BANGALORE, INDIA--June 3, 2010--Researched by Industrial Info Resources (Sugar Land, Texas)--The world's largest publicly listed copper-mining company, Freeport-McMoRan Copper & Gold Incorporated (NYSE:FCX) (FMCG) (Phoenix, Arizona) has expressed interest in investing up to $5 billion to expand mining activities in the Philippines. The company is seeking to increase exploration and prospecting activities near the Kalinga copper site in the country. Philippines' Mines and Geosciences Bureau (MGB) (Quezon City, Philippines) has identified FMCG as one of the potential big investors in the country's copper and gold mining industry. The announcement by FMCG comes at a time when the Philippines government is considering incentives to boost the domestic mineral development and processing sector. Other companies featured: Chesapeake Energy Corporation (NYSE:CHK), Xstrata plc (LSE:XTA), Philex Mining Corporation (PSE:PX)
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