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                    [ArticleID] => 335726
                    [Title] => Permanent shutdown of Rapu-Rapu to result in loss of $259M for Lafayette Phils
                    [Summary] => The closure of Lafayette Philippines Inc.’s (LPI) Rapu-Rapu mining project in Albay would result in the loss of $259 million in investments and loss of employment for about 1,000 workers.


This was disclosed to Cecilia K. Songco, officer-in-charge of the Mining Division of the Board of Investments, by Manuel A. Agcaoili, president of Rapu-Rapu Processing, Inc., a subsidiary of Lafayette.


Songco had recently sought information regarding the possible reopening of the Rapu-Rapu Polymetallic project of Lafayette in Rapu-Rapu, Albay.


                    [DatePublished] => 2006-05-09 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
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CECILIA K

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                    [ArticleID] => 335726
                    [Title] => Permanent shutdown of Rapu-Rapu to result in loss of $259M for Lafayette Phils
                    [Summary] => The closure of Lafayette Philippines Inc.’s (LPI) Rapu-Rapu mining project in Albay would result in the loss of $259 million in investments and loss of employment for about 1,000 workers.


This was disclosed to Cecilia K. Songco, officer-in-charge of the Mining Division of the Board of Investments, by Manuel A. Agcaoili, president of Rapu-Rapu Processing, Inc., a subsidiary of Lafayette.


Songco had recently sought information regarding the possible reopening of the Rapu-Rapu Polymetallic project of Lafayette in Rapu-Rapu, Albay.


                    [DatePublished] => 2006-05-09 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
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abtest

Permanent shutdown of Rapu-Rapu to result in loss of $259M for Lafayette Phils

By Marianne V. Go | May 9, 2006 - 12:00am

The closure of Lafayette Philippines Inc.’s (LPI) Rapu-Rapu mining project in Albay would result in the loss of $259 million in investments and loss of employment for about 1,000 workers. This was disclosed...

Business