Tag: #Mines and Geosciences Bureau (MGB)
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Gov’t finalizes FTAA renewal for Oceanagold
The Philippine government has already finalized the updated Financial and Technical Assistance Agreement (FTAA) with Australian-Canadian miner OceanaGold Corporation (OceanaGold) nearly two years since the major mining deal expired.
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Suspended mines allowed to resume operations
The Philippine government has allowed the mining companies that were suspended and ordered closed by former Environment Secretary and late Regina Paz Lopez in 2017 to continue operating.
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PH’s nickel value rises despite decline in output
The Philippines’ nickel output declined in 2020 amid the COVID-19 pandemic, but thanks to higher global prices, its full-year export value went up to P25 billion.