(Bloomberg) - Security at mines in the Philippines will be stepped up after a New Year's Day raid by communist rebels against Xstrata Plc's $2 billion copper-gold project in which a local army post was shot up and buildings torched.
``There was a lapse of security there because the mine was located near an army camp,'' Natural Resources Secretary Lito Atienza said, referring to Xstrata's Tampakan mine, which is under development. Defense officials will meet next week to review mine security plans, Atienza said in a phone interview today.
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