The approval of the EPEP-FMRDP is another step closer in the mine permitting process of obtaining a Mineral Production Sharing Agreement (MPSA) with the Philippine Government which the Company envisages receiving by the end of August 2023.

Right now, there aren’t enough copper mines to deal with the 2.5 times more copper required in a battery electric vehicle than for a standard internal combustion engine vehicle.

Celsius Resources Managing Director Peter Hume discusses with Rob Tyson, our MCB operations, mining in the Philippines and working with indigenous communities.

Celsius Resources executive director Peter Hume tells Proactive its wholly-owned subsidiary Makilala Holding Ltd (MMCI), has inked a deal with Sodor Inc for the latter to acquire 60% of MMCI.

Binding deed entered into with Sodor, Inc. to attain the required 60% Filipino legal ownership in Celsius’ wholly-owned subsidiary, MMCI.

CLA Executive Director Peter Hume discusses more shallow, high-grade gold and copper at MCB.