Environment

Big Chinese Mining Firms Set Eyes on Mindanao

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 country?s mining industry.

Li Jinjun, ambassador to the Philippines of the People?s 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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?Red Tide? Ban in Mati, Other Areas

DAVAO CITY — Latest laboratory analysis of the Bureau of Fisheries and Aquatic Resources (BFAR) have established that some areas in Mindanao, including Davao Oriental, are still positive of “red tide” toxins and have thus been put under a so-called ?shellfish ban.?

The coastal waters of Dumaguillas Bay in Zamboanga del Sur, Balite Bay in Mati, Davao Oriental, and Bislig Bay in Bislig City, Surigao del Sur have been found positive of red tide toxins.

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Davao Businesses Push Recycling

DAVAO CITY ? Believing that environment plays a vital role in spurring development, the business sector in the city spearheaded by the Davao City Chamber of Commerce and Industry (DCCCI) will hold the collection of recyclables on June 10 at the SM City carpark.

DCCCI president Bienvenido Cariaga said the event? is the contribution of the business sector in showing their deep concern for the environment.

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