PMEA Blog

MANILA, Oct 13 (Reuters) - The Philippines has pushed back its target of attracting $10 billion in investments into the mining sector by a year to 2012, with some companies struggling to raise funds, a senior official said on Monday.

Horacio Ramos, director of the mines and geosciences bureau, said the government is also unsure whether it will meet its goal of drawing $1 billion in mining investments this year.

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