PMEA Blog

Nine miners have expressed interest to partner with the government in exploring and developing the fourth parcel of the Mt. Diwalwal gold rush area in Compostela Valley in Mindanao, which is said to hold the country’s largest gold deposits.

These are Paraiso Consolidated Mining Corp. (Pacomingco), construction firm FF Cruz & Co., Inc., Philex Mining Corp., Blackstone Mineral Resources, Inc., Udema Holdings, China NonFerrous Metals Mining (Phil.) Group Co., Angping-led Geograce Resources Philippines, Inc., Balatoc Gold Resources Corp. and Mt. Sinai Mining Exploration and Development Corp., documents from the Philippine Mining Development Corp. (PMDC) showed.

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