Business NewsMarketWire • IFC Investment in Mindoro Resources Supports Responsible Mining in the Philippines

IFC Investment in Mindoro Resources Supports Responsible Mining in the Philippines

IFC Investment in Mindoro Resources Supports Responsible Mining in the Philippines

WASHINGTON, DISTRICT OF COLUMBIA and MANILA, PHILIPPINES--(Marketwire - July 14, 2010) - IFC, a member of the World Bank Group, today agreed to invest about 2.1 million Canadian dollars in Mindoro Resources Ltd to support a nickel exploration project in the Philippines that is expected to provide jobs and government revenues once a mine is developed.

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