Vizcaya stops OceanaGold operations


KASIBU, Nueva Vizcaya: Gov. Carlos Padilla issued an order to stop the operations of OceanaGold Philippines Inc. (OGPI) in its Didipio mines on Thursday after its Financial and Technical Assistance Agreement (FTAA) expired.

Padilla met with residents of Barangay Didipio here explaining why he had to stop the Australian-based OGPI’s mining operations.

He also disputed the letter of the Mines and Geosciences Bureau (MGB) allowing OGPI to continue its operations pending the approval of its application for the renewal of its FTAA, which expired on June 20.

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