SYDNEY, AUSTRALIA — Following President Ferdinand R. Marcos Jr.’ and DTI Secretary Fred Pascual’s successful visit to Melbourne, which yielded USD1.53 billion in business agreements, the Department of Trade and Industry’s (DTI) Philippine Trade and Investment Center in Sydney (PTIC Sydney), lauded the recent grant of a mining permit to Perth-based Celsius Resources.

MANILA – Listed mining firm OceanaGold Philippines Inc. is expected to have higher gold and copper production in the second half of the year, its parent firm said on Tuesday.

In the first quarter of 2022, the San Miguel Corporation, one of the largest and most diversified conglomerates in the Philippines, began preparatory work for a coal mine in the village. This was despite opposition from the local Catholic Church as well as environmental and tribal groups, who cited concerns about risks to the environment and to lowland farms that rely on the upland watersheds for irrigation.