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Economy / Philippines

Rising Threat To Foreign Mining Interests

January 2008 | Political Risk Analysis

BMI View: The new year's day attack by communist rebels against Xstrata's Tampakan mine demonstrates the risks faced by foreign mining companies operating in the Philippines. The government will need to act quickly to reassure these firms that their investments are safe. This is crucial if the Philippines is to maximise the economic benefits of its vast commodity reserves.

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