PMEA Blog

MANILA, Dec 21, 2008 (Dow Jones Commodities News via Comtex) — A Japanese company, together with the government of Japan, is looking at the possibility of investing up to more than $1 billion in the Philippines’ mining industry as it explores two mining sites in the province of Batangas, the Philippine Star newspaper reported Monday.

“JOGMEC (Japan Oil, Gas, Mineral and Energy Corp.) is currently undertaking a study for a private firm in relation to mining activities in Talisan and Ibaan Batangas,” Trade Undersecretary Elmer Hernandez was quoted as saying.

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