Global Ferronickel Bags Three Presidential Mineral Industry Environmental Awards

Manila—(PHStocks)—Platinum Group Metals Corp. (PGMC), the operating arm in Surigao del Norte of Global Ferronickel Holdings Inc. (PSE: FNI), received three awards during the 63rd Annual National Mine Safety and Environment Conference. PGMC’s Cagdianao Nickel Expansion Project garnered the Presidential Mineral Industry Environmental Award (PMIEA) Titanium Achievement Award for Surface Mining Operation for its exemplary efforts in achieving environmentally and socially responsible mining operations. PGMC, in the recent audit conducted by the Department of Energy and Natural Resources (DENR), was cited for being compliant with the policies, environmental laws, rules and regulations of the Philippine Mining Act and the issued Environmental Compliance Certificate (ECC).

The PMIEA was officially established under Executive Order No. 399 on the third of February 1997 in compliance with the government’s policy to ensure that mineral exploration and mining operation shall be pro-environment and pro-people in sustaining wealth creation and improving quality of life.

PGMC’s Cagdianao Nickel Expansion Project was also adjudged the winner in the Most Improved Safety Performance Category. PGMC had the highest percentage improvement as determined by comparing the average combined lost-time injury frequency-severity rate of the last four fiscal years with that of the current fiscal year. Since 2013, PGMC has not experienced any fatal incident and achieved zero lost-time accident which could be attributed to an effective workplace health and safety program. A team of safety engineers oversee the conduct of regular occupational safety and health policy orientation and training as well as emergency response and preparedness drills. The use of personal protective equipment for all employees is strictly mandated and the Company has at its disposal a clinic with life support systems, an ambulance and a fire truck.

PGMC’s Engr. Royvel Jumalo was also voted as this year’s Best Surface Mine Supervisor. His strict implementation of safety rules and regulations as the company’s safety supervisor and his exemplary performance in overseeing the operations of company personnel and seven mining contractors has made him deserving of the award.

“We are delighted that our efforts in responsible mining are being recognized. In keeping with the theme of this year’s conference, we at FNI remain committed to moving forward by doing it right,” said Atty. Dante R. Bravo, president of FNI.

 

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