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The Development Bank of the Philippines DBP granted a P416-million credit line to the country’s first large-scale offshore mining firm JDVC Resources Corporation. The loan will boost JDVC’s local production of iron ore to meet rising demand as the global economy recovers according to DBP President and Chief Executive Officer Emmanuel G

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The Copper-Gold Mine ceased production in 1971 due to low metal prices having produced 786835t of ore for 14250t of copper and 22843oz of gold with silver credits. The business has the product eligible for a Biological Farmers Association certifi e stating the product is suitable for Organic Farming use.

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iron ore mine for sale philipines