Array
(
    [results] => Array
        (
            [0] => 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] => 
                )

        )

)

JINCHUAN AND PHILNICO

Array
(
    [results] => Array
        (
            [0] => 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] => 
                )

        )

)

abtest

Philnico agrees to pay initial $45M for Nonoc

By Des Ferriols | November 24, 2006 - 12:00am

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...

Business