mt diwalwal mining plant

peza to grant ecozone status to gold-rich mount diwalwal to attract big investors | bilyonaryo business news

The Philippine Economic Zone Authority (PEZA) plans to turn some 8,000 hectares of land of Philippine Mining Development Corp. (PMDC) into mineral processing industry zones, PEZA Director General Charito Plaza said.

MANILA The Philippine Economic Zone Authority (PEZA) plans to turn some 8,000 hectares of land of Philippine Mining Development Corp. (PMDC) into mineral processing industry zones, PEZA Director General Charito Plaza said.

?So we will be inviting investors who will put up the mineral processing plants. For example in Diwalwal, it?s gold. Basically, it?s a gold mining area. Once we bring a gold processing plant, which many already manifested to come, we will be able to put a stop on the illegal extraction of our minerals, or the smuggling especially of our gold,? Plaza said.

?So we will help the Philippine Mining Development Corp. put order in these mining areas that are owned by the government. And we will invite soon the different mining companies of the country, encouraging them to put up mineral processing industries,? Plaza said.

?This is also in line with the pronouncement of President Duterte during his SONA (State of the Nation Address) that our government is now looking at how to stop the exportation of raw minerals. So this project of PEZA inviting mineral processing industries is the answer,? the PEZA chief added.