PHILEX SIGNS DEAL TO BUY 90-YEAR-OLD MINING COMPANY
Philex Mining Corp. said Monday it signed an agreement to acquire a 90-year-old mining company to expand its existing Padcal mine in Itogon, Benguet.
Philex...
PHILEX TARGETS TO ACQUIRE SHARES IN ITOGON MINER
PHILEX Mining Corp. is targeting to expand its business and plans to acquire shares in a mineral exploration and production company in Itogon, Benguet province, the listed firm said on …
PHILEX EXPANDING PADCAL TO ADJACENT MINE SITE
Philex Mining Corporation, one of the oldest and largest copper and gold producers in Southeast Asia, is looking at expanding its Padcal mine in Benguet by investing...
PHILEX MINING STOCK RIGHTS OFFER TO PROCEED NEXT MONTH
Manuel Pangilinan-led Philex Mining Corp. is all set to stage its stock rights offering (SRO) next month as the company ramps up business activity.
In a disclosure to...
PHILEX EYES P2.65B FROM STOCK RIGHTS OFFERING
Gold and copper producer Philex Mining Corp. is raising P2.65 billion from a planned stock rights offering.
Philex, according to the final terms of the offering, will sell 842 million...
PHILEX GETS PSE NOD FOR P2.65B STOCK RIGHTS OFFER, DEV’T OF SILANGAN COPPER-GOLD MINE UNDERWAY
The Philippine Stock Exchange has approved the plan to Philex Mining Corp. to issue P2.65 billion worth of shares to existing shareholders to shore up funds to jumpstart the …
SEC CLEARS PHILEX’S P2.65-B SHARE SALE
The Securities and Exchange Commission (SEC) has conditionally approved a P2.65-billion stock rights offering (SRO) planned by Manuel Pangilinan-led Philex Mining Corp. to raise funds for its Silangan...
LGUs WELCOME SILANGAN MINE DEVELOPMENT
MANILA, Philippines — The province of Surigao del Norte and other local government units welcome the development of the Silangan copper-gold project, according to Philex Mining Corp.
In a letter …
LGUs WELCOME PHILEX MINING PROJECT
THE province of Surigao del Norte welcomes the start of development of the $224-million Silangan copper-gold mine project of Philex Mining Corp., which is one of the biggest investments in...
MINERS RECORD PROGRESS IN PROJECTS
Listed mining firms have made progress in their projects owing to government’s friendlier stance on the sector’s operations.
Nickel Asia Corp. (NAC) secured an extension and renewal of mineral production …