The Department of Environment and Natural Resources (DENR) recently cancelled the Mineral Production Sharing Agreement (MPSA) denominated as MPSA No. 130-95-IV granted to Philippine Sunrise Marble, Inc. covering a 327.8787-hectare contract area located in San Teodoro, Oriental Mindoro.
The aforesaid MPSA is cancelled for having an expired Exploration Period for more than 17 years in accordance to the pertinent provisions of MPSA No. 130-95-IV and Section C.3 of DENR Memorandum Order No. 2010-04, in re: "Reforms in the Department Mining Tenement System."
By: Mining Tenements Management Division