By Richmond Mercurio (The Philippine Star) | Updated November 23, 2016 – 12:00am IRON, STEEL STUDY: The Metals Industry Research and Development and Philippine Council for Industry, Energy and Emerging Technology Research and Development signed a memorandum of agreement for the conduct of a feasibility study designed to boost the local production of iron using the country’s…
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JDVC is the Philippines first large scale offshore mining company that focuses primary on magnetite (Fe3O4) mining which has an area of 1,902.59-hectare or 19,025,939-square meter area located 14 kilometers offshore from the municipality of Gonzaga, province of Cagayan.
Difference between Offshore and Onshore Mining
The difference between offshore mining and onshore mining is that offshore mining is done thru the use of environmentally safe and ecologically balanced siphoning vessel with advanced technology system of mining minerals under the sea. Siphon vessel system have been successfully used in Japan, New Zealand and in Indonesia for the last several decade with no published negative effect to the environment. On the other hand, onshore mining involves heavy earth movements by extraction equipment like bulldozers, pay loaders, dump trucks, backhoes and the like that are usually done in the mountainous areas that causes environmental situation and ecological imbalances.
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