Philex ships out P2 B in metals
MANILA, Philippines—Philex Mining Corp. disclosed Friday that it shipped P2.057 billion in various metals in April 2012.
Of the amount, P1.174 billion was in gold, P860 million in copper, and P23 million in silver.
Philex president and chief operating officer Eulalio B. Austin Jr. reported to the Philippine Stock Exchange that the gross sales figure was based on provisional prices of $1,659 per ounce of gold, $3.75 per pound copper, and $31.98 per ounce of silver.
Get Inquirer updates while on the go, add us on these apps:
Disclaimer: The comments uploaded on this site do not necessarily represent or reflect the views of management and owner of INQUIRER.net. We reserve the right to exclude comments that we deem to be inconsistent with our editorial standards.
To subscribe to the Philippine Daily Inquirer newspaper in the Philippines, call +63 2 896-6000 for Metro Manila and Metro Cebu or email your subscription request here.
Factual errors? Contact the Philippine Daily Inquirer's day desk. Believe this article violates journalistic ethics? Contact the Inquirer's Reader's Advocate. Or write The Readers' Advocate:
c/o Philippine Daily Inquirer Chino Roces Avenue corner Yague and Mascardo Streets, Makati City,Metro Manila, Philippines Or fax nos. +63 2 8974793 to 94