This case has been cited 2 times or more.
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2012-07-18 |
PEREZ, J. |
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| On 4 July 1991, Benguet filed an MPSA application with the DENR.[20] The application, designated as MPSA-P-III-16,[21] seeks to place all existing mining claims and interests then operated by Benguet under production sharing agreements in line with Executive Order No. 279 of 25 July 1987.[22] Specifically, MPSA-P-III-16 covers the following mining interests:[23] | |||||
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2004-01-27 |
CARPIO MORALES, J. |
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| accept, consider and evaluate proposals from foreign-owned corporations or foreign investors for contracts or agreements involving either technical or financial assistance for large-scale exploration, development, and utilization of minerals, which, upon appropriate recommendation of the Secretary, the President may execute with the foreign proponent. In entering into such proposals, the President shall consider the real contributions to the economic growth and general welfare of the country that will be realized, as well as the development and use of local scientific and technical resources that will be promoted by the proposed contract or agreement. Until Congress shall determine otherwise, large-scale mining, for purpose of this Section, shall mean those proposals for contracts or agreements for mineral resources exploration, development, and utilization involving a committed capital investment in a single mining unit project of at least Fifty Million Dollars in United States Currency (US $50,000,000.00).[7] | |||||