Rethink at Dinkidi.(Climax Mining Ltd. rethinking development plan)(Brief Article)(Statistical Data Included) From: Mining Journal | Date: August 10, 2001 | COPYRIGHT 2001 Mining Journal Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group.Copyright information

Climax Mining Ltd, 92%-owner of the Dinkidi gold-copper project in the Philippines, has spent the past three months rethinking the development plan for the project. The company considers that the political situation in the Philippines, as well as the continuing poor outlook for metals prices, have combined to render the original development plan for Dinkidi invalid. Climax technical staff have re-examined the project to produce aM staged development plan requiring less initial capi...