LGUs push for non-renewal of OceanaGold’s Didipio FTAA - News Summed Up

LGUs push for non-renewal of OceanaGold’s Didipio FTAA


The renewal of the FTAA will allow OceanaGold to continue operating the Didipio gold and copper mine for another 25 years. We are already having a hard time asking them to pay taxes, how much more this?” Nueva Vizcaya Governor Carlos Padilla told The STAR yesterday. However, the DENR and MGB are pushing for the renewal of OceanaGold’s FTAA, The STAR learned. MGB assistant director Danilo Uykieng and Environment Undersecretary Jonas Leones confirmed they endorsed OceanaGold’s renewal application to the Office of the President. Nueva Vizcaya is host to two of the largest mining projects in the country, OceanaGold’s Didipio mine and FCF Mineral’s Rurnruno Gold-Molybdenum project.


Source: Philippine Star June 18, 2019 16:09 UTC



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