The SR Metals Incorporated represented by Ryan Anthony B. Culima issued manager’s checks to the Municipalities of Tubajon and Libjo, Province of Dinagat Islands as payment for the unpaid financial obligation of Wellex Mining Corporation.
SR Metals Incorporated based in Tubay, Agusan del Norte paid LGU Tubajon ₱ 4,451,145.50 and LGU Libjo ₱ 2,127,376.98 in a ceremonial turn over at MGB 13 Regional Office this morning, March 9, 2022.
All the financial obligations will be answered by SR Metals Inc. once the suspension of the previous mining operator in Libjo-Tubajon area will be lifted.
Engr. Larry Heradez, MGB 13 Regional Director said the previous operation by Wellex was suspended last 2016-2017 by the late DENR Secretary Gina Lopez. It remained in hiatus until the exporation of its MPSA. “Buti na lang merong nag-interest na isang entity at mag-assume ng operation at nagkaroon ng negosasyon, naturn over sa kanila ang right to operate sa isang area ng Dinagat Islands. SRMI is doing something na ma-remediate kung ano man ang pagkukulang ng Wellex doon sa financial obligation at saka ground situation na gumagawa sila ng corrective measures. Kung ma comply nila ito at satisfactory ang result ng MGB sa validation, we will recommend the lifting of suspension including the extension of MPSA.
SRMI received Presidential Awards by former President Benigno Simeon Aquino III and President Rodrigo Roa Duterte and MGB is looking that other mining companies in Dinagat Islands will be enjoining.
Punong Barangay Almie M. Recla of Malinao, Tubajon expressed gratitude that SRMI is a blessing from God to her constituents. The SDMP worth 6 million pesos for her barangay will be realigned for the damaged houses they suffered by Super Typhoon Odette. (RPN DXKS Surigao News Team)
