KASIBU, Nueva Vizcaya: Officials of an Australian mining firm said they are currently in “deep talk” with a union to thresh out their differences resulting from the firm’s cost-cutting measures as the price of gold declined in the word market.

General Manager Brennan Lang of OceanaGold Philippines Inc. (OGPI) said they have started putting in place cost-cutting measures to remain profitable in the face of the 27-percent gold price depression in the world market over the past year.

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