PMEA Blog

Philex Mining Corp., the Philippines’ biggest mining company, might buy into the Didipio gold project of Australian miner OceanaGold Phils. Inc., company president and chief operations officer Ernesto Villaluna said Wednesday.

“We are conducting due diligence now. We have to study the reserve, how to increase it, as well as [the project’s] fatal flaws,” Villaluna told reporters in a briefing at the 10th Philippine Mining Conference and Exhibition in Manila Hotel.

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