Toledo Mining says Philippines govt to process Berong project agreement shortly
June 6th, 2007
Filed under: Mineral - Nickel, Operator - Toledo Mining, Region 07 - Cebu
LONDON (Thomson Financial) - Toledo Mining Corporation PLC said it believes that its mineral production sharing agreement (MPSA) application covering the 288 hectare Berong project will be processed shortly by the Philippines government.
The company also said the government has approved its MPSA for the Berong nickel project.
Toledo also said it is confident that all other MPSA areas will also be processed before the end of 2007.
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