JINCHUAN NONFERROUS METALS CORP

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                    [ArticleID] => 386911
                    [Title] => SEC probes firm for possible price manipulation
                    [Summary] => 



The Securities and Exchange Commission (SEC) is investigating GeoGrace Resources Philippines Inc. for possible price manipulation in view of the steep rise in the company’s share price in the past weeks.


Geograce shares have appreciated by more than 150 percent since the start of the year. Geograce closed at P1.82 Friday, 13.75 percent higher than the previous close of P1.60 each share.


                    [DatePublished] => 2007-02-26 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 307924
                    [Title] => $1-B investment of 2 Chinese firms in Philnico to be delayed further
                    [Summary] => The finalization of the $1-billion investment of Jinchuan Nonferrous Metals Corp. and Shanghai Baosteel Group Corp. in Philnico Mining Corp. (formerly  Nonoc Mining and Industrial Corp.) continues to be delayed over the restructuring of Philnico’s $300 million obligation to the National Government and China’s dismay over criticism of its funding of the Northrail project.


                    [DatePublished] => 2005-11-22 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097285
                    [AuthorName] =>  Marianne  V.  Go
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 275843
                    [Title] => State mining firm seeks joint venture partner
                    [Summary] => The state-run Natural Resources Mining Development Corp. (NRMDC) is scouting for a joint venture partner with the financial muscle to develop nickel and chrome mine prospects on Dinagat Island in Surigao del Norte.


NRMDC president Artemio F. Disini said an open bidding will be held possibly in June for mine prospects on Dinagat Island believed to be rich in nickel and chrome deposits.


To date, two Chinese firms – Jinchuan Nonferrous Metals Corp. and Shanghai Baosteel Corp. – have expressed interest in submitting  tender offers.


                    [DatePublished] => 2005-04-30 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1704647
                    [AuthorName] => Rocel Felix
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
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                    [ArticleID] => 273106
                    [Title] => GMA orders restructuring of Philnico’s $300-M debt
                    [Summary] => President Arroyo has ordered the Department of Finance (DoF) to fasttrack the restructuring of the $300 million debt of the mothballed Philnico Mining Corp. in Surigao City to encourage large Chinese companies to push through with their plans of investing $1 billion in a nickel processing plant this year.


                    [DatePublished] => 2005-04-08 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805432
                    [AuthorName] => Paolo Romero
                    [SectionName] => Nation
                    [SectionUrl] => nation
                    [URL] => 
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SEC probes firm for possible price manipulation

By Zinnia B. Dela Peña | February 26, 2007 - 12:00am

The Securities and Exchange Commission (SEC) is investigating GeoGrace Resources Philippines Inc. for possible price manipulation in view of the steep rise in the company’s...

Business

$1-B investment of 2 Chinese firms in Philnico to be delayed further

By Marianne V. Go | November 22, 2005 - 12:00am

The finalization of the $1-billion investment of Jinchuan Nonferrous Metals Corp. and Shanghai Baosteel Group Corp. in Philnico Mining Corp. (formerly Nonoc Mining and Industrial Corp.) continues to be delayed over...

Business

State mining firm seeks joint venture partner

By Rocel Felix | April 30, 2005 - 12:00am

The state-run Natural Resources Mining Development Corp. (NRMDC) is scouting for a joint venture partner with the financial muscle to develop nickel and chrome mine prospects on Dinagat Island in Surigao del Norte. NRMDC...

Business

GMA orders restructuring of Philnico’s $300-M debt

By Paolo Romero | April 8, 2005 - 12:00am

President Arroyo has ordered the Department of Finance (DoF) to fasttrack the restructuring of the $300 million debt of the mothballed Philnico Mining Corp. in Surigao City to encourage large Chinese companies to...

Nation