Philippine DOENR grants 25-year renewable mining permit to MCB, a Celsius Resources subsidiary, for copper exploration and production.

The Philippine Department of Environment and Natural Resources has granted mining permits to MCB, a subsidiary of Celsius Resources Limited. Valid for 25 years and renewable for another 25 years, the permit provides MCB exclusive rights to explore, develop, and commercially produce copper and associated minerals. The company plans to use the permit for the necessary work streams to proceed with MCB mine development.

March 18, 2024
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