Australian miner Indophil Resources NL
IRN.AX
is prepared to take over the $5.9-billion Tampakan copper-gold project in southern Philippines, which is potentially the country's biggest foreign investment to date, should its partner Anglo-Swiss firm GlencoreXstrata Plc
GLEN.L
abandon the venture, BusinessWorld newspaper reported.
(
http://link.reuters.com/ner87v
)
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NOTE: Reuters has not verified this story and does not vouch for its accuracy.
(Compiled by Manila Newsroom; Editing by Anupama Dwivedi)
((siegfrid.alegado@thomsonreuters.com)(+63 2 8418914))
Keywords: PHILIPPINES PRESS/TAMPAKAN
