State-run National Power Corporation (Napocor or NPC) on Tuesday said it is demanding P6.42 billion from beleaguered Philex Mining Corp. for the mine waste dumped into the San Roque Multi-purpose Facility reservoir as a result of the tailings pond accident in the miner's Padcal copper-gold operations in Itogon, Benguet at the height of enhanced monsoon rains last August.
Napocor vice president and legal counsel Melchor Ridulme noted in a letter to Philex president Eulalio Austin that the build up of 13,513,507 cubic meters of mine waste in San Roque Multi-purpose Facility damaged the vegetation in the San Roque Watershed Reservation.
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