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Indonesia, Mining, Papua New Guinea, Philippines

Energy Development Corp renews PNG contract

Energy Development Corp., has again renewed its drilling contract with Lihir Gold Ltd. (LGL) of Papua New Guinea.

In a filing with the Philippine Stock Exchange, EDC said its contract with Lihir has been extended up to Dec. 31, 2012.

EDC earlier announced that it was scouting for prospective geothermal drilling projects in Indonesia and other markets.

More information at the Business Inquirer

 

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About Samantha Magick

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