President Ferdinand Marcos Jr. arrives in Vancouver, Canada, for an official visit from July 1 to 4. The aircraft carrying the Philippine delegation landed at 4:46 p.m. on July 1 (local time), or 7:46 a.m. on July 2 in Manila. Photo courtesy of the Presidential Communications Office
MANILA, Philippines — Canada-based mining companies announced plans to expand their operations in the Philippines during a high-level roundtable discussion on critical minerals and energy with President Ferdinand Marcos Jr. on Friday (Canadian time).
The Presidential Communications Office (PCO) said in a press release that OceanaGold Corp., a gold mining and exploration company, plans to invest $1.9 billion to expand its operations in the Philippines.
According to the PCO, the expansion aims to extend the operational life of the Didipio Gold-Copper Minein Kasibu, Nueva Vizcaya, through 2037.
READ: Marcos arrival in Canada
