MADELAINE FAYE D. CABRERA
Malaya Business Insight
Philex Mining Corp., the country’s largest and most profitable gold and copper producer, yesterday said production from January to May this year increased 60 percent to P6.72 billion from P4.21 billion in the same period last year.
Philex said shipments in the first five months of this year rose 44 percent to P4.72 billion from P3.28 billion.
Rogelio Laraya, Philex senior adviser, said the Padcal mine in May alone delivered 810,763 dry metric tons (DMT) of ore, resulting in 5,881 DMT of concentrates containing 62.19 grams of gold per DMT, 24.38 percent copper, and 59.48 grams of silver per DMT.
Read here
Malaya Business Insight
Philex Mining Corp., the country’s largest and most profitable gold and copper producer, yesterday said production from January to May this year increased 60 percent to P6.72 billion from P4.21 billion in the same period last year.
Philex said shipments in the first five months of this year rose 44 percent to P4.72 billion from P3.28 billion.
Rogelio Laraya, Philex senior adviser, said the Padcal mine in May alone delivered 810,763 dry metric tons (DMT) of ore, resulting in 5,881 DMT of concentrates containing 62.19 grams of gold per DMT, 24.38 percent copper, and 59.48 grams of silver per DMT.
Read here
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