Rusina Mining eyes major Philippine projects

Australian mining company Rusina Mining NL could invest in projects worth up to $714.3 million in the Philippines, chief executive Robert Gregory told an industry conference today.

“We are looking at different strategies and approaches to accelerate our mining interests in the Philippines,” Gregory said at the 7th Asia Pacific Mining Conference in Manila.

Top of Rusina Mining’s plans is a $595.3 million processing ‘heap leach’ plant in Zambales, northwest of the capital Manila, Gregory said.

Heap leaching is a technology that allows gold, copper, nickel and other precious metals to be extracted from low-grade ores at low cost.

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