Xstrata Focusing on Securing Approval for Philippine Project-Shanghai Metals Market

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Xstrata Focusing on Securing Approval for Philippine Project

Industry News 01:16:14PM Feb 16, 2012 Source:SMM

Feb. 16 (Bloomberg) –Xstrata Plc (XTA) is focused on securing environmental clearance and local government approvals for its $5.9 billion Tampakan gold-copper project in the Philippines, Sagittarius Mines Inc. President Peter Forrestal said in a speech in Manila today.

Sagittarius is a joint venture between Xstrata and Indophil Resources NL. (IRN).

 

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#1 Refined Cu
Apr.19
49430.0
-170.0
(-0.34%)
Yangshan Copper Premium(Bill of Lading)
Apr.19
51.5
0.0
(0.00%)
Yangshan Copper Premium(Warehouse Warrant)
Apr.19
50.5
0.0
(0.00%)
Imported Cu Concentrate TC(Cu≥26%,Week)
Apr.19
67.0
-1.5
(-2.19%)
Imported Cu Concentrate TC(Cu≥26%,Month)
Mar.29
73.5
-6.0
(-7.55%)

Xstrata Focusing on Securing Approval for Philippine Project

Industry News 01:16:14PM Feb 16, 2012 Source:SMM

Feb. 16 (Bloomberg) –Xstrata Plc (XTA) is focused on securing environmental clearance and local government approvals for its $5.9 billion Tampakan gold-copper project in the Philippines, Sagittarius Mines Inc. President Peter Forrestal said in a speech in Manila today.

Sagittarius is a joint venture between Xstrata and Indophil Resources NL. (IRN).