Category: News Related

MANILA, Philippines — Pangilinan-led Philex Mining Corp. will be able to extend the life of its Padcal mine until 2027 if gold prices remain above $2,000 an ounce to ensure …

MANILA, Philippines — Pangilinan-led Philex Mining Corp. may raise another $400 million to finance the second phase of its forthcoming Silangan Mine project in Mindanao.

Philex chairman Manuel V. Pangilinan …

PHILEX Mining Corp. said it may extend operations at its Padcal mine site in Tuba, Benguet until 2027 if gold prices remain elevated.

“At current metal prices, we (can extend) …

MANILA, Philippines — Philex Mining Corp.’s earnings plunged by 70.55 percent in the three months ending March as revenues and metal output declined.

In a disclosure on Friday, Philex Mining …

Source: https://www.youtube.com/watch?v=UoEY-y5O-Ww…

MANUEL V. Pangilinan-led Philex Mining Corp. said Friday that net income in the first three months of 2024 plunged by about 70.5 percent to P114.7 million from P389.6 million a …

Philex Mining Corporation, one of the oldest and largest gold and copper producers in Southeast Asia, reported a 73 percent fall in core net income to P105 million in the …

MANILA, Philippines — The earnings of Philex Mining Corp. plunged by 70 percent to more than P110 million in the first quarter as revenues fell due to lower metal output.…

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 …

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 …