Mining investments barely half of target
August 27th, 2009
Filed under: General News
By Riza T. Olchondra
Philippine Daily Inquirer
THE PHILIPPINES IS HOPING TO ATtract as much as $650 million in mining investments this year but less than half has been infused into so far.
“It’s hard to tell if we can reach that ($650 million) target. As of August, the investment stood at $300 million only,” Mines and Geosciences Bureau (MGB) chief Horacio Ramos told reporters.
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