 22.5 million shares of stock of Nonoc Mining to Philnico Mining and Industrial Corp. (PMIC), now Philnico Industrial Corp. (PIC). The sale represented 90-percent ownership of ...

Republic vs. National Labor Relations Commission, et al.

It appears that the United Lumber and General Workers of the Philippines (ULGWP) had a judgment of P10,660,264.09 against Marinduque Mining and Industrial Corporation (hereinafter referred to as Marinduque Mining) and Nonoc Mining and Industrial Corporation. 2 On April 25, 1992, Labor Arbiter Marissa Macaraig-Guillen issued a writ of execution ...

DOF takes steps to untie legal knot on gov't-held mining assets

Maricalum Mining, Nonoc Mining and North Davao Mining were once successful mining companies that have failed to settle their debts with government financial institutions, …

San Miguel eyes Nonoc nickel project | Philstar

Located on Nonoc Island off Surigao City, the Nonoc mine is believed to hold one of the biggest nickel and cobalt resources in Southeast Asia. It ceased operations in 1982 due …

Bullish miners seek local governments' green light …

Before Philnico, the project belonged to the Nonoc Mining and Industrial Corporation, a firm that was turned over to the now-defunct Asset Privatization Trust (APT) by the Philippine...

Nonoc Mining Industrial Corporation

Nonoc Mining Industrial Corporation - Facebook

CLARIDEN HOLDINGS, INC.

Philnico Mining and Industrial Corporation) acquired 90% of the shares of stock and certain receivables of the Republic of the Philippines ("ROP") in PP (formerly, the Nonoc Mining and Industrial orporation) through an Amended and Restated Definitive Agreement ("ARDA") with the ROP, acting through the