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Narra Nickel Mining and Development Corp. vs. Redmont Consolidated Mines

NARRA NICKEL MINING AND DEVELOPMENT CORP., TESORO MINING AND DEVELOPMENT, INC., and MCARTHUR MINING, INC., Petitioners, vs. REDMONT CONSOLIDATED MINES CORP., Respondent.

G.R. No. 195580 | 2014-04-21

Republic of the Philippines
SUPREME COURT
Baguio City
 
THIRD DIVISION
 
DECISION

VELASCO, JR., J.:
 
Before this Court is a Petition for Review on Certiorari under Rule 45 filed by Narra Nickel and Mining Development Corp. (Narra), Tesoro Mining and Development, Inc. (Tesoro), and McArthur Mining Inc. (McArthur), which seeks to reverse the October 1, 2010 Decision1 and the February 15, 2011 Resolution of the Court of Appeals (CA).

The Facts

Sometime in December 2006, respondent Redmont Consolidated Mines Corp. (Redmont), a domestic corporation organized and existing under Philippine laws, took interest in...