Glencore Tampakan Year

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  • Glencore exits Tampakan project Philstar

    2015-08-16· MANILA, Philippines Global commodities trader Glencore Plc has completely pulled out of the Tampakan copper-gold project in Mindanao, Sagittarius Mines Inc. (SMI) said over the weekend. The

  • Author: Unlisted
  • BankTrack Tampakan Copper and Gold Mine project

    "Glencore "has completed the sale of the Tampakan copper project," it said in a statement dated Aug. 14 and posted on its Website. The buyer was an affiliate of Indophil Resources NL, a miner previously listed in Australia until its takeover this year by the Philippines' Alsons Group."

  • GLENCOÂE

    - August completion of the sales of Glencore’s interest in the Tampakan copper project, the Falcondo nickel operations and the Sipilou nickel project, for total proceeds of approximately $290 million. • Full year production guidance is provided in the Appendix on page 82.

  • Philippines: Global action around Glencore's Tampakan Mine

    2014-05-20· The planned divestment from Las Bambas comes after Glencore late last year announced the sale of its Frieda River Copper-Gold Project in Papua New Guineau to Australia-based PanAust Ltd. The MOFCOM condition calls for the divestment by Glencore from "greenfield" projects, of which the Tampakan is the company's biggest.

  • Glencore Xstrata wants out of Philippine copper-gold

    2014-01-30· Glencore slashed funding for the $5.9 billion Tampakan project in August last year. Approximately 1,000 employees and contractors were made redundant by the move. Approximately 1,000 employees and

  • Glencore Xstrata Tampakan Copper-Gold Project in South

    The Tampakan Copper-Gold Project in the Philippines, owned by Glencore Xstrata, the Australian Indophil, and the local subsidiary Sagittarius Mines Inc (SMI),

  • Philippines: Glencore finalises its Tampakan departure

    Glencore "has completed the sale of the Tampakan copper project," it said in a statement dated Aug. 14 and posted on its Website. The buyer was an affiliate of Indophil Resources NL, a miner previously listed in Australia until its takeover this year by the Philippines' Alsons Group.

  • tampakan news and updates Rappler

    Glencore plans to divest from the Tampakan project to appease China s fears it is getting monopoly of the world copper market SMI has fallen on hard times Oct 01, 2013 10:10 AM

  • GLEN:London Stock Quote Glencore PLC Bloomberg Markets

    About Glencore PLC Glencore plc is a diversified natural resources company. The Company operates in three groups, metals and minerals, energy products, and agricultural products.

  • Employees: 158K
  • Glencore cuts budget for $5.9 billion Philippine project

    2013-08-13· Glencore Xstrata will cut up to 920 jobs and slash spending at its $5.9 billion Tampakan copper-gold project in the Philippines, one of several future mines under review since the

  • Glencore cuts budget for $5.9 billion Philippine project

    2013-08-13· Glencore Xstrata will cut up to 920 jobs and slash spending at its $5.9 billion Tampakan copper-gold project in the Philippines, one of several future mines under review since the

  • tampakan news and updates Rappler

    Glencore plans to divest from the Tampakan project to appease China s fears it is getting monopoly of the world copper market SMI has fallen on hard times Oct 01, 2013 10:10 AM

  • Glencore to divest Tampakan stake Philstar

    2014-01-31· The Tampakan project, which has an intial 17-year mine life, has a start-up milling capacity of 66 million tons per annum and an annual metal production of 450,000 tons of copper and 435,000

  • Glencore Xstrata wants out of Philippine copper-gold project

    2014-01-30· Glencore slashed funding for the $5.9 billion Tampakan project in August last year. Approximately 1,000 employees and contractors were made redundant by the move. Approximately 1,000 employees and

  • Glencore-Xstrata selling Tampakan stake Rappler

    Glencore-Xstrata selling Tampakan stake. Glencore plans to divest from the Tampakan project to appease China's fears it is getting monopoly of the world copper market

  • Glencore Xstrata unit cuts budget for $5.9 bln Philippine

    2013-08-13· MANILA, Aug 13 (Reuters) A Glencore Xstrata Plc unit will eliminate as many as 920 jobs and cut the budget for its delayed $5.9 billion Tampakan copper-gold mine project in southern Philippines

