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OceanaGold Remits Its First Payment Of PhP1.1 Billion Additional Government Share

OceanaGold (Philippines), Inc. (OGPI) which operates the Didipio Gold-Copper Mine is pleased to announce it has remitted USD20.3 million (PhP1.1 billion) in ....

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LRC files petition against OceanaGold FTAA

Nonprofit organization Legal Rights and Natural Resources Center (LRC) filed a petition for certiorari seeking the reversal of the Financial or Technical Assistance Agreement (FTAA) issued to OceanaGold Philippines Inc. (OGPI). LRC filed the petition before the Bayombong Regional Trial Court on behalf of Nueva Vizcaya stakeholders last Monday. The… ....

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Gov't to explore, protect lands with 'critical metals'

Gov't to explore, protect lands with 'critical metals'
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Gov't to pursue own mineral exploration – Manila Bulletin

Published May 10, 2021, 6:00 AM
The government also plans to conduct its own mineral explorations across different parts of the country following the implementation of Executive Order (EO) 130, which now allows the approval of new mining projects in the country.
Mines and Geosciences Bureau (MGB) Director Wilfredo Moncano said such a plan will prevent the disposal of government-owned mining assets for the wrong value.
MGB Director Wilfredo Moncano (Photo credit: https://region1.mgb.gov.ph/)
“We also intend to do our own mineral exploration in mining assets held by the government, [through] PMO [Privatization Management Office], to provide updated geological information and evaluation of these mining assets so they could be disposed at a better price,” Moncano told Business Bulletin. ....

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