Sale of idle mines, better economy seen as 4th quarter... These only make sense to mine as open pit as far as I can tell:
Sale of idle mines, better economy seen as 4th quarter revenue boosters
https://business.inquirer.net/324430/sale-of-idle-mines-better-economy-seen-as-4th-quarter-revenue-boosters#ixzz6xQ0XySEO
The government was setting its sights on selling a couple of mining assets as soon as their revaluations were finished. The Department of Finance’s (DOF) Privatization and Management Office (PMO) had been also working to untangle the legal barriers to sell idle mines like North Davao Mining Corp.’s mine in Davao del Norte and Pacific Nickel Philippines Inc.’s in Surigao del Norte.