Tuesday, May 5, 2026
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Tag: Padcal mine

Philex Mining swung to first-quarter loss on Padcal mine disruptions

Philex Mining Corp. swung to a core net loss of P281 million in the first quarter of 2026 as structural damage at its Padcal...

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 extends Padcal mine’s life by 2 years to December 2024

Gold and copper producer Philex Mining Corp. said Monday it extended the operation of Padcal mine in Benguet province by two years, or up...

Philex posted P552-million income in first six months

Philex Mining Corp. on Thursday posted a lower net income of P552 million in the first half of 2018, down 23 percent from P719...

Philex to spend P109-million for social development projects this year

TUBA, Benguet—Philex Mining Corp. has allotted a total of P109.32 million for this year’s programs on infrastructure, information dissemination, and research and development, following...

Philex employees start seed bank

TUBA, Benguet—Padcal mine, Philex Mining Corp.’s gold-and-copper operations in this province, has collected about 14,000 seeds of various forest and fruit-bearing trees from the...

Philex boosts infra in Padcal

Philex Mining Corp. said it completed P15.84 million worth of public infrastructure projects in the first half as a part of social program for...

Philex rebuild reaches P16m

TUBA, Benguet—Philex Mining Corp. has completed during the first half of the year about P15.84 million worth of public infrastructure projects, part of its...

New deposit to extend Padcal mine life

Philex Mining Corp. is upbeat on the prospect of the Bumolo porphyry copper-gold deposit near Padcal mine in Benguet province, saying it could extend...

Philex, Maynilad cite rescue team

TUBA—Philex Mining Corp. and its sister-company, Maynilad Water Services, Inc., recognized a team of miners and safety personnel from Padcal mine that retrieved the...

Philex finds new reserves in Padcal

Philex Mining Corp. said Monday the on-going drilling at the Bumolo porphyry copper-gold deposit near Padcal mine in Benguet province produced encouraging results.  Philex said...

Philex extends Padcal mine in Benguet

Philex Mining Corp.  said Thursday it discovered more ore reserves that will extend the life of Padcal’s mine in Benguet province by two more...
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