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Gold jewellery to be the focus for Philippines valley > Gold News > World Gold Council Members

 

Gold jewellery to be the focus for Philippines valley

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Tuesday, 28th August 2007 (4396 views)

The Compostela Valley province in the Philippines has announced that it is set to focus on a jewellery making future, harnessing local gold resources in the process.

According to the region's governor, Arthur Uy, jewellery making will be a priority of his administration, replacing the focus on small and large-scale gold mining that has previously characterised the area's involvement with the metal.

"They have the capacity and the skills, we have the resources. We just need the technical people to come in for designs and production style fit for the market," Mr Uy said, referring to the area and the people, according to MindaNews.

He claimed that it was logical for the valley area to process the gold reserves locally and produce gold jewellery, with areas that do not have such reserves - such as Meycauayan in Bulacan - creating jewellery.

The governor also suggested that the process has already begun in the area, with refinements and improvements to the system now needed.

Compostela Valley is located on Mindanao, the second-largest island in the Philippines.

 

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