Further extension of Wärtsilä Operations & Maintenance Agreement emphasises importance of power supply reliability for Philippines gold operation
Wärtsilä Corporation, Trade press release, 30 October 2023 at 10:30 AM EETTechnology group Wärtsilä has signed a five-year renewal of its Operation and Maintenance (O&M) Agreement with Phil. Gold Processing & Refining Corp for the Masbate Gold Project (MGP) power plant located on Masbate Island in the Philippines. Wärtsilä has operated and maintained the power plant since 2009, and the renewal order was booked by Wärtsilä in June 2023. Phil. Gold operates the processing plant in the MGP operations. Phil. Gold is fully owned by B2Gold Corp. B2Gold is a low-cost international senior gold