January 21, 2017 1:38 PM ET

Metals and Mining

Company Overview of Philex Mining Corporation

Company Overview

Philex Mining Corporation, together with its subsidiaries, engages in the exploration, development, and utilization of mineral, and oil and gas resources in the Philippines. The company holds interests in the Padcal mine that produces copper concentrates containing copper, gold, and silver located in Benguet Province; and the Silangan project covering the Boyongan and Bayugo deposits located in Surigao. Its mining projects also include the Negros projects in Negros Occidental; the Sibutad project in Zamboanga del Norte; and the Lascogon project in Surigao del Norte. In addition, the company owns interests in various service contracts for the acquisition, exploration, and development of oil a...

Philex Building

27 Brixton Street

Pasig City,  1600


Founded in 1955

2,007 Employees


63 2 631 1381


63 2 633 3234

Key Executives for Philex Mining Corporation

Philex Mining Corporation does not have any Key Executives recorded.

Philex Mining Corporation Key Developments

Philex Mining Corporation Announces Resignation of BIENVENIDO E. LAGUESMA as Director

Philex Mining Corporation announced the resignation of BIENVENIDO E. LAGUESMA as Director of the company with effect from December 31, 2016.

Philex Mining Corp. Announces Resignation of Michael Victor N. Alimurung as Non-Executive Director

Philex Mining Corp. announced the resignation of Michael Victor N. Alimurung as Non-Executive Director, effective November 23, 2016. Reason for resignation is Social Security Commission Guidelines governing appointment of nominee-directors.

Philex Mining Corp. Reports Consolidated Earnings Results for the Nine Months Ended September 30, 2016

Philex Mining Corp. reported consolidated earnings results for the nine months ended September 30, 2016. For the period, the company reported revenue of PHP 7,026,825,000 compared to PHP 6,546,424,000 a year ago. Income from operations was PHP 1,979,180,000 compared to PHP 1,207,906,000 a year ago. Income before provision for income tax was PHP 962,179,000 compared to PHP 1,224,274,000 a year ago. Net income attributable to equity holders of the parent company was PHP 1,355,119,000 or PHP 0.2743 per basic and diluted share compared to PHP 851,324,000 or PHP 0.1723 per basic and diluted share a year ago.

Recent Private Companies Transactions

No transactions available in the past 12 months.

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