 In November 2008, First Pacific acquired 20% of the total issued shares of Philex Mining Corporation and thus has now become part of the First Pacific Group. In December 2009, First Pacific added to its holdings and today, its economic interest in Philex amounts to 46.5%. As Managing Director and Chief Executive Officer of First Pacific, we welcome the inclusion of Philex into the First Pacific family.
I wish to take this opportunity to introduce First Pacific to those who may not be familiar with it. First Pacific is a Hong Kong-based investment and management company listed in Hong Kong ...
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PADCAL MINE
Environmental Management
The Padcal Mine’s Environmental Management System (EMS) sustained its ISO 14001 Certification, which is now on its 10th cyc le, showcasing the Company’s advocacy for responsible mining. After seven years of maintaining the EMS, the Company continues to demonstrate its commitment to operate responsibly.
During the year, more than 298 thousand seedlings of various tree species were planted...
In recognition of the Company's CSR accomplishments, the following awards and citations were bestowed to Philex in 2009:
a. Philex Mining Corporation
- Guinogulan (old Filipino word meaning "Lord of Golds") Award as Board of Investments Outstanding Investor
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