PMEA Blog

By Riza T. Olchondra
Philippine Daily Inquirer

MANILA, Philippines - Optimism prevailed at the close of the Mining Philippines 2009 summit, with good metal prospects driving investor commitments to proceed with or even ramp up projects.

And with the global economy on the mend, government officials expect up to $2 billion in investments to come in, allowing the local mining industry to climb out of the pit it has found itself in the past year and make a strong comeback in 2010.

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