PHILEX MINING 2019 ASEAN CORPORATE GOVERNANCE AWARDEE

PHILEX MINING 2019 ASEAN CORPORATE GOVERNANCE AWARDEE

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(MANILA, PHILIPPINES) – Philex Mining Corporation, one of the oldest and largest copper and gold producers in Southeast Asia, and a leader in right and responsible mining in the country, was once again recognized as a top-performing publicly-listed company under the ASEAN Corporate Governance Scorecard (ACGS) in awarding ceremonies held at the Conrad Manila. On hand to receive the award from the Institute of Corporate Directors (ICD) was Philex Director Atty. Marilyn A. Victorio-Aquino, center, together with, from left to right: Kristine N. Navalta, Investor Relations Supervisor; Danny Y. Yu, Chief Finance Officer and Senior Vice-President for Finance, Chief Compliance Officer and Corporate Governance Officer; Paraluman M. Navarro, Assistant Vice-President for Corporate Finance; and Paul C. Cheah, Investor Relations Manager. This was not the first time that Philex was recognized by the ACGS for its outstanding corporate governance. Philex Mining Corporation shares the distinction with other ACGS awardees in the MVP Group of Companies such as PLDT, Meralco, and Metro Pacific Investments Corporation. 30

PHILEX MINING WINS 2018 SAFEST MINE AWARD

PHILEX MINING WINS 2018 SAFEST MINE AWARD

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(Baguio, Philippines) – Philex Mining Corporation, one of the oldest and largest copper and gold producers in Southeast Asia, and a leader in right and principled mining in the country, bagged the 2018 Safest Mine Award, Mineral Exploration – “A” Category, during the awards night and testimonial dinner that highlighted the 65th Annual Mine Safety and Environment Conference at Camp John Hay, Baguio City. The company also won first runner-up in the 2018 Best Mining Forest Award, Mineral Exploration Category, and Metallic Category. Receiving the award for the company are Engr. Roy P. Mangali (2nd from right), Philex AVP and Assistant Resident Manager, Padcal Mine, and Atty. Eduardo M. Aratas (rightmost), Philex Padcal Legal Division Head. 30

PHILEX HONORS RESCUE TEAM

PHILEX HONORS RESCUE TEAM

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(TUBA, BENGUET) – Philex Mining Corporation, one of Southeast Asia’s oldest and largest copper and gold producers, and a leader in right and principled mining in the country, recently honored its rescue team that saw action in search-and-rescue and search-and-retrieval operations at the landslide incident at Brgy. Ucab, Itogon, Benguet brought about by Typhoon “Ompong” (international name: Mangkhut). The devastation resulted in the deaths of at least 60 small-scale miners and their relatives. On hand to honor and recognize the heroism and determination of the rescue team members in simple ceremonies held at its mine camp in Padcal were, starting from 6th left, Mine Division Manager Ric Dolipas, Mill Division Manager Milton Agyao, Philex President and CEO Euls Austin Jr., and Assistant Vice-President and Assistant Resident Manager Roy Mangali. The Philex Rescue Team is led by Engr. Greg Oldangon, fifth from right. 30

PHILEX RESCUERS RECOVER MORE BODIES

PHILEX RESCUERS RECOVER MORE BODIES

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(ITOGON, BENGUET) – Two more bodies have been recovered as of press time by Philex Mining rescuers from beneath the soil and debris of the landslide born from Typhoon “Ompong” (international name: Mangkhut) that swept through Northern Luzon last September 15.

This brings to approximately 62 the number of victims recovered so far from Level 070 of Barangay Ucab, Itogon town, Benguet Province.

The Philex rescue team has been working long hours each day in ensuring the speedy recovery of landslide victims believed to be small-scale miners or their relatives.

“Our rescuers are first to arrive at Ground Zero at daybreak and last to leave before or at nightfall,” according to Eduardo Aratas, Legal Division Head at Philex Padcal mine.

“They get to work even before the other rescue teams arrive,” Aratas said.

Earlier, Philex Mining constructed a pioneer access road from the Itogon Provincial Highway to Ground Zero of the incident for the easy and speedy movement of people and equipment involved in the rescue effort.

Asked as to how long the whole rescue operation will take, Aratas said that it depends.

“The estimate here is that it would take around two weeks for the digging to be completed. But the Philex team will continue rescue efforts for as long as it takes.”

The Philex Rescue Team has had a long history of volunteer search-and-rescue and search-and-recovery operations, from the Baguio earthquake in 1990 to the Bohol earthquake and Typhoon Yolanda in 2013. 30