Philex ships out P2 B in metals

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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.

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  • missaya


  • francomontederamos

    Pakatapos sirain ang Pilipinas, sana at least tayong mga ordinaryong Pilipino ang nakikinabang, eh sino po kaya ang yumayaman…sa history ng mining sa Pilipinas, wala pang lugar na minina na yumaman…not even the so called Philex communities, kasi ordinaryong pamumuhay pa rin sila ngayon, kahit ganito na kalaki ang kinikita nung mina nila…

  • Meow Ming

    And where did they shipped those metals?.. China?.. F***  them !

  • http://profile.yahoo.com/74YM4AKT6YHVIO2VVW6VDNZJTA Jhon

    O then tapos? saan ang pera? Bakit mataas parin ang $dol vs peso?

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