March 18, 2010
Mining Investments in Davao Region on the Rise
Published on April 18, 2007
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DAVAO CITY, April 18 (PNA) – Mining investments in the Davao Region remarkably increased in 2006 compared to previous year, data from the Mines Geosciences Bureau (MGB) Davao showed.
In 2006, mining companies that applied for exploration operations in the regions mineral-rich deposit areas totaled to 26 with a paid up capital amounting to P872,952,278.91 compared to 2005 with 14 companies and corresponding paid up capital of P799,063,920.00.
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