(SunStar General Santos) - Staunch opposition to coal projects in Barangay Ned in Lake Sebu, South Cotabato has taken its toll on a foreign firm interested in investing in a venture of a Philippine company.
The United Kingdom-based Crew Gold Corp has abandoned its interest at Daguma Agro Minerals, Inc., Levitico C. Toquero, Daguma Agro's consulting geologist, confirmed last week.
He said Crew Gold, which had conducted a due diligence study at a 2,000- hectare area of Daguma Agro, pulled out its equipment late last year due to mounting opposition by residents backed by the local Catholic Church.
The United Kingdom-based Crew Gold Corp has abandoned its interest at Daguma Agro Minerals, Inc., Levitico C. Toquero, Daguma Agro's consulting geologist, confirmed last week.
He said Crew Gold, which had conducted a due diligence study at a 2,000- hectare area of Daguma Agro, pulled out its equipment late last year due to mounting opposition by residents backed by the local Catholic Church.
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