Xstrata - updates

Rappler's latest stories on Xstrata

ARTICLE FINDER

Glencore to sell entire stake in SMI to Indophil

Jun 24, 2015 - 7:59 PM

This also paves the way for the complete exit of the Switzerland based Glencore Plc from the 5 6 billion controversial copper and gold project of Sagittarius Mines in Tampakan South Cotabato

Glencore Xstrata sells stake in Peru mine for $5.85B

Apr 14, 2014 - 2:07 PM

The deal is contingent on regulators approval

This NASA image released 13 October, 2003 captured by the crew on board the International Space Station looks down the bull's-eye of a copper mine in Peru. AFP PHOTO/NASA

Low metal prices, uncertainties stall Tampakan operation

Mar 28, 2014 - 5:48 PM

Low metal prices and market uncertainties have taken their toll on the planned commercial operation of the Tampakan copper gold project in South Cotabato

Glencore-Xstrata selling Tampakan stake

Jan 30, 2014 - 2:30 PM

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

Just how serious is the ‘scaling down’ of the activities of Sagittarius Mines Inc SMI after Glencore Xstrata announced a cut of half its global operations?

Indophil is confident Tampakan mine will push through

Sep 16, 2013 - 10:18 AM

Glencore Xstrata s minority partner notes that the Tampakan project has only been revised not suspended

WORLD-CLASS ASSET. Photo shows a visualization of the Tampakan mining site by Parsons Brinckerhoff for Swiss miner Xstrata

$12-B mining projects on hold amid revenue-sharing issues

Sep 10, 2013 - 11:16 PM

The Chamber of Mines says the government will miss its 16 B mining investment target by 2016 due to unclear tax policy

Indigenous groups: Solve Tampakan mine issues

Aug 29, 2013 - 6:10 PM

Leaders of several indigenous communities ask Malacañang to clear the obstacles in the commercial operation of the Tampakan mine in South Cotabato

DOWNSIZING. After stiff opposition from host local government, Church and tribes, including rebel attacks, the operator of one of the world's biggest copper and gold deposits cut its Philippine mining operations. Photo shows a visualization of the Tampakan mining site by Parsons Brinckerhoff for Swiss miner Xstrata

Glencore-Xstrata records $8.9-B net loss in first half

Aug 20, 2013 - 4:53 PM

The newly merged mining firm says net loss was due to merger write downs which reflect the poor outlook for the mining industry

DOWNSIZING IN PHILIPPINES. After stiff opposition from host local government, Church and tribes, including rebel attacks, the operator of one of the world's biggest copper and gold deposits cut its Philippine mining operations. Photo shows a visualization of the Tampakan mining site by Parsons Brinckerhoff for Swiss miner Xstrata

Glencore-Xstrata 'downsizes' PH mining operations

Aug 13, 2013 - 5:19 AM

The operator of one of the world s biggest copper and gold deposits cuts its Philippine mining operations after stiff opposition from host local government Church and tribes including rebel attacks

DOWNSIZING. After stiff opposition from host local government, Church and tribes, including rebel attacks, the operator of one of the world's biggest copper and gold deposits cut its Philippine mining operations. Photo shows a visualization of the Tampakan mining site by Parsons Brinckerhoff for Swiss miner Xstrata

NPA attacks mining firm facility in Mindanao, 1 hurt

Jul 08, 2013 - 8:24 PM

UPDATED Guerrillas opened fire on a police detachment as they raided the headquarters of Sagittarius Mines in Davao del Sur The mining firm denies it was the target

ATTACKED. A visualization of the Tampakan mining site by Parsons Brinckerhoff for Swiss miner Xstrata

MVP, San Miguel in wait and see mode on Tampakan

Jun 17, 2013 - 10:02 AM

Two of the country s biggest conglomerates are in a wait and see mode on their minority stakes in Tampakan mine in Mindanao following the ownership changes at the stalled gold and copper mine project

MINING OPERATIONS. It took over a year for the government to grant the operator of the Tampakan mine in Mindanao its environmental clearance. Photo shows a visualization of the Tampakan mining site by Parsons Brinckerhoff for Swiss miner Xstrata

Glencore completes takeover of Xstrata

Apr 18, 2013 - 11:12 AM

Glencore and Xstrata have operations in the Philippines PASAR and Tampakan mine respectively

MINING OPERATIONS. It took over a year for the government to grant the operator of the Tampakan mine in Mindanao its environmental clearance. Photo shows a visualization of the Tampakan mining site by Parsons Brinckerhoff for Swiss miner Xstrata

Xstrata-Glencore merger issues may delay Tampakan mine

Apr 03, 2013 - 12:09 PM

The start of Tampakan mining operations may be delayed further due to merger issues of Glencore and Xstrata Plc

MINING OPERATIONS. It took over a year for the government to grant the operator of the Tampakan mine in Mindanao its environmental clearance. Photo shows a visualization of the Tampakan mining site by Parsons Brinckerhoff for Swiss miner Xstrata

Major management shake-up looms in SMI

Mar 04, 2013 - 9:14 AM

The long anticipated merger between the world’s 4th largest copper producer and one of the world’s biggest commodities firms has stakes in Tampakan mine in Mindanao

MINING OPERATIONS. It took over a year for the government to grant the operator of the Tampakan mine in Mindanao its environmental clearance. Photo shows a visualization of the Tampakan mining site by Parsons Brinckerhoff for Swiss miner Xstrata

Battleground shifts for Tampakan miner, foes

Feb 22, 2013 - 12:26 PM

Philippines single biggest foreign investment project is up against local politicians May 2013 re election bids and the anti and pro mining groups

