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Brent Crude Oil $ 61.12 / bbl -0.78%

Palladium $ 1542.7 / ozt 0.44%

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Silver Futures $ 62.007 / ozt -3.09%

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Micro Gold Futures $ 4360 / ozt 0.37%

Micro Silver Futures $ 62.007 / ozt -3.08%

Platinum $ 1762.5 / ozt 2.89%

Gold Futures $ 4328.3 / ozt 0.45%

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Xstrata upgrades Papua New Guinea Frieda River

ADVFN India | September 2, 2011 | 12:16 pm Base Metals Precious Metals Asia Australia Europe Copper Gold

The copper unit of Anglo-Swiss miner Xstrata PLC (XTA.LN) Friday announced a 10% increase in the copper resource base of its Papua New Guinea Frieda River copper-gold project and said it plans to deliver a feasibility study on the project in January. The