Anglo American Explores Copper and Gold Sites in Philippines

17 September 2009 (Last Updated September 17th, 2009 18:30)

Anglo American is conducting exploration work on gold and copper deposits in the Cordillera region of the Philippines, philstar.com reports. Anglo American's Philippines exploration manager Roderick Watt said that the group has obtained an exploration permit from the government to inves

Anglo American is conducting exploration work on gold and copper deposits in the Cordillera region of the Philippines, philstar.com reports.

Anglo American's Philippines exploration manager Roderick Watt said that the group has obtained an exploration permit from the government to investigate a potential 8,000ha mining site in the northern province of Apayao, the local news service said.

Watt said the firm would fund $1m of exploration work and it is to apply for a permit to conduct exploration at more provinces in the Cordillera region.