A largE deposit of a precious metal more expensive than gold and believed to be in the sea off the island-province of Romblon, has piqued the interest of a mining company that has sought government permission to explore the area.
But local governments and environmental groups in the province have opposed the plan of the Asian Palladium Mineral Resources Inc., a firm based in Quezon City, to conduct off-shore mining and exploration off Tablas Island.
Read more: Firm sees metal costlier than gold in Romblon sea