Benguet Corp. donates controversial Antamok site - News Summed Up

Benguet Corp. donates controversial Antamok site


Benguet Corp. donates controversial Antamok site 6 SHARES Share it! The victims are part of the illegal gold mining activities near an old abandoned bunkhouse that happens to be owned by listed company Benguet Corporation, a member of Chamber of Mines of the Philippines (COMP). “There was really intention for the company to reopen that site once the gold prices improve,” Reynaldo Mendoza, Benguet Corp.’s senior vice president for Public Affairs and Legal Services, said. “That property has a lot of potential resources and now we’re giving it up because of illegal small-scale mining,” he added. The three major mines in Itogon – Antamok, Acupan, and Kelley – contribute about 60 percent of the gold production of the company during the ’90s.


Source: Manila Bulletin September 22, 2018 13:52 UTC



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