PHILEX Mining Corporation posted core net income of P1.7 billion, up six percent from the previous year, as higher metal prices offset lower output.

In a disclosure to the Philippine Stock Exchange (PSE) on Wednesday, the company said “metal output was affected by bouldery ore, lower ore grades and other production-related issues”.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details