Bahay Pangarap, Malacañang 15 October 2009 President Gloria Macapagal Arroyo met with the top executives of Zijin Mining Group, one of the largest gold producers in China, and the Nihao Mineral Resources International Inc. led by its Chief Operating Officer Jose Francisco Miranda. The president welcomed their interest to invest in the Philippines but gave the advice to first check on issues raised by the local communities, as the government espouses responsible mining. The group is looking for certain areas in Mindanao for its pilot project especially this time when the price of gold is at an all time high, according to Miranda.
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