Philippines Update
Published by MAC on 2007-02-28
Philippines update
28th February 2007
There is a distinct Australian theme to this week's Philippines update (leaving aside a statement from the JP Morgan investment bank that it's positive about investing in Philippines' mining). We highlight opposition from the Catholic Church to Indophil and Xstrata's Tampakan Project, alongside continued concerns over Lafayette's Rapu Rapu project.
The Philippine Government has been boasting about the supposed investment of BHP Billiton, and heavily-criticised Anvil Mining is making a foray into the Cordillera region. Mining is also cited as one of the key reasons for Australian aid for development in Mindanao.