Rusina Mining plans to invest 600 mln usd in Philippine projects
June 13th, 2007
Filed under: Mine - Acoje, Mineral - Chromite, Mineral - Nickel, Mineral - Platinum, Operator - Rusina, Region 03 - Zambales
MANILA (XFN-ASIA) - Rusina Mining NL plans to invest up to 600 mln usd in the next four years for the development of various mine sites and the construction of a nickel processing plant in the Philippines, chief executive
Robert Gregory said.
‘We are looking at different strategies and approaches to accelerate our mining interests in the Philippines,’ Gregory told reporters at a mining conference here.
On top of Rusina Mining’s plans is to build a 500-mln usd ‘heap leach’ processing plant in
Zambales, northwest of the capital Manila, Gregory said.
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