Xstrata to assess Filipino mine stake

ANGLO-Swiss mining giant Xstrata now has less than 30 days to either exercise or terminate its option agreement regarding a 62.5% stake in Indophil Resources’ promising $A1 billion Tampakan copper-gold project in the Philippines after results from a pre-feasibility study were released this morning.

Xstrata to assess Filipino mine stake Xstrata to assess Filipino mine stake Xstrata to assess Filipino mine stake Xstrata to assess Filipino mine stake Xstrata to assess Filipino mine stake

Indophil said the $27 million PFS, which has been handed over to Xstrata for review, had confirmed the project was “world-class” with the potential to become “one of the world’s best new large-scale

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