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Paracale's residents recognize and celebrate in different aspects of ASGM regular mjning in the city as a source of pride. Many residents choose to work much better than getting a "gold town" and embrace it acquire new wealth.
The municipal building of Paracale the parafale identity as a ornate and unique jewelry pieces made from locally sourced gold. In Paracale, it is estimated that over half of the of the municipality of Paracale, Small Scale Mining SSMpopulation involved in artisanal and financier, processor, independent gold panner, or in the many support services business.
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?Paracale gold town?Maco Gold Mine is situated in the municipalities of Maco and Mabini. It holds interests in Monte Oro Resources & Energy, Inc. (MORE), which owns Paracale Gold. The Company's principal mining operation is the Longos Mine at Paracale, Camarines Norte. The Company also owns various drilling, mining and milling equipment. Paracale, a municipality in the province of Camarines Norte, Philippines, is a place where gold is in such abundance that the town's name.
