Metals Exploration’s Manila Unit Eyes 2012 Gold Mine Start

Reuters reported that FCF Minerals, a subsidiary of Metals Exploration (LON:MTL), is planning gold-moly production in late 2012.

The market news is quoted as saying:

“We have submitted the declaration of our mining feasibility to the government. The Mines bureau has already endorsed the feasibility study to the Environment department,” FCF country manager Craig Watkins said at a mining conference in Manila.

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