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Jinchuan Revives Talks Over Nonoc Nickel Mines -Industry Group
Sep 14,2010 14:18CST
industry news
Source:SMM

MANILA, Sep. 14 -- China's Jinchuan Group Ltd. has revived negotiations to develop the Nonoc nickel mines in the southern Philippines region of Mindanao and construct a refinery at the mine site, a senior industry official said Tuesday.

"They want to pursue their interest in the Philippines," Chamber of Mines of the Philippines President Philip Romualdez said on the sidelines of a mining conference, adding that he met with senior Jinchuan executives in China last week.

Romualdez said the cost of the project, including developing the refinery, could range between $1.2 billion and $1.5 billion.
 

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