Xstrata's $5.9B Tampakan mine in the Philippines is granted an environmental compliance...

|About: Xstrata Plc Adr (XSRAY)|By:, SA News Editor

Xstrata's $5.9B Tampakan mine in the Philippines is granted an environmental compliance certificate by the government, removing one of the hurdles delaying work on Southeast Asia's biggest copper-gold prospect. Tampakan, seen as a bellwether for investment in the country, has been held up by a 2010 ban on open-pit mining imposed by the provincial government of South Cotabato.