Copper $ 5.882 / lb 2.62%

Brent Crude Oil $ 68.05 / bbl 0.95%

Palladium $ 1741.2 / ozt 6.66%

Crude Oil $ 63.55 / bbl 0.71%

Natural Gas $ 3.422 / Btu -2.70%

Silver Futures $ 76.895 / ozt 9.29%

Aluminum Futures $ 3038.75 / ton 2.98%

Micro Gold Futures $ 4979.8 / ozt 3.66%

Micro Silver Futures $ 76.895 / ozt 9.21%

Platinum $ 2099.4 / ozt 5.77%

Gold Futures $ 4979.8 / ozt 3.75%

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Gold Fields acquires stake in Philippine mining project

Poten & Partners | March 23, 2012 | 10:20 pm Base Metals Precious Metals Asia Europe Copper Gold

Gold Fields has purchased a 40% stake in the gold-copper far Southeast project in the northern part of Luzon, Philippines. According to an agreement signed in September 2010, it has made the final payment of $110m. Total cost of acquiring 40% stake is…