The Bangko Sentral ng Pilipinas signs a purchase agreement with OceanaGold Philippines Inc., which operates a mine in the Nueva Vizcaya-Quirino area under a financial or technical assistance agreement with the government. Under the agreement, OGPI will offer for purchase not less than 25 percent of its annual ore production at fair market prices. It forms part of the BSP’s efforts to promote livelihood, productivity, and sustainable gold production by expanding BSP’s gold sourcing beyond small-scale mining to include large-scale miners. Displaying the documents of the agreement are (from left) Finance Undersecretary Bayani Agabin, BSP Governor Benjamin Diokno, OGPI president and general manager Joan Adaci-Cattiling, and acting Environment Secretary Jim Sampulna.
