M&A

No surprises as Xstrata snares Tampakan stake

IN FINALLY exercising its right to acquire 62.5% of the Tampakan copper-gold project in the Philippines, Swiss mining giant Xstrata has picked up a stake in what could become the real jewel from its 2003 takeover of MIM Holdings.

MiningNews.Net
No surprises as Xstrata snares Tampakan stake

Xstrata's formal exercising of its right to pick up the interest for $A60 million will come as no surprise, given the project is home to resources of 11.6 million tonnes of copper and 14.6 million ounces...

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