Hinatuan Mining Corp. (HMC), a subsidiary of Nickel Asia Corp., is scaling down its operations in Manican Island off Guiuan, Eastern Samar which will affect at least 200 employees. HMC said it was forced to lay off workers effective September 15 as it failed to obtain the release of the mineral ore transport permit (MOEP) for the removal of ore stockpile on the island from the Mines and Geosciences Bureau (MGB) Region 8 office, despite the approval last July 2014 by the MGB head office for such disposal.
Read more: Hinatuan scales down operations