^
+ Follow PHILNICO Tag
PHILNICO
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 945549
                    [Title] => SMC to invest heavily in cement, mining industries
                    [Summary] => 

Diversified conglomerate San Miguel Corp. (SMC) is investing heavily in the cement business through Northern Cement Corp. (NCC) of SMC chairman Eduardo “Danding” Cojuangco Jr. and nickel mining through Nonoc Mining and Industrial Corp.

[DatePublished] => 2013-05-24 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1097197 [AuthorName] => Lawrence Agcaoili [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 770593 [Title] => San Miguel eyes Nonoc nickel project [Summary] =>

Food-to-infrastructure conglomerate San Miguel Corp. said yesterday it was in talks with Philnico Mining & Industrial Corp. for a possible investment in the mothballed Nonoc nickel mine located in the southern region of Mindanao.

[DatePublished] => 2012-01-25 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 693334 [Title] => DOF, Philnico still at odds over unpaid taxes, royalties [Summary] =>

The Department of Finance (DOF) and Pacific Nickel Philippines continue to be at loggerheads over the issue of unpaid taxes, royalties and fees.

[DatePublished] => 2011-06-07 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804708 [AuthorName] => Iris Gonzales [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 536024 [Title] => Mines bureau misses 2009 investment target [Summary] =>

Investments in the mining sector this year are expected to reach only $375 million, way below the downscaled target of $600 million, Mines and Geosciences Bureau director Horacio Ramos said yesterday.

[DatePublished] => 2009-12-29 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097285 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [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] => ) [5] => 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] => ) [6] => Array ( [ArticleID] => 395480 [Title] => Canadian mining firm to invest $3B in RP [Summary] => Canadian-based mining firm Chemical Vapour Metal Refining Inc. (CVMR) yesterday took a step closer to committing an investment package in excess of $3 billion following the approval by the Department of Environment and Natural Resources (DENR) of its exploration permit in Samar Island.

CVMR, it was learned, is close to concluding a deal with Philnico Industrial Corp. for the acquisition of PIC shares.
[DatePublished] => 2007-04-21 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097285 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => 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] => ) [8] => 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] => ) [9] => 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] => ) ) )
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