^
+ Follow BUENAS-TINAGO AND BALITE Tag
BUENAS-TINAGO AND BALITE
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 381311
                    [Title] => Public listing eyed for firm that will develop Mt Diwalwal gold project
                    [Summary] => 



The government is considering a public listing for the new company that will develop the Mt. Diwalwal gold project in Monkayo, Compostela Valley in Mindanao.


Socioeconomic Planning Secretary Romulo L. Neri said the discovery of about P50 billion worth of gold reserves in the mine site is enough to hold an initial public offering (IPO). In fact, he said "there is more where it came from."

"There are enough reserves there to do an IPO," Neri stressed.
[DatePublished] => 2007-01-23 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1480108 [AuthorName] => Ma. Elisa Osorio  [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 268406 [Title] => Gov’t takes over abandoned mines [Summary] => The state-run National Resources Mining Development Corp. (NRMDC) will take over and undertake the rehabilitation of three abandoned minesites as part of government’s measures to further perk up the renewed interest in the local mining industry.

"We are currently negotiating with the concerned parties about the turnover of these abandoned minesites and we expect to have something positive in the next two weeks," said Artemio Disini, president of NRMDC.
[DatePublished] => 2005-02-09 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1704647 [AuthorName] => Rocel Felix [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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