Jinchuan Group Ltd., China’s biggest nickel producer, has renewed interest in a joint venture to reopen the Nonoc nickel mine in southern Philippines and has even improved its offer, the trade secretary said on Wednesday.
“They had sent another offer which is an improvement of where there were before the talks collapsed,” Peter Favila told Reuters […]

Canada’s Chemical Vapour Metal Refining Inc. (CVMR) said on Friday it was close to finalising a deal with Philnico Industrial Corp. to reopen the Nonoc nickel mine in the south of the Philippines.
Nonoc has the capacity to produce 41,000 tonnes of nickel a year or 3 percent of world demand and its possible revival would […]

CVMR has said that if talks on Nonoc, which has the capacity to produce 41,000 tonnes of nickel a year or 3 percent of world demand, were successful it would speed up the acquisition and building of the infrastructure for a large refinery.
The group has put an initial price tag of $3 billion on the […]

THE GOVERNMENT and Philnico Industrial Corp. are engaged in a last ditch negotiations with Chinese investors to save the floundering Nonoc nickel mines rehabilitation project.
In a statement, Philnico president Evaristo Narvaez Jr. said the government has been trying to mediate between Philnico and representatives of Jinchuan Nonferrous Metals Corp. to iron out the kinks in […]

Jinchuan Nickel Group’s proposed nickel mining project on Nonoc Island in the Philippines is on hold because its partner kept raising its terms on the back of a buoyant
nickel market, a company official said today.
The negotiations have been difficult in […]

Talks between China’s Jinchuan Group Ltd. and the Philippines’ Philnico Industrial Corp. to reopen the shuttered Nonoc nickel mine are facing difficulties, Economic Planning Secretary Romulo Neri said.
“I’ve told them (Jinchuan) to diversify their interest,” Neri told a news conference on Wednesday. “Philnico is asking for more and more money.”