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IN BRIEF: Celsius subsidiary wins approval for Philippines mine

ALN

Celsius Resources Ltd - copper-gold exploration and development company in the Philippines, Namibia and Australia - Says its Philippine subsidiary Makilala Mining Co Inc has been issued a certificate of approval for its flagship Maalinao-Caigutan-Biyog copper-gold project. MCB is located in the Cordillera Administrative Region north of Manila. Certificate covers Makilala’s Environmental Protection & Enhancement Program and Final Mine Rehabilitation &/or Decommissioning Plan. Its conditions include establishing a guarantee funding mechanism to ensure satisfactory compliance with the plans’ commitments.

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