BNMIBanff New Media Institute (Alberta, Canada)
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Benguet was referring to the order, one of the first ones that then Environment Secretary Regina Lopez caused to be issued against BNMI and Zambales Diversified Metals Corp.
Since 2009, it commenced operations BNMI has accounted for a considerable share in BenguetCorp's consolidated net earnings, and has consistently showed indications of further growth.
At present, BNMI is increasing its operations through its expanding drilling program and mine development, also teamed up with Arrow Freight Corporation, another BenguetCorp subsidiary.
These efforts, however, proved to be unsuccessful as the anti-mining groups and even the DENR representatives rejected BNMI's fair and reasonable proposal and continued to appear bent on endorsing an unjust arrangement that would deprive the mining companies of any recourse against the results of the audit and, worse, would require them to summarily acknowledge alleged liabilities for compensation and rehabilitation, without immediate prospect of resuming operations, BNMI said.
BNMI had already been forced to temporarily lay off more than 1,000 workers since its unwarranted suspension,' the firm added.
On July 7, the DENR under Lopez suspended the operations of BNMI effective immediately and indefinitely.
However, prior to the suspension, BNMI was certified under the ISO 14001:2015 on Environmental Management System by TUV Rheinland on March 17, 2016,' the company said.
In a statement following the issuance of the writ of kalikasan, BNMI said it would work for the reversal of the suspension.
In a previous statement, BNMI said it observes the strict enforcement of mining regulations and the monitoring of compliance with remediation in the past several months by the Mines and Geosciences Bureau, the Environmental Management Bureau and the local government.
BNMI has already signed agreements with two Chinese firms for the sale and delivery of 3.