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 …
PHILEX’S $224-M SILANGAN COPPER-GOLD PROJECT IN SURIGAO GETS SUPPORT OF LGUs
The province of Surigao del Norte and other local government units welcomed the start of development of the Silangan copper-gold mine project of Philex Mining Corp., which at a cost...
PHILEX MINING PROFITS UP IN 2021 ON HIGHER METAL PRICES
MANILA, Philippines — Philex Mining Corp. saw its fortunes better last year due in part to the higher prices of copper and gold in the commodities market that offset a …
PHILEX PROFIT REACHES P2.4B AS METAL PRICES SURGE
PHILEX Mining Corp. earned P2.43 billion last year, or nearly double the earlier year’s P1.23 billion net income attributable to parent firm equity holders, largely due to higher metal...
PHILEX PROFIT SURGES TO P2.53B IN 2021
No doubt, 2021 was a blessing for us considering the high metal prices for copper and gold
Philex Mining Corporation of the Manuel V. Pangilinan group reported triple digit growth...