Philippine Ore Exported to China, Japan, Europe and Australia

Started by pioneer, July 09, 2012, 02:56:42 PM

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pioneer

Publicly-listed Oriental Peninsula Resources Group, Inc. (ORE) has generated P615.45 million in gross revenues during the first quarter, according to disclosures made at the Securities and Exchange Commission (SEC).

ORE has a 94-percent equity interest in Citinickel Mines and Development Corp., which began commercial operations in the second quarter of 2011.

Citinickel operates the Pulot and Toronto Mines located in the municipalities of Sofronio Espanola and Narra, respectively, in Palawan. The company sells ore to China, Australia, Japan and Europe. - Philippine Star
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