Rappler's latest stories on Philex Mining Corporation
Dog saves 2 boys from fire in Benguet
Miztah the family pet wakes up brothers Wilbur and Kurt as a fire strikes their home
Philex Mining suspends Silangan mine project
This comes after Environment Secretary Gina Lopez banned the open pit method of mining for copper gold silver and complex ores in the Philippines
PCCI: Investors may dump PH over cancelled mining agreements
How can a company risk stockholders money in projects if the investment rules are unclear and uncertain? says the president of the Philippine Chamber of Commerce and Industry
Lopez tells big mining firms to improve community dev’t programs
Environment Secretary Gina Lopez says she wants the DENR mining firms and the host community to jointly manage the Social Development and Management Program fund
Weakening peso 'positive' for Philex Mining, PLDT
While the weaker peso means higher debt servicing for the government it is positive for some firms whose revenues are denominated in US dollars
Philex, Silangan Mining to Gina Lopez: We are ISO-compliant
This is in response to DENR chief Gina Lopez s call to suspend mining firms that are not ISO compliant
Investors in mining panic over Gina Lopez appointment
Stock analysts say investor jitters seen to continue until Lopez presents her mining policies
Philex clears hurdle in Silangan mine in Mindanao
The Silangan project is seen to start production in 2018 and become a key revenue generator for Philex after its Padcal mine closes in 2022
Philex ends 2015 with higher income despite lower metal prices
However its metal gold and copper businesses in 2015 recorded lowest revenues over the last 5 years
More IPOs before 2015 ends – PSE
It has been a year of highs and lows for the local bourse which started the year in record breaking fashion before global instability pulled the index back
More than 400 Philex workers opt for voluntary retirement
They account for 20 of the present workforce of Philex Mining which projects that its Padcal mines may last for only 5 years more
Philex earmarks P4B for big-ticket projects
The listed mining company is still waiting for clearance to fully operate the Padcal copper gold mine in Benguet
Philex says Padcal cleared for full operations by PAB
The Pollution Adjudication Board lifts the cease and desist order it issued on Philex after the mining company fulfilled its obligations
Philex pays P189-M fine over 2012 Padcal mine spill
The penalty has been imposed for the listed company s violation of the Clean Water Act during the period August 2012 to February 2014
Philex posts 33.7% drop in Q1 net income
Philex posts a 110 increase in its core net income in the first quarter of 2014 over last year but reports a drop in net income for the period
Philex to resume full Padcal operations soon?
Philex completes the rehab and cleanup works required so it could fully operate its Padcal mine in Benguet
Philex eyes extension of Padcal mine life
The company is exploring for viable deposits around its Padcal copper gold mine in Benguet in a bid to extend the mine s lifespan beyond 2020
Lower metal prices weigh on Philex profit
The country s largest listed mining firm suffers a 29 decline in net income in the first 9 months of 2013
5 soldiers killed, 2 injured in NPA encounter in Negros
The encounter happens after troops conduct clearing operations that follow an alleged NPA attack on the Philex Mining site
It's final: Philex to pay P1-B fine for Padcal spill
DENR Secretary Ramon Paje says Philex s agrument that the spill was caused by force majeure is unacceptable
Philex secures P2-B loan for Padcal, Silangan projects
Pangilinan led Philex Mining secured a P2 1 billion loan to fund the capital expenditures of its Padcal mine in Benguet and its Silangan project in Surigao del Norte
Philex to construct 2 new tailings ponds in Padcal mine
Philex is looking at spending over P600 million to build two replacement tailings ponds after one of their existing one was damaged and leaked sediments after a heavy rain
Philex mine leak impact 'severe and substantial' - MVP
The Padcal mine leak not only affected Philex bottomline for 2012 but also the entire mining industry
Padcal mine leaks to hit Philex's 2012 profits
Philex may miss 2012 income target due to tailing pond leak at its only operating mine
After another mine spill, Philex eyes replacing Benguet facility
Philex stands ready to replace tailings pond No 3
