Chinese mining firm to invest $1 billion in RP
October 16th, 2009
Filed under: General News, Mineral - Copper
philstar.com
MANILA, Philippines (Xinhua) – One of China’s largest gold producers has formally signified its interest to invest $1 billion in gold and copper exploration in the Philippines over the next five years, Malacañang said today.
In a statement, Malacañang said Zijin Mining Group Company Ltd., through its chairman, Chen Jinghe, signed a Memorandum of Understanding with Environment Secretary Joselito Atienza.
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