They did have a JV with Anglo on the western side of Boyongan -the 15 million oz gold/copper discovery in Surigao del Norte. Boyongan has been downgraded a little (see Philex Gold reports) although recent drilling was still encouraging -and the western faulted segments seem to be the focus -even added another rig -about 6 at last count. Maybe something cooking there -but most probably Petsec.
is climax riding on the back of petsec, page-2
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