The Global Resource For Connecting Buyers and Sellers

Philippines give go-ahead for St Augustine’s $2bn King-king project

The Philippine Mines and Geosciences Bureau (MGB) has given the green light to TSX-listed St Augustine Gold and Copper’s joint-venture partner, Nationwide Development Corporation (Nadecor) to proceed with development of the King-king copper/gold project, located on Mindanao, the second largest and southernmost significant island of the island nation.
The approval of the ‘declaration of mining project feasibility’ (DMPF) marked the last significant hurdle before development could start.