Philippines Analysis

Industry Trend Analysis - Mining Struggles To Continue - MAR 2014

The looming exit of Glencore Xstrata's stake in the US$5.9bn Tampakan copper-gold project reinforces our conviction that mining investment in the Philippines will become less attractive amidst the downturn in commodity prices over the coming years. Despite rice mineral deposits in the country, resource nationalism will remain an issue as the Philippine government looks to implement more onerous...

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