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Xstrata puts off $5.9bn mine in Philippines until 2019

Cecilia Jamasmie | December 12, 2012 | 3:14 pm Base Metals Precious Metals Asia Europe Copper Gold 

Swiss miner Xstrata (LON:XTA) is delaying the commercial production of its $5.9 billion Tampakan copper-gold project in the Philippines until 2019, Sagittarius Mines Inc, the firm's local unit, said Wednesday. Quoting problems of security and with the government, Sagittarius Mines...

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