$320M Vizcaya gold project to proceed in 2013
January 26th, 2011
Filed under: Region 02 - Nueva Vizcaya
BAYOMBONG, Nueva Vizcaya, Philippines – Amid the legal battles it is facing with the provincial government, the Australian contractor of the controversial Didipio Gold-Copper Project here said its multimillion-dollar venture in the province will commence commercial production in two years’ time.
The OceanaGold Corp. (OGC), which the national government had commissioned to undertake the project under a Financial and Technical Assistance Agreement (FTAA) issued during the Ramos administration, said it is on track toward commercial operation in 2013.
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