
Apex Mining Co., Inc., provides personal protective equipment (PPEs); one thousand (1,000) pieces of KN95 facemasks and one hundred fifteen (115) pieces of washable coverall suits amounting to PhP 197,860.00 to the Province of Davao de Oro for distribution to the community frontliners of the province.
As of June 2, 2020 (Week 10), a total realigned Social Development Management Program budget of six (6) mining companies within Region XI reached to Eleven Million Seven Hundred Sixty Thousand and Six Hundred Nineteen Pesos (PhP 11,760,619.00) of which Eleven Million Seven Hundred Twelve Thousand Five Hundred Six and 50/100 Pesos (PhP 11,712,506.50) were utilized that resulted to 99.6% utilization.
Mining Companies | Realigned SDMP Budget, PhP | Budget Utilized, PhP | Utilization Percentage |
Apex Mining Company, Inc. | 9,949,619.00 | 9,902,711.00 | 99.5 |
Paraiso Consolidated Mining Corporation | 244,500.00 | 243,800.00 | 99.7% |
Austral-Asia Mining Corporation/ Hallmark Mining Corporation | 629,000.00 | 629,000.00 | 100.0 % |
Kingking Mining Corporation | 50,000.00 | 49,500.00 | 99.0 % |
Napnapan Mineral Resources, Inc. | 113,500.00 | 113,495.50 | 99.9% |
King Eagle Exploration and Mining Corporation | 774,000.00 | 774,000.00 | 100.0% |
TOTAL | 11,760,619.00 | 11,712,506.50 | 99.6% |