Sagittarius Mines, Inc. Quickfacts
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Sagittarius Mines, Inc. Region: Regions XII & XI Province/s : South Cotabato, Sultan Quickfacts Employment Kudarat, & Davao del Sur 63 (employed as of December 2017) Municipality/ies: Tampakan, Kiblawan, The total employment of SMI in 2017, Columbio, & Matanao The Philippine Government disaggregated by gender where 36 are Combined Population: 178,435 promotes the rational exploration, males and 27 are females. While (as of 2015) development, and utilization and estimates vary, it is conservatively Combined Land Area : 180,126 hectares conservation of mineral resources guided by its commitment to projected that for every basic job in the Major Economic Activities: Agriculture, responsible minerals development. mining company, about four (4) ancillary Mining and and indirect jobs may be generated in the Business upstream and downstream sectors. Environmental Protection and Management Economic Growth The Philippines government The Philippine Government commits ensures the adequate protection of to provide a competitive the environment, before, during the investments climate and adequate mining operations and beyond the protection of the rights and life of the mine. privileges of mining investors. Community Development Program Financial or Technical Assistance Economic Contribution Agreement No. 002-95-XI Php 2.2 Million. Amount committed by Mining Investments the mining company for the Date Approved : March 22, 1995 PhP 28 Billion (as of Dec. 2017) development of the 4 municipalities and Date of Expiration : March 21, 2020 21 barangays within their project area (as Term of FTAA : 25 years, renewable Taxes and Fees Paid (2017) of 2017). for another term not PhP 2.6 Billion. Amount of national exceeding 25 years Contract Area : 28,539.68 hectares and local taxes, fees and royalties Environmental Work Program Declared Final Mine Area: 9,494.70 generated and contributed to the PhP 4.7 Million for 2017 hectares Philippine economy in 2017. Mineral Commodity: Copper, Gold, Silver, etc. Social Equity and Development Office Address : Liberty Core Farm, Mining Forestry Program and Brgy. Liberty, The Philippine Government National Greening Program recognizes the rights and Tampakan, South participation of the communities Cotabato 438,385 Number of seedlings produced Company Structure: 100% Filipino and Indigenous People and ensure by the mining as of 2017. 97,485 the fair and equitable sharing of seedlings were planted at 87.74 hectares benefits among the company, the both for Mining Forest and National government and host communities. Greening Programs. “Mining shall be pro-people and pro-environment in sustaining wealth creation and improved quality of life” .