Philippines – Co-O Gold Project in Mindanao
Our firm represented a publicly-listed subsidiary of Consolidated Press Holdings (its major shareholder was Kerry Packer) on this project. This project comprised the negotiation and documentation for this gold project development on the island of Mindanao in the Philippines. Our senior partner travelled to the Philippines more than 20 times over a three year period for the various stages of the negotiations and was appointed as a director of the subsidiaries established to hold CPH’s interest in that project.
The project involved the establishment of a gold mine and processing plant which operate today under different ownership.
With our firm’s special connections to President Cory Aquino at that time, we were able to facilitate bureaucratic resolution with direct contact to the President when necessary to allow the project to proceed to completion.