February 09, 2010

Big Chinese Mining Firms Set Eyes on Mindanao

Published on July 26, 2006 | one comment

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davaotoday.com photo by Barry Ohaylan
China’s ambassador to the Philippines Li Jinjun (left) receives a briefing kit from Medco officer in charge Undersecretary Virgilio Leyretana (center) and Secretary Jess Dureza during an investment briefing on Tuesday. (davaotoday.com photo by Barry Ohaylan)

By Germelina A. Lacorte
davaotoday.com

DAVAO CITY — Three big mining companies in China, including the largest state-owned JinChuan Group Ltd., are now aggressively pursuing talks with Philippine-based companies for possible investments in the countrys mining industry.

Li Jinjun, ambassador to the Philippines of the Peoples Republic of China (PROC), said Tuesday that the JinChuan Group is seriously pursuing talks with Philnico Industrial Corporation, which used to operate the shuttered Nonoc plant in Surigao while ZTE Corporation, which is based in Shenzhen, China, is talking with members of the Filipino-Chinese community for the possibility of joint-venture arrangements in mining.

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One Comment to “Big Chinese Mining Firms Set Eyes on Mindanao”

  1. The Alyansa Tigil Mina Blog :: Big Chinese Mining Firms Set Eyes on Mindanao :: July :: 2006 says:
    July 28, 2006 at 6:21 pm

    [...] By Germelina A. Lacorte, davaotoday.com – http://davaotoday.com/2006/07/26/big-chinese-mining-firms-set-eyes-on-mindanao/ [...]

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