PHILEX Mining Corp. on Friday said it is likely to extend anew Padcal’s mine life after the discovery of additional mineral resources at the copper-gold project site in Benguet.
In a statement, Philex president Eulalio Austin, Jr. declared that based on the evaluation of Padcal mine’s additional reserves of 110.9 million metric tons, the life of the mine could be extended beyond the target of December 2020.
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