PHILEX Mining Corp., the country’s biggest gold producer, is crafting a five-year work plan to maximize revenue flow for the remaining mine life of its Padcal copper-gold project in Benguet.
In an interview, Philex President and Chief Executive Eulalio Austin Jr. said that they are now reviewing their timelines since the August 2012 tailings spill, which rendered their previous long-term plan for Padcal no longer applicable.
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