May 28, 2016 6:27 PM ET

Company Overview of Marcopper Mining Corp

Company Overview

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Philippines

Key Executives for Marcopper Mining Corp

Marcopper Mining Corp does not have any Key Executives recorded.

Marcopper Mining Corp Key Developments

Court of Appeals Denies Marcopper Mining Corp.’s Appeal

The Court of Appeals (CA) has denied Marcopper Mining Corp.’s appeal against its decision subjecting to trial the class suit by local fishermen affected by a mining pit’s collapse 20 years ago. The mining firm unsuccessfully petitioned the appellate court to reverse the Boac Regional Trial Court (RTC) Branch 38’s July 5, 2013 order denying its motion to dismiss the Calancan Bay Fisherfolk Federation’s (CBFF) class action. In dismissing the mining company’s motion for reconsideration, the CA Former Fifth Division also defended its June 29, 2015 decision that cited Wikipedia and other online sources in explaining why it allowed the Boac court to tackle the suit. Marcopper claimed the June ruling - based on the grounds of massive damage to local’s health and the environment - was anchored on unsubstantiated conclusion of facts tantamount to prejudgment of the case. The appellate court explained it had to study why the mining pit collapsed in March 1996 and how the villagers and the island’s water systems were affected by the ensuing tailings leak. It held that the use of Internet articles to resolve the petition to dismiss the class suit was â in a fair and just manner. The June 29, 2015 decision allowed the Boac RTC to proceed with the case after finding the incident to be “an environmental disaster with far- reaching consequences” which the trial court can take cognizance of. The appellate court also took note of the fact the class suit listed the names of persons who died and children who were afflicted with diseases in the aftermath of the disaster.

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