Philex Puts Silangan Mine Project on Hold

Philex Mining will put on hold its next big mining project, Silangan Mine in Surigao del Norte, after investing P17 billion following Environment Secretary Gina Lopez’s order banning open-pit mining. The company said it would abide by the order and is hesitant to file legal action against it. It added that there have been some initial movements on the project but nothing significant has been developed…

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