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Dog saves 2 boys from fire in Benguet

May 19, 2017 - 6:34 PM

Miztah, the family pet, wakes up brothers Wilbur and Kurt as a fire strikes their home

Dog saves 2 boys from fire in Benguet

Philex Mining suspends Silangan mine project

Apr 30, 2017 - 11:40 PM

This comes after Environment Secretary Gina Lopez banned the open-pit method of mining for copper, gold, silver, and complex ores in the Philippines

Philex Mining suspends Silangan mine project

PCCI: Investors may dump PH over cancelled mining agreements

Feb 15, 2017 - 11:16 PM

'How can a company risk stockholders' money in projects if the investment rules are unclear and uncertain?' says the president of the Philippine Chamber of Commerce and Industry

PCCI: Investors may dump PH over cancelled mining agreements

Lopez tells big mining firms to improve community dev’t programs

Dec 30, 2016 - 10:00 AM

Environment Secretary Gina Lopez says she wants the DENR, mining firms, and the host community to jointly manage the Social Development and Management Program fund

Lopez tells big mining firms