Sagittarius Mines, Tampakan town reach deal.

Byline: Romer S. Sarmiento

GENERAL SANTOS - Foreign-backed Sagittarius Mines, Inc. has reached a four-year deal with the local government of Tampakan, South Cotabato, effectively ending a ban imposed by town officials on the miner's operations.

The municipal council had passed a resolution imposing a moratorium on the mining operations of Sagittarius, which is exploring huge copper and gold deposits.

Tampakan acting Vice-Mayor Relly A. Leysa told reporters the firm and the local government finally fixed early this week a revised municipal principal agreement that was supposed to be finished last year.

"The major point of that final principal …