  • DENR recommends ending suspension on Tampakan copper

    2019-10-24· Tampakan, the biggest stalled mining project in the Philippines, in which commodities giant Glencore previously had a controlling stake, has estimated resources of 15 million tons of copper and 17

  • Glencore Xstrata, Indophil discuss Tampakan joint venture

    “The most important of these, from an Indophil shareholder perspective, is our discussions with the newly-formed Glencore Xstrata, including considering ways to restructure our joint venture on the Tampakan copper-gold project in the Philippines,” he said in

  • Blood and gold in the Philippines: Tampakan and the B'laan

    Blood and gold in the Philippines: Tampakan and the B’laan resistance @markambayiii A B'laan woman (left) joins other Lumad during the Manilakbayan (Journey to Manila) in October 2016.

  • Tampakan mine stalls until 2019 PNG Report

    Tampakan is on the southern Philippine island of Mindanao in the province of South Cotabato, roughly 40km north of General Santos city. The site represents one of the largest undeveloped copper-gold deposits in the Southeast Asia-Western Pacific region, containing 15 million tonnes of copper and 17.6 million ounces of gold at a 0.2% cut-off grade.

  • Glencore Xstrata, Indophil discuss Tampakan joint venture

    “The most important of these, from an Indophil shareholder perspective, is our discussions with the newly-formed Glencore Xstrata, including considering ways to restructure our joint venture on the Tampakan copper-gold project in the Philippines,” he said in

  • UPDATE 1-Glencore aims to sell stake in $5.9 bln

    2014-01-30· MELBOURNE/MANILA, Jan 30 (Reuters) Glencore Xstrata plans to sell its majority stake in the $5.9 billion Tampakan copper and gold project, its partner in the long-delayed Philippines joint

  • Glencore Xstrata wants out of Philippine copper-gold

    “All indications point to Glencore Xstrata seeking to divest its majority interest in the Tampakan Copper-Gold Project,” Indophil wrote. Last year Glencore’s Ivan Glasenberg said his company wasn’t interested in “greenfield” developments.Indeed, the company has been eager to drop several projects, most notably its Las Bambas mine in Peru which it must sell by September in order to

  • Philippines: Indigenous Oppose Tampakan Copper And Gold

    2014-07-07· Discovered in 1992, the Tampakan project is operated by Sagittarius Mines Inc. (SMI), in which a 40 per cent controlling equity is a joint venture between Indophil (37.5 percent) and project manager Glencore (formerly Glencore Xtrata 62.5 percent).

  • Philippines: Glencore sells share of Tampakan mine to

    Glencore and Australian miner Indophil Resources NL hold 62.5% and 37.5% respectively of the 40% controlling stake in Sagittarius Mines, Inc. (SMI), which in turn runs the Tampakan project. Tampakan Mining Corp. and Southcot Mining Corp. own the remaining 60% interest in SMI.

  • BusinessWorld Glencore completes Tampakan exit

    Glencore "has completed the sale of the Tampakan copper project," it said in a statement dated Aug. 14 and posted on its Website. The buyer was an affiliate of Indophil Resources NL, a miner previously listed in Australia until its takeover this year by the Philippines' Alsons Group.

  • Glencore-Xstrata divesting Tampakan shares

    GENERAL SANTOS CITY World mining giant Glencore-Xstrata is confirmed to be preparing to divest its shares in the controversial Tampakan Copper and Gold Project, according to a report to the

  • Glencore Xstrata to Shed Copper Project; Juniors Pick Up

    A year after Glencore's takeover of Xstrata, newly formed Glencore Xstrata (LSE:GLEN) is looking to shed its $5.9-billion stake in the Tampakan copper project in the Philippines, proving that the company prefers investing in mines that are in operation or close to production. The news stems from

  • Glencore exit from Tampakan project a victory for the

    In a June 24 statement, Glencore said it had signed a share sale agreement with an affiliate of the Australian company, Indophil Resources-NL, for the sale of its remaining interest in the Tampakan project. In January this year, Glencore had divested part

  • The ASIA Miner Tampakan negotiations ongoing

    2014-06-26· Tampakan negotiations ongoing. INDOPHIL Resources is continuing to implement a revised work plan for the Tampakan Copper-Gold Project and is continuing discussions on clarification of Glencore’s intent in respect of its ongoing involvement in the project’s development. For the remainder of the year Sagittarius Mines, which is owned by Glencore and Indophil, intends to focus on the