SMI presents sustainability report

MANILA, Philippines - Real stories of real people from Southern Mindanao were presented during the Sustainability Report launch of Sagittarius Mines Inc. (SMI) last June 6. 

The Manila launch is the culminating event of a series of two other rollouts that happened in Davao City last May 29 and Koronadal City last May 31.

SMI is a contractor of the government and holder of a Financial and Technical Assistance Agreement for the $5.9-billion Tampakan copper-gold project located in Southern Mindanao.

In 2012, SMI provided jobs for more than 370 employees and 940 contractors; delivered community health services to more than 12,000 people; provided financial support for tuition, allowances and school supplies for 26,000 students; supported livelihood opportunities for more than 6,000 households; reforested more than 340 hectares in partnership with community groups; and contributed P1.8 billion to the Philippine economy.

The proposed Tampakan project is one of the largest undeveloped copper-gold deposits in the world. If approved, it has the potential to enable a sustainable future for the people of southern Mindanao.