Image by The Library of Congress via FlickrNexsun Corp., a Los Angeles-based green energy project management firm, which is diversifying into mineral exploration and development worldwide, said it is encouraged by the determination of the new Philippine government to enhance the investment climate in the country.
Nexsun recently invested in four local mining companies, namely Peniel Resources Mining, J&M Resources Mining, Bogo Resources Mining and T&T Resources and Mining. Nexsun recently appointed James Kim as president of these four mining companies.
"We intend to invest substantial capital in Philippine mining, as a showcase of our trust and confidence in the new administration of President Benigno Aquino III," said James Kim.
Kim said the company is looking at various mining potentials in the country such as iron ore, titanium and gold and are now in the exploratory stage.
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