Dinapigue Mining Corporation (DMC) is one of the key mining companies operating in the Philippines, primarily in the Dinapigue area of Isabela province, which is part of the Sierra Madre region. Understanding the ownership and operations of DMC gives insight into the country’s mining sector and its regulatory environment.
Ownership and Corporate Structure
DMC is a 100% wholly-owned subsidiary of Nickel Asia Corporation (NAC), one of the largest nickel mining companies in the Philippines. NAC was founded by Manuel B. Zamora Jr., who continues to play a significant role in the company’s leadership. The acquisition of DMC by NAC was finalized in 2015, allowing the parent company to expand its portfolio of nickel and mineral resources across the country.
Nickel Asia Corporation is a publicly listed company on the Philippine Stock Exchange (Ticker: NIKL), ensuring transparency in its operations and corporate governance. DMC, as part of NAC, adheres to the same corporate governance and environmental compliance standards.
Mining Permits and Operations
DMC holds a Mineral Production Sharing Agreement (MPSA No. 258-2007-II), which covers its mining operations in Dinapigue, Isabela. While the MPSA was originally issued in 2007, DMC officially commenced commercial mining operations in 2022. The company emphasizes that its mining activities are conducted outside the protected zones of the Sierra Madre Natural Park, complying with environmental regulations and community protection measures.
Governance and Environmental Commitment
As a subsidiary of NAC, DMC follows strict governance guidelines. The company is committed to:
Sustainable mining practices
Environmental protection
Community development programs in Isabela province
DMC regularly reports its mineral reserves, production, and sustainability initiatives in NAC’s annual reports, maintaining transparency for investors and the public.
Conclusion
Dinapigue Mining Corporation plays an important role in the Philippines’ mining industry, contributing to the country’s nickel production while operating under strict legal and environmental frameworks. Owned by Nickel Asia Corporation, DMC benefits from the experience, governance standards, and resources of one of the Philippines’ leading mining companies.
