Governor calls for mine pullout from NVizcaya
BY LEANDER C. DOMINGO
BAYOMBONG, Nueva Vizcaya (July 15)—Gov. Carlos Padilla has called for the pullout of the Australian -owned OceanaGold Philippines Inc. from the province for failure to get a renewal of its license to operate that expired a year ago.
Padilla said the call was because of a recent decision of the Court of Appeals (CA) 16th Division denying OceanaGold’s petition in connection with its claim that it can continue to operate the Didipio mine in Kasibu town, pending renewal of its financial and technical assistance agreement (FTAA).
“In view of such development, we now strongly demand the complete pullout of OceanaGold from the area,” he added.
OceanaGold’s 25-year FTAA became effective on June 20, 1994 and that its initial term expired on June 20, 2019.
But t...