Mining News - Monday, December 8, 2008 4:03 - 0 Comments

OceanaGold loses financial capacity to pursue operations; Should bow?out of the Didipio FTAA

OceanaGold is under “care and maintenance”. What does this mean? Asked Manong Peter Duyapat, chairperson of Didipio Earth Savers Multi?Purpose Association or DESAMA as he heard the news from supporters while attending a conference in Manila. “The Didipio community will rejoice if that news of OceanaGold means that they are withdrawing from their mining operation in our village. We’ll have a ‘kanyaw’ (Ifugao celebration) when I get back to our community in Didipio. This is indeed is a welcome news for all of us indigenous peoples in Didipio, Nueva Vizcaya and Quirino”. [MORE]