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                    [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] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
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MARINDUQUE MINING AND INDUSTRIAL CORP

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                    [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.


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$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