DEVELOPING
THE ARCHIPELAGO
SUSTAINABLY
INTO THE FUTURE
US$3.6B RESOURCE VALUE
OF COPPER & GOLD
US$3.6B RESOURCE VALUE
OF COPPER & GOLD
At Phil Alstron, our primary focus lies in the growth-driven development of gold, copper, and silver mining within the Philippines’ archipelago. Our flagship venture, Project Phoenix, is actively engaged in operations. Situated in the north-northeastern region of Mindanao Island, precisely in Agusan Del Norte, in the Caraga region, our tenement is positioned about 40 kilometers northwest of Butuan City, nestled within the municipality of Tubay.
Our commitment is underpinned by substantial projections, with an estimated resource value of USD 3.6 billion, based on 25 hectares on measured basis. This remarkable potential speaks to our dedication to extract, process and supply these valuable resources responsibly and sustainably. With the MPSA 311 that grants us the operational permit for 25 years, with the option of renewal for an additional 25 years. This extended commitment underscores our dedication to the long-term development and success of the mining industry in this region.
Our present progress is evident not only in our ambitions but also in our tangible achievements. The mining operation is currently focused on the DSO of copper ore estimated at USD 50 million in turnover for the financial year 2023 to 2025. This valuable asset not only reflects our operational capabilities but also serves as a testament to our commitment to efficiently manage and utilize our resources.
In essence, our endeavors at Phil Alstron encapsulate a holistic approach to responsible mining. With an eye on substantial projections, a secure and extendable tenure, and a significant current ore stockpile, we continue to strive for excellence in our mining operations while upholding our commitment to sustainable practices, community engagement, and environmental stewardship.
PAMC AT A GLANCE
*as of December 2022
excellence
tenement rights
OF TENEMENT
PROJECTED REVENUE
FY 2023 to 2024
JORC and PMRC CERTIFIED
RESOURCE VALUE
GOLD & COPPER
ECC and DMPF APPROVED
OUR OPERATIONS
MINDANAO ISLAND
The Philippines possesses abundant mineral resources. According to the Mines and Geoscience Bureau’s report, the country is ranked 3rd globally in terms of copper reserves and 2nd in gold reserves. The presence of the Philippines along the Pacific Ring of Fire results in a significant number of copper-gold deposits, primarily of the porphyry type. These deposits benefit from efficient and widely adopted processing methods, such as flotation and leaching for copper, resulting in the production of copper concentrates.
BOARD OF DIRECTORS
LIM HUI SENG
SESHA S.P
HAZEL B. FLORES
ALBERTO C. ESTINOSA
GLAIZA L. DAGARAGA
DATO' EDDY SIK POH MENGÂ Â
TAN IT BENG
HAMADI BIN CHE HARUN
EXECUTIVE CHAIRMAN
GROUP CEO/DIRECTOR
PRESIDENT
GOVERNMENT LIAISON/DIRECTOR
DIRECTOR
RISK MANAGEMENT/DIRECTOR
CONSULTANT GEOLOGIST/DIRECTOR
CONSULTANT GEOLOGIST/DIRECTOR
A pivotal force in Alstron’s mining division and a notable company shareholder, boasts a diverse entrepreneurial journey. Prior to entering the Philippine mining sector, he engaged in various ventures. This included obtaining an oil palm plantation in Kota Marudu, Malaysia, divested in 2009 during an industry upswing. He ventured into Cambodian sand mining, exporting to Singapore for land reclamation.
Since 2010, Mr. Lim actively participated in mining and geological assessments in Butuan City, Mindanao. Starting with a small-scale operation focused on a mineral-rich fault line for gold and copper, he collaborated with locals and authorities, establishing roads and engaging experts.
Mr. Lim’s dedication led him to oversee large-scale mining and manage Alstron Mining Group. His operational expertise benefits local employment and shareholders’ returns. He contributes significantly to the company’s growth and prosperity.
With 23 years of standout performance spanning global markets, Sesha excelled as a Group CEO, and Executive Director, specializing in expansion, start-up, and turnaround strategies. Possessing an MBA and extensive senior management experience, his expertise ranges from corporate strategic management to corporate finance in multinational entities across the Asia Pacific and Australia. He assumed the role of Group CEO, shareholder, and director in Alstron Mining Group in 2016.
Having been previously based in Melbourne, he is renowned for leading multinational organizations to achieve exceptional growth results. Sesha’s extensive international network adds value to the organization. His consistent performance underscores his commitment to aligning strategies with company goals. Recognized for innovative problem-solving and adeptness in operational restructuring, Sesha’s impact is evident across various corporate settings.
