St. Augustine Gold & Copper subsidary St. Augustine Services Inc. (SASI), has signed a Memorandum of Agreement with the Technical Education and Skills Development Authority (TESDA) of the Philippines, the first MOA for a mining company. TESDA will both facilitate and participate in the conduct of workforce training for the King-king project through construction and operation. Secretary and TESDA Director-General Joel Villanueva and SASI President and Chief Executive Officer Andy Russell both signed the MOA at the TESDA central office in Taguig City. The MOA sets in motion detailed plans jointly developed over the previous year to prepare the local Mindanao work force in Pantukan and Compostela Valley to move the project into the development phase, pending approval of the submitted Declaration of Mine Project Feasibility (DMPF) application. (more…)