Glencore Xstrata Exits $5.9 Billion Philippines Tampakan Project

Glencore Xstrata Exits $5.9 Billion Philippines Tampakan Project

MANILA, PHILLIPINES--February 6, 2014--Researched by Industrial Info Resources (Sugar Land, Texas)--Mining giant Glencore Xstrata plc (LSE:GLEN) (Baar, Switzerland) will pull out of the $5.9 billion Tampakan copper-gold project in the Philippines, according to its joint venture partner, Indophil Resources NL (IRN:ASX) (Melbourne, Australia).

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