+ Follow JINCHUAN Tag
JINCHUAN
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[results] => Array
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[0] => Array
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[ArticleID] => 270
[Title] => Labor Day: Saluting our workers on their day
[Summary] =>
[DatePublished] => 2007-05-02 02:54:00
[ColumnID] => 135522
[Focus] => 0
[AuthorID] => 1805274
[AuthorName] => Bobit S. Avila
[SectionName] => Banat Opinyon
[SectionUrl] => opinyon
[URL] =>
)
[1] => Array
(
[ArticleID] => 397023
[Title] => Jinchuan ups $1-B offer for Philnico
[Summary] =>
China’s Jinchuan Group Ltd. has increased its initial investment offer of $1 billion (P47.6 billion) to run Philnico Industrial Corp., Trade Secretary Peter B. Favila said yesterday.
"It’s an improvement from their earlier valuation," Favila said when asked about Jinchuan Group’s offer to re-open the Nonoc nickel mine.
[DatePublished] => 2007-05-02 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1480108
[AuthorName] => Ma. Elisa Osorio
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 383529
[Title] => Philnico right on Nonoc mine eyed for review
[Summary] =>
As government admitted it could do little to compel Philippine Nickel Co. (Philco) to return to the negotiating table with China’s Jinchuan Group, finance officials have suggested a review of the company’s mining rights agreement for possible revocation.
They said Philnico’s performance could be put under evaluation with respect to its mining rights agreement with the government.
[DatePublished] => 2007-02-05 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 382458
[Title] => Philnico scraps talks with Jinchuan, seeks new partners
[Summary] =>
Finance officials said the government would have to look for a new group of investors willing to develop the long-neglected nickel mine of the Philippine Nickel Co.
The Chinese mining conglomerate, Jinchuan Non-ferrous Mining Co., has been in talks with Philnico for the development of the mine but Philnico officials announced yesterday that the company has ended talks with the Chinese group.
Finance Secretary Margarito Teves said the government will now have to look for alternative investors that will take a look at the nickel mine on Nonoc Island in Surigao.
[DatePublished] => 2007-01-30 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 377267
[Title] => Philnico upbeat on Nonoc mine rehab
[Summary] =>
Philnico Industrial Corp. yesterday expressed optimism that the National Government’s mediation efforts with the Jinchuan International Group would eventually result in a viable arrangement for the rehabilitation and redevelopment of the mothballed Nonoc nickel mine and refinery.
Philnico president Evaristo M. Narvaez Jr. yesterday clarified news reports which gave the impression that negotiations with Jinchuan had collapsed.
[DatePublished] => 2006-12-29 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097285
[AuthorName] => Marianne V. Go
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[5] => Array
(
[ArticleID] => 376903
[Title] => Government may take stake in Philnico
[Summary] =>
The government may be willing to take a stake in Philnico Industrial Corp. (PIC) anew in order to save the deal between the nickel mining firm and China’s Jinchuan Nonferrous Metal Corp., Trade and Industry Secretary Peter B. Favila said.
Favila said while Jinchuan had assured him that they are going ahead with their investment in PIC, the Arroyo government is still trying to study all options that would facilitate and clinch the deal.
[DatePublished] => 2006-12-27 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097285
[AuthorName] => Marianne V. Go
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => Array
(
[ArticleID] => 376732
[Title] => Gov’t eager to wrap up Philnico-Jinchuan deal
[Summary] =>
The government is eager to wrap up the Nonoc deal between Philippine Nickel Corp. (Philnico) and Jinchuan Group in time for the scheduled visit of Chinese Prime Minister Wen Jiabao in January next year.
Finance Secretary Margarito B. Teves said that despite the snags and delays blocking the joint venture between Philnico and Jinchuan, the Chinese nickel giant was still intent on putting its investment in Nonoc mines.
"They’re very appreciative of the efforts to make this happen," Teves said.
[DatePublished] => 2006-12-25 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[7] => Array
(
[ArticleID] => 376239
[Title] => Philnico to decide in January on joint venture with Jinchuan
[Summary] =>
Philnico Industrial Corp. said yesterday it would make a decision next month on whether to pursue a joint venture with China’s state-owned Jinchuan Group Ltd. to reopen the Nonoc nickel mine in the Philippines.
Evaristo Narvaez, chairman of Philnico, said he was not giving up on China’s top nickel producer but said at least three other companies, from China, Russia and Japan, were interested in investing in the project.
"We are not closing the door on Jinchuan," Narvaez told a news conference. "I think January is decision time."
[DatePublished] => 2006-12-22 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[8] => Array
(
[ArticleID] => 370892
[Title] => Philnico agrees to pay initial $45M for Nonoc
[Summary] =>
Philippine Nickel Co. (Philnico) has agreed to pay an initial $45 million for the Nonoc nickel mine, a move that would bring the Chinese mining giant, Jinchuan Non-Ferrous Metals Corp. (Jinchuan) closer to its $1-billion investment in the country.
Sources privy to ongoing negotiations disclosed that the $45-million bond would be in partial payment for the $300 million that Philnico still owed the government for the Nonoc mine.
[DatePublished] => 2006-11-24 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[9] => Array
(
[ArticleID] => 369794
[Title] => Chinese nickel giant Jinchuan set to take over Nonoc mine
[Summary] =>
Chinese nickel giant Jinchuan Non-Ferrous Metals Corp. is one step closer to taking over the Philippine Nickel Co., a venture expected to bring at least $1 billion in fresh investments into the mining industry.
The consortium, led by the Jinchuan group, signed a memorandum of understanding (MOU) with the government as well as Philnico, paving the way for the take-over of the nickel mine on Nonoc Island in Surigao.
[DatePublished] => 2006-11-20 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
abtest
December 22, 2006 - 12:00am
