Mining FTAA applicant posts bond
August 27th, 2009
Filed under: General News
MANILA - A foreign miner has placed a performance bond as part of its application to have a Financial or Technical Assistance Agreement (FTAA) with the government for its mining project in the Philippines.
“Metals Ex (Metals Exploration Plc) submitted a bond of P175 million,” mines bureau chief Horacio Ramos told reporters.
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