PMEA Blog

MANILA, Oct 15, 2009 (Asia Pulse Data Source via COMTEX) — ZIJMF | Quote | Chart | News | PowerRating — Two of China?s largest mining companies have signified interest to invest US$ 1 billion in the Philippines.

A Memorandum of Understanding was signed between Environment Secretary Joselito Atienza, and Chen Jinghe, chairman of Zijin Mining Group Co., Ltd. and Jerry Angping, president of Nihao Mineral Resources International Inc., after making a courtesy call on President Gloria Macapagal-Arroyo this morning.

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