Report summaryThis analysis relates to Philex's Padcal Cu-Au operations located in the Benguet province of the island of Luzon. It was the first block caving operation in the Far East and has been operational for 53 years. The rugged terrain has historically proven to be a problem for tailings disposal and regular typhoons and seismic activity have resulted in disruptions to production. Operations restarted temporarily on March 8th 2013. Based on reported reserves and production schedule of the company,...
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