Mining firm wants villagers to pay for its losses
Filed under: Mine - Didipio, Mineral - Copper, Mineral - Gold, Operator - OceanaGold
From: Inquirer.net
By Melvin Gascon
Philippine Daily Inquirer
BAYOMBONG, Nueva Vizcaya – An Australian mining company has asked the court here to compel tribal residents in an upland village in Kasibu town to pay for the losses it has incurred, after a court order forced it to stop demolishing houses for its planned gold-copper mining project.
In a hearing on Wednesday, officials of OceanaGold Philippines Inc. asked Judge Vincent Eden Panay to increase the bond already posted by 31 complainants from Didipio village, in connection with an injunction case they filed last week against the company.
“We believe that the bond (of P50,000) posted by the complainants is not commensurate to the losses that the company has been suffering as a result of this (temporary restraining order),” said Diosdado Trillana, counsel for the mining firm.
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