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Philex restores crucial facility at Padcal mine

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Philex Mining Corp. has restored Tailings Storage Facility No. 3 (TSF3) at the Padcal mine to a level of stability where the company may be able to sustain “continued operations.”

Posted: November 28th, 2013 in Headlines | Read More »

Philex gets reprieve

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ON AUG. 1 last year, Tailings Storage Facility No. 3 of Philex Mining Corp. in Itogon, Benguet, leaked and spilled 20 million metric tons of silt into the Balog Creek and Agno River. As of late April, Philex officials said cleanup in the creek was 98-percent complete. RICHARD BALONGLONG

The Mines and Geosciences Bureau (MGB) has allowed Philex Mining Corp. to operate the Padcal mine in Benguet beyond July 7 or when the four-month temporary resumption of operations ends following the breach of a tailings pond in August last year.

Posted: July 6th, 2013 in Latest Business Stories | Read More »

Temporary resumption of Padcal operations sought

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philex-mining

Listed gold and copper producer Philex Mining Corp. said on Wednesday that a temporary resumption of operations at its Padcal mine in Benguet was needed to keep the structural integrity of the mine’s tailings pond.

Posted: February 7th, 2013 in Latest Business Stories | Read More »

Miners seek Philex reopening

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A miner monitors quarrying operations at Philex Mining’s old open pit mine in Benguet. The P1-billion penalty paid by Philex Mining for the tailings spill that occurred at its Padcal mine site in August 2012 may have been “low,” according to Sen. Sergio Osmeña III. INQUIRER FILE PHOTO

Employees of Philex Mining Corp. staged a protest ritual in front of the Mines and Geosciences Bureau (MGB) headquarters in Quezon City on Wednesday to press for the reopening of the company’s Padcal mine in Benguet that the government ordered shut after a massive mine tailing spill in August last year.

Posted: February 7th, 2013 in Latest Business Stories | Read More »

Philex vows to work with gov’t on Padcal

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A miner monitors quarrying operations at Philex Mining’s old open pit mine in Benguet. The P1-billion penalty paid by Philex Mining for the tailings spill that occurred at its Padcal mine site in August 2012 may have been “low,” according to Sen. Sergio Osmeña III. INQUIRER FILE PHOTO

Gold and copper producer Philex Mining Corp. promised to cooperate with the Mines and Geosciences Bureau of the Department of Environment and Natural Resources, which ordered the company to pay the P1.03-billion fine for tailings leak at its mining site in Benguet.

Posted: January 18th, 2013 in Latest Business Stories | Read More »

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