MINING OPERATIONS. It took over a year for the government to grant the operator of the Tampakan mine in Mindanao its environmental clearance. Photo shows a visualization of the Tampakan mining site by Parsons Brinckerhoff for Swiss miner Xstrata

Tampakan miner reviews ECC conditions

Feb 22, 2013 - 9:20 AM

The majority of the conditions is acceptable to Xstrata backed SMI but a few need discussion and clarification

MINING OPERATIONS. It took over a year for the government to grant the operator of the Tampakan mine in Mindanao its environmental clearance. Photo shows a visualization of the Tampakan mining site by Parsons Brinckerhoff for Swiss miner Xstrata

Finally, Tampakan mine environmental clearance okayed

Feb 19, 2013 - 12:37 PM

The environmental permit necessary to start commercial operations at the Tampakan gold copper mine took over a year long

MINING OPERATIONS. It took over a year for the government to grant the operator of the Tampakan mine in Mindanao its environmental clearance. Photo shows a visualization of the Tampakan mining site by Parsons Brinckerhoff for Swiss miner Xstrata

Palace rebuffs DENR for denying Xstrata unit's mining permit

Feb 08, 2013 - 1:41 PM

Global miner Xstrata s Philippine unit followed all the requirements for an environmental permit necessary for the start of commercial operations of the Tampakan gold copper mine says Executive Secretary Paquito Ochoa Jr

MINING OPERATIONS. This South Cotabato miner gets a favorable ruling from Malacañang. Photo shows a visualization of the Tampakan mining site by Parsons Brinckerhoff for Swiss miner Xstrata

Xstrata unit's PH mine suffers another blow

Jan 24, 2013 - 10:43 AM

The Sagittarius Mines Inc a unit of Swiss global miner Xstrata suffers yet another setback when the local government that hosts its Tampakan mine in South Cotabato says it will still ban open pit mining in the province

Xstrata hikes investment cost estimate for copper mine

Dec 24, 2012 - 8:42 PM

Swiss mining giant Xstrata said Monday it would cost 300 million to develop the Frieda River copper and gold mine in Papua New Guinea

Glencore, Xstrata shareholders embrace merger

Nov 21, 2012 - 10:46 AM

Shareholders of the Swiss commodities giant Glencore and Swiss mining group Xstrata overwhelmingly approve a merger of the two companies to create a goliath capable of out muscling nearly everyone in their field

Mining group Xstrata chairman John Bond (3L) arrives with Xstrata chief financial officer Trevor Reid (2L) to a shareholders assembly on November 20, 2012 in Zug. Shareholders of Swiss commodities giant Glencore overwhelmingly approved a tie-up with Swiss mining giant Xstrata. AFP PHOTO / FABRICE COFFRINI

Harmonization of national, local laws a priority - Paje

Nov 21, 2012 - 10:45 AM

The Environment Secretary says the government is taking steps to address the issue amid the ongoing tension in South Cotabato where a local ordinance banned the 5 9 billion copper gold project of Xstrata

#WhyMining Conversation: Do mining and politics mix?

Nov 08, 2012 - 8:19 PM

Are mining firms merely caught in the middle of warring politicians or are they active kingmakers too? Who are the politicians genuinely concerned about the social and environmental interests of their constituencies when deciding whether to block or not mining operations?

Malacañang douses Xstrata miner's hopes on Tampakan, cites Robredo's death

Sep 20, 2012 - 6:02 PM

Hours after a unit of Swiss mining giant Xstrata said it is counting on the Aquino government for an approval for its 5 9 billion copper gold project in the Philippines Malacañang says a quick approval is unlikely

Glencore considers 'all options' on Xstrata merger

Sep 07, 2012 - 4:10 PM

Glencore shareholders were meant to take a vote on the merger but the group said in a statement that the meeting has been adjourned and that it is considering its options and will update the market in due course

Tampakan mine operator seeks tighter security due to attacks

Jul 27, 2012 - 11:30 AM

Several security personnel of the mine have been killed in attacks staged by rebel and tribal groups

Xstrata mine project may go to court: South Cotabato gov

Jul 14, 2012 - 3:26 PM

Mines and Geosciences Board Leo Jasareno is however optimistic that legal action can be avoided and that South Cotabato officials can be persuaded to lift the ban

Despite mining EO, Tampakan still in limbo

Jul 11, 2012 - 2:02 PM

Environment Secretary Ramon Paje says the open pit mining ban over Tampakan can only be decided by the courts

Tampakan mine can be sustainable – geologist

Jun 08, 2012 - 6:06 PM

Amid concerns about open pit mining a geologist says Tampakan can be an example of sustainable mining

Xstrata unit: Raising mining taxes will make PH less competitive

Jun 04, 2012 - 10:50 PM

Sagittarius Mines the local partner of Xstrata for the Tampakan copper gold project hopes government will make up its mind soon about new taxes on mining

Tampakan mine: Digging for the long haul

Apr 28, 2012 - 3:35 PM

Open pit mining ban threatens commercial operations of Sagittarius Mines Tampakan copper gold project in South Cotabato

Xstrata wins Australia climate test case

Mar 28, 2012 - 3:08 PM

Swiss mining giant Xstrata wins a a court ruling that the economic benefits outweighed its climate change impacts

Controversial mining EO not yet final - Palace

Feb 14, 2012 - 7:36 PM

The controversial executive order on mining that aims to review resource contracts tighten rules and cut tax breaks is not yet final