XSTRATA has given China's Zijin Mining a flying start to its $1.28-a-share takeover bid for Melbourne-based Indophil, Xstrata's partner in the world-class Tampakan copper/gold deposit on the southern island of Mindanao in the Philippines.
XSTRATA has given China's Zijin Mining a flying start to its $1.28-a-share takeover bid for Indophil, Xstrata's partner in the Tampakan copper/gold deposit in the Philippines.
BHP Billiton's proposed Olympic Dam copper/uranium/gold mine expansion in South Australia's outback is set to become the group's most expensive undertaking, with analysts estimating an all-up cost of $US15-20 billion ($A23 billion).
LEADING gold producer Newcrest has been chased higher on the market after posting a better than expected June-year profit and again increasing dividends.
