MANILA (Reuters) -
A worker at the Tampakan copper and gold exploration site in the southern Philippines was killed and two others wounded when a lone gunman fired on their vehicle, local police and mine owner Xstrata (XTA.L) said on Monday.
The lode is one of Southeast Asia’s richest untapped deposits, with an estimated 12.8 million tonnes of copper and 15.2 million ounces of gold. It is 62.5 percent owned by Swiss-based mining giant Xstrata.[Continue Reading...]