Mining firm resumes DENR approval process

After two years of delay, Toronto-listed St. Augustine Gold and Copper Ltd. said that it has resumed engagement with the Department of Environment and Natural Resources (DENR) for the approval of the company’s environmental impact statement (EIS) for the $2-billion King-king copper-gold project in Mindanao.

Clyde Gillespie, St. Augustine country manager, told reporters that the company recently met with representatives from the DENR’s Environmental Management Bureau for the resumption of approval process for the company’s EIS, which is a major requirement to secure an environmental compliance certificate (ECC).