SOURCE: Industrial Info Resources

Industrial Info Resources

November 27, 2012 06:00 ET

Philippines Delays $2.9 Billion in Mining Projects Until 2013, an Industrial Info News Alert

MANILA, PHILIPPINES--(Marketwire - Nov 27, 2012) - Researched by Industrial Info Resources (Sugar Land, Texas) -- The impact of recent reforms in the Philippines mining sector are now being felt, as five mega-mining projects worth about $2.9 billion have been delayed or deferred until 2013. The projects were set to commence this year as part of the industry's goal of reaching $2 billion of fresh investments in 2012.
Other companies featured: St. Augustine Gold & Copper Limited (TSX:SAU)

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