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Operators
Last modified on September 3, 2011
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Source: Philex Mining Corporation, Chamber of Mines of the Philippines| Print |

Philex Mining Corporation

Head Office: Philex Building, 27 Brixton & Fairlane Sts., Bo. Kapitolyo, Pasig City
Phone: +63(2) 631-1381 to 88
Fax: +63(2) 633-3242 / +63(2) 631 9498
Email: philex@philexmining.com.ph
Website: http://www.philexmining.com.ph


Status:Operational
Commodity:Copper, Gold, Silver
Tenement:Padcal
Production:Tonnage mined in 2010 totaled 9.364 million tonnes.
Deposit Type:
Reserves and Resources:Click here
Processing Method:
Mining Type:
Geology:
Stock Exchange Ticker Symbol:PSE:PX
Permit or Contract No.:
Duration of Permit:
Area (Has):
Managing Official:
Owner: Manuel V. Pangilinan
Philex Mining Corporation (PX) was incorporated on July 19, 1955 to primarily engage in mining activities. The Company and its subsidiaries are organized into two main business groupings: the mining business under the Philex Mining Corporation, and the oil and gas business under the Philex Petroleum Corporation (PPC).

PX currently has the Padcal Mine in Benguet as its only operating segment. The Padcal Mine is on its 53rd year of operation producing gold, copper and silver as principal products.

The Company has long been a silent investor in oil properties owning participation in several service contracts. In 2007, PX incorporated PPC to engage in petroenergy business, of which 49% was subsequently acquired by Anatolian Property BV (APB), a Netherlands company whose shareholders are funds-managed by Ashmore Investment Management Limited. In July 2009, PX repurchased APB's interest and gained full control over PPC. In September 2010, PX transferred its investments in energy assets to PPC which holds 38.82% of Forum Energy plc, a UK-based oil exploration company owning participation interest in several service contracts in the Philippines, particularly in northwestern Palawan.

Source: Philippine Stock Exchange
Click here for owner's profile
Region Office:Address: Baguio
Region: CAR
Province: Benguet
Nearest City: Baguio City
Mining Site Map:
Nearest Airport:Cauayan Airport
The following reports on Philex Mining Corporation are publicly available:

Annual Report: Click here
Financial Report: Click here

Position: Geologists
Job Posted: 09-Nov-2011

Geologists Mine Geologists one of the world's leading mining consulting companies. Due to continued growth this leading international mining consulting firm requires a number of Geologists for its [Read more..]

Position: Mining Engineers
Job Posted: 09-Nov-2011

Mining Engineer - Open pit mine design Join one of the world's leading Mining Engineering consulting companies. Our client is a leading international mining consulting firm. Due to continued [Read more..]

Source: Philippine Mining Jobs


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