Philex eyes Diwalwal gold mines
August 23rd, 2007
Filed under: Mineral - Gold, Operator - Philex, Region 13 - Surigao Del Norte
From: Inquirer.net
Author: Daxim Lucas
The largest Filipino-owned mining firm has expressed its interest in setting up operations in the gold-rich Mount Diwalwal Mining Reservation in Mindanao — a move that could help the government harness the potential of the controversial gold-rush area.
In an interview with the Inquirer, Philex Mining Corp. chairman and chief executive Walter Brown said that he recently made his intentions known to government officials in charge of developing what is touted as the Philippines’ richest gold mine.
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