KASIBU, Nueva Vizcaya: The national government has finalized the updated financial and technical assistance agreement (FTAA) with Australian-Canadian mining firm OceanaGold Philippines Inc. (OGPI).
OGPI’s 25-year FTAA became effective on June 20, 1994 and its initial term expired on June 20, 2019, a year after it lodged its renewal application. Its mining operation is considered among the most environment-friendly in the Philippines.
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