S. African mining firm eyes copper-gold projects in Phl

MANILA, Philippines - South African mining firm Harmony Gold Mining Co. Ltd., the world’s fifth largest gold producer, is looking to invest in copper-gold projects in the Philippines.

Greg Job, Harmony Gold Southeast Asia executive for growth and resource development, said the 60-year-old company has been looking for opportunities in the country over the last two years.

Harmony’s potential initial investment for a project, Jobs said, could be “in excess of hundreds of millions of dollars,” depending on the viability and the size of the ore body.

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