SEC approves Philex Mining's P3.15-B SRO

Jan 28, 2022 06:00 PM. The Securities and Exchange Commission (SEC) has approved the planned P3.15 billion stock rights offering of Philex Mining Corporation to fund the development of its Silangan mine. The Commission En Banc resolved to render effective the registration statement filed by Philex Mining for a stock rights offer covering …

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Philex says $224-M mine ready by 2024-25

Philex Mining Corp. announced its plan for a $224-million Silangan copper and gold project in Surigao del Norte with an estimated 571 tons worth of mineral resources. Philex will be leading this project, along with its subsidiary, Silangan Mindanao Mining Co., Inc. (SMMCI). "This is an opportunity for the mining industry to play a pivotal […]

Philex to proceed with dev't of Silangan mine

Dec 21, 2021 06:28 AM. Philex Mining Corp., the country's largest gold producer, has decided to finally proceed with the development of the Silangan Mine project in Surigao del Norte within the first half of 2022, but at a slower pace and smaller scale sans the strategic investments that the listed firm has long been seeking. Photo from Philex ...

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Philex To Initially Spend $224M For The Development Of

Philex Mining Corp.,("Philex') the largest publicly-held copper and gold producer in the Philippines, will start the development next year of the Silangan mine in …

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SILANGAN PROJECT – PHILEX MINING CORPORATION

The Silangan Project, located in Surigao del Norte, consists of two deposits – Boyongan and Bayugo. The Project is registered with the Board of Investments (BOI) as a non …

Philex completes in-phase plan for Silangan project

MANILA, Philippines — Philex Mining Corp. has completed the in-phase feasibility study for the Boyongan deposit of the Silangan Copper Gold project. In a disclosure to the Philippine Stock ...

Fresh funding bankrolls Silangan Mine's timely commercial …

November 21, 2023. Silangan Mindanao Mining Co., Inc., a wholly owned subsidiary of Pangilinan-led Philex Mining Corp., has raised $100 million through a syndicated loan to bankroll the development of its large-scale mining project. The company recently signed the Omnibus Loan and Security Agreement or OLSA with lenders Union Bank of the ...

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Silangan Mindanao Mining Company Inc.

Philex Mining Corp. subsidiary, Silangan Mindanao Mining Co. Inc., signed a syndicated debt facility worth $100 million (P5.54 billion) with a group led by BDO Capital and Investment Corp. The ...

Silangan Mining MPSA extension to lure more investors

MANILA, Philippines — One of the biggest mining projects in the country is expected to start attracting more investments after the government granted a 25-year extension to its contract, another move to spur economic growth amid the pandemic. In a regulatory filing, Pangilinan-led Philex Mining Corp. said the Department of Environment …

Philex gets OK to use sub-level cave mining method for Silangan …

THE Mines and Geosciences Bureau (MGB) has given the green light for the Philex Mining Corp. to employ the underground sub-level cave mining method for its Silangan mine in Surigao del Norte. "Philex Mining Corporation is pleased to announce that the Department of Environment and Natural Resources (DENR), through the MGB, …

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Philex continues search for Silangan mine partner | Philstar

The MPSA covers another 25 years of its wholly owned subsidiary, Silangan Mindanao Mining Co. Inc., the operator of the $750-million Silangan copper and gold project.

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Silangan mindanao mining co or inc Jobs

Find your ideal job at Jobstreet with 23024 Silangan Mindanao Mining Co Or Inc jobs found in Philippines. View all our Silangan Mindanao Mining Co Or Inc vacancies now …

Philex aims to raise $224M for Silangan project–exec

December 20, 2023. Philex Mining Corp. is banking on the recent policy pronouncement of the government to entice local investors to place their bet on its Silangan project in Surigao del Norte ...

Silangan Mindanao Mining Company Inc. | LinkedIn

Silangan Mindanao Mining Company Inc. | 1,774 followers on LinkedIn. Right & Principled Mining | The Silangan Project, located in Surigao del Norte, consists of two deposits – Boyongan and Bayugo. The Project is registered with the Board of Investments (BOI) as a non-pioneer project entitled to four years of income tax holiday beginning …

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Philex says $224-M mine ready by 2024-25 – PHILEX MINING CORPORATION

Philex Mining Corp. announced its plan for a $224-million Silangan copper and gold project in Surigao del Norte with an estimated 571 tons worth of mineral resources. Philex will be leading this project, along with its subsidiary, Silangan Mindanao Mining Co., Inc. (SMMCI). "This is an opportunity for the mining industry to play a pivotal ...

LGUs Welcome Commencement Of Philex's Silangan Project

Photo credit: Philex Mining The province of Surigao del Norte and other local government units welcomed the start of development of the Silangan copper-gold mine project ("Silangan") of Philex Mining Corp., which at a cost of $224 million (about PHP11.2 billion), is one of the biggest investments in Mindanao. Philex's wholly-owned unit, …

Silangan Mindanao Mining Company Inc. | LinkedIn

Silangan Mindanao Mining Company Inc. 2,400 followers. 1mo. Silangan Mindanao Mining Co. Inc., a wholly-owned subsidiary of Philex Mining Corporation, signed a $100-million syndicated debt ...

Philippines' Philex says study confirms viability of $1.5 bln Silangan

3 Min Read. MANILA, Oct 29 (Reuters) - Philippine gold and copper producer Philex Mining Corp said on Wednesday an initial study had confirmed the viability of its $1.5 billion Silangan project, a ...

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Philippines' Philex delays copper-gold mine start by four …

Silangan was originally slated to begin production by 2018, but that has been set back by a ban on new open-pit mining introduced in 2017 as the government in one of the world's top copper, gold ...

Philex remains open to investors for its Silangan project

MANILA, Philippines — Philex Mining Corp. is not closing its doors to foreign and local investors for its Silangan Copper-Gold project in Surigao del Norte, an official said. In a statement ...

Philippines' Philex plans to launch Silangan copper-gold …

The initial development forms part of an estimated $1.7 billion in capital expenditure needed for Silangan's entire mining life of up to 28 years, company officials said in a virtual media briefing.

Silangan Mindanao Mining Company, Inc Careers and …

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PHILEX'S $224-M SILANGAN COPPER-GOLD PROJECT IN

The province of Surigao del Norte and other local government units welcomed the start of development of the Silangan copper-gold mine project of Philex …

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