Westgold to spin out non-core assets, launch Australian IPO
Included in the spinout are Reedy’s and Comet -- two brownfield assets with a combined mineral resource of 1.2 million oz.
Glencore Xstrata unit slashes funding for its Tampakan copper-gold project
Sagittarius Mines Inc, a unit of Glencore Xstrata (LON:GLEN), announced it is cutting the budget for its $5.9 billion Tampakan copper-gold project in the Philippines, considered one of the largest foreign direct investments in the country. According to Reuters, the...
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