Philex Mining Eyes Sustained Operations at Padcal Mine Amid Upgrades
Business

Philex Mining Eyes Sustained Operations at Padcal Mine Amid Upgrades

Philex Mining Corp. anticipates sustained operations at its Padcal mine through year-end following the completion of rehabilitation works. The company reported a significant net income surge in the second quarter, boosted by strong gold and copper prices. Progress is also being made on its Silangan project, slated for completion by Q4 2026.

This article requires PRO

This article is outside the free access window or is a special report. PRO unlocks it and the full archive.

  • Philex Mining Posts P200-M First-Half Net Loss

    Philex Mining Corp. recorded a net loss of P200 million in the first half of 2026, despite higher second-quarter earnings, due to unrealized foreign exchange losses. This marks a reversal from a net income in the same period last year.