Marcventures Mining and Development Corporation


Marcventures Mining and Development Corporation (MMDC), is a wholly owned subsidiary of MHI. It operates a nickel mine in the Municipalities of Cantilan, Carrascal and Madrid in the Province of Surigao del Sur under Mineral Production Sharing Agreement No. 016-93-XIII covering an area of 4,799 hectares approved on July 01, 1993. It started commercial operations in 2011. In 2005, MMDC obtained an Amended Environmental Compliance Certificate to extract 5.0 million wet metric tons (wmt) of nickel laterite ore on a yearly basis.

As MMDC continue to expand the business, the company remains committed to enhancing shareholder value. They continue to employ the best industry practices and to operate in a manner that is fair and responsible. They aim to further contribute to the country’s long-term socio-economic growth, to promote self-reliance among residents of our host communities long after mining has ceased, to pursue the safety and welfare of our people – all while endeavoring to reduce our environmental footprint with future generations of Filipinos in mind.