OceanaGold seeks partners for troubled Philippine project
July 25th, 2008
Filed under: Mine - Didipio, Mineral - Copper, Mineral - Gold, Operator - OceanaGold, Region 02 - Nueva Vizcaya
From: www.metalmarkets.org.uk
By Gill Montia
Australian miner, OceanaGold, has announced that it is currently in discussions with various parties regarding strategic options for its Didipio project in the Northern Philippines.
The company needs to raise $185 million to continue with the project and is considering joint venture and/or merger opportunities in relation to the troubled copper and gold mine.
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