Post by
shawshank2 on Jan 08, 2021 2:18pm
Open pit green light
I don't know if I've mentioned it before but from what I can tell the majority off mines the government is going to sell to be developed is open pit. That says it all!! Oct 7 (Reuters) - The Philippine government is seeking to raise additional revenue by pushing for the resumption of operations at idle state-owned mining projects, including through the sale of its Nonoc nickel assets, Finance Secretary Carlos Dominguez said on Wednesday. The Privatization and Management Office, an agency under Dominguez, has reviewed state mining assets that could be sold, as the government scrambles for funds to meet increased spending aimed at resuscitating a pandemic-hit economy. Dominguez said he was working closely with the Mines and Geosciences Bureau and the environment ministry to revive the sale of the Nonoc nickel project in Surigao del Norte province, the Basay copper mine in central Negros Oriental province, and all other
Comment by
rapid_fire_ on Jan 09, 2021 9:48am
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