PHILEX MINING INCOME DOWN 43% IN 2023
PHILEX Mining Corp. saw a 43.3% decline in its 2023 attributable net income to P1.02 billion, mainly due to lower revenues from its gold and copper operations.
“We shall continue …
PHILEX PROFITS PLUNGE ON LOWER MINE OUTPUT
PANGILINAN-LED Philex Mining Corp. said Thursday its net income last year fell by 44.4 percent to P1.0 billion from P1.8 billion in 2022 on lower gold and copper output from …
PHILEX CORE PROFITS FALL ON LOWER OUTPUT
Philex Mining Corporation, the gold and copper producer controlled by tycoon Manuel V. Pangilinan through First Pacific Company, reported a 44.4 percent drop in core net income...
PHILEX NET PLUNGES 43%
Philex Mining Corp. recorded a 43- percent decline in net income in 2023 to P1.02 billion from P1.8 billion in 2022.
The company said...
LOWER OUTPUT CUTS PHILEX PROFIT
MANILA, Philippines — Pangilinan-led Philex Mining Corp. saw its 2023 core net income decline to P963 million year-on-year due to lower output and elevated operating costs and expenses.
This was …
PHILEX UNIT SECURES $70 MILLION FUNDING FOR SILANGAN MINE
MANILA, Philippines — A wholly owned subsidiary of Pangilinan-led Philex Mining Corp. has secured an additional $70 million funding for the development and operation of its Silangan mine project in …
SILANGAN BAGS $70M CREDIT FACILITY
Philex Mining Corp. said its subsidiary, Silangan Mindanao Mining Co. Inc., signed a deed of accession for the additional $70 million with additional lenders that...
PHILEX’S SILANGAN COMPLETES $170-M LOAN FACILITY FOR SURIGAO PROJECT
PHILEX MINING CORP. said its subsidiary, Silangan Mindanao Mining Co., Inc., has secured an additional $70-million loan to initiate operations for its Surigao del Norte mine, slated to commence...
PHILEX RAISES $170 M FOR SILANGAN PROJECT
Philex Mining Corporation’s wholly-owned subsidiary Silangan Mindanao Mining Co. Inc. has raised $170-million funding requirement for the development of its Silangan project.
In a disclosure to...