Makilala Mining Co. Inc.
Makilala Mining Company, Inc. (MMCI) was registered as an exploration company for project generation and exploration in the Securities and Exchange Commission of the Philippines on 15 October 1996. The company was then a subsidiary of Phelps Dodge Exploration Corporation-Philippine Branch (PDEC) and later acquired by Freeport-McMoRan Exploration Corporation-Philippine Branch (FMEC) in 2007.
In September 2020, MMCI became a subsidiary of Celsius Resources, Ltd., a dual listed company in the Australian Securities Exchange and the Alternative Investment Market of the London Stock Exchange.
On 20 March 2023, MMCI entered into a binding deed and agreement with Sodor, Inc. to attain the required 60% Filipino legal ownership as a requirement for the application of a Mineral Production Sharing Agreement with the Philippine Government for its flagship MCB Project.
The company is committed to delivering mutually-beneficial natural resource projects with a balanced approach to project development in which social, environmental and economic growth are given equal importance in the project planning, design, and implementation in close collaboration with its local stakeholders.
MMCIs core business strategy is founded on sustainability which shapes how the organization operates, engages with stakeholders, and creates long-term value. In a rapidly evolving industry where regulatory, investor, and societal expectations are shifting, the company recognizes that responsible mining is the only viable path to operational resilience, market leadership, and sustainable profitability. By integrating transparent governance, ethical business practices, and responsible decision-making, MMCI’s corporate leadership is aligned with sustainability-focused principles, ensuring that the leadership team drive long-term value creation through responsible and ethical mining.
This commitment is enshrined in the Company’s Vision, Mission and Values.