PMEA Blog

According to DNER the mining sector is well placed to ride out the current global economic crisis, due to its strength in the gold and silver sectors. During economic downturns, precious metals are generally seen as safe havens for investment. Indeed, in the Philippines’ two gold mines are expected to begin operations this year. The first is the Filminera Masbate Gold Project, which is
being developed by Philippines-based Filminera Resources and Australia’s CGA Mining, which together have invested US$200mn in the projects.

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