With 16 years of on-the-ground experience, Mindoro has made several significant discoveries, several of which are at the feasibility evaluation or early development stage, and has established an award winning record as a socially and environmentally responsible explorer in the world class mining districts of the Philippines.
In 2012, Mindoro signed four joint venture agreements with TVI Pacific Inc. - a Direct Shipping Ore (DSO) joint venture and a processing joint venture on each of the Agata and Pan de Azucar mining projects. These joint ventures present Mindoro with multiple growth opportunities for near and medium term cash flow generating potential.
Agata Mining Opportunities Under Joint Venture with TVI
high iron laterite direct shipping ore (DSO) operation
limestone DSO operation
nickel processing plant project
lime production facility
On October 31, 2012, Mindoro announced the sale of its Batangas projects (Lobo and Archangel) to Australian listed Red Mountain Mining Ltd. (ASX: RMX) in October 2012. As a result of that transaction, Mindoro currently holds 100 million Red Mountain shares (20.9% of issued stock).
Mindoro is a Tier 1 Issuer trading on the TSX Venture Exchange (MIO), Australian Securities Exchange (MDO) and Frankfurt Stock Exchange (WKN 906167).