Having been part of Alstron Mining Group since its inception in 2010, Hazel joined the company after three years of service as Head of the Finance Department at the YMCA in Makati City, the Philippines. Throughout her tenure at Alstron Mining, she has played a vital role in the company’s development, gaining valuable experience across various departments to prepare her for her current position.
Presently, she collaborates closely with Mr. Lim and Mr. Sesha S.P in Malaysia, serving as the crucial connection between Malaysia and the Philippines. Additionally, she boasts considerable expertise in dealing with inter-governmental agencies in the Philippines.
With 18 years of experience at the Philippines Embassy in Kuala Lumpur, Mr. Estinosa has served in various roles, providing him exposure to international communities and businesses while representing the Government of the Philippines. In 1976, he achieved the title of National Karate Champion in the Philippines. He represented the Philippines in an international Karate tournament held in Kuala Lumpur, Malaysia.
Subsequent to his departure from the Philippines Embassy in 1995, he ventured into setting up and managing a successful scientific equipment fabrication and supply company in Malaysia. His company primarily deals with government supply and contracts. Currently, he plays a vital role in ensuring the smooth functioning of Alstron’s ongoing operations in the Philippines. This involves liaising with government, provincial, and local authorities to ensure compliance with legal and regulatory requirements. He plays a key role in navigating changes in the mining legal framework and governance for the company.
With a tenure at Alstron Mining Group starting in 2011, Glaiza previously served as the Head of Sales at Bounty Agro Ventures. Presently, she leads the entire Alstron operations portfolio and maintains close communication with the mining workforce and management, including mining engineers and project consultants.
Her responsibilities include overseeing the seamless execution of mining and exploration tasks and providing regular updates and reports to the Malaysia Office on the mines’ operations. As a key figure, Glaiza plays a crucial role in ensuring that project timelines and cost budgets are effectively met.
Possesses an extensive background with over 20 years of professional Corporate Consultant experience and senior management expertise in a wide range of industries. Throughout his career, he has held various senior positions in companies listed on Bursa Malaysia.
His qualifications include an Executive Masters degree in Business and Industrial Management and he holds the Certified Financial Planner (CFP) designation from the Financial Planning Association of Malaysia as well as being a Registered Financial Planner (RFP) accredited by the Malaysian Financial Planning Council. In addition to his impressive credentials, Dato’ Eddy is licensed by the Security Commission of Malaysia for Financial Planning advisory and serves as a Financial Advisor’s Representative (FAR), providing risk management advice to both corporate entities and individuals. Notably, in 2019, he was appointed as a Nominee by the Malaysia Department of Insolvency (MdI) to act on the Voluntary Arrangement (VA).
Tan holds a B.Sc. (H) in Applied Geology from the University Malaya and embarked on his career in 1979 at Conzinc Rio Tinto Malaysia as a geologist. He focused on Integrated Hard Rock Base and Precious Metals Exploration across Malaysia and Indonesia. From 1981 to 2014, he was attached to Kumpulan Perangsang Selangor Bhd (KPSB where he collaborated with prominent entities such as Rio Tinto, Alluvial Dredges Ltd (UK), and more. His roles spanned Head of Mine Planning, feasibility studies, ore reserves estimation, dredge construction, production scheduling, and marketing of tin ore and heavy minerals.
He holds the distinction of being a Life Member of the Geological Society of Malaysia. In essence, Tan’s career showcases his expertise in geology, strategic collaborations, mining operations, and his pivotal role in diverse projects across ASEAN, shaping him into a versatile and knowledgeable professional in the field.
Currently the Registrar of the Board of Geologists Malaysia, graduated with a B.Sc. (H) in Applied Geology from the University Malaya. He is certified in Remote Sensing Techniques & Application from the Asian Institute of Technology and in Mineral Exploration from Imperial College London. Served as Director of the Johor Geological Survey Office and the Kelantan Geological Survey Office. Roles at JMG HQ as Head of Mineral Intelligence Unit & Director of Mineral Economics Division.
Experienced in projects like the ‘Thorium as a Strategic Resource for Nuclear Power Generation’ study for the Ministry of Science & Technology and ion-adsorption rare earth elements (REE) resource investigation for the Academy of Science Malaysia. Advised the WTO, FTA, and coordinated Malaysia-Indonesia bilateral cooperation on Geology & Mineral Resources. Represented Malaysia at ASOMM, AMMin and APEC. His diverse expertise in geology and mineral resources, as well as his global contributions, demonstrate his significant role in the field.
Our prestigious mining venture of gold and copper resources located in Agusan Del Norte, specifically within the Caraga region, Municipality of Tubay, situated to the northeast of Mindanao Island.