MacArthur Iron Projects Corp. (MIPC) has withdrawn its cutter suction dredger (CSD) and announced it will re-evaluate its black sand mining operations following local opposition.
Residents had set up barricades in Barangay Maya to block the CSD, concerned that mining would expand into rice fields and coconut groves.
MIPC emphasized that the project aims to boost local economic growth, generate thousands of jobs, and contribute over P100 million annually in taxes and regulatory fees.
The company also posted a P56 million rehabilitation bond to ensure mined areas are restored and highlighted a five-year community program for health, education, livelihood, and infrastructure.
MIPC said the withdrawal is intended to maintain harmony and prevent further conflict while revisiting its work plan.
Source: PhilNews24 | March 3, 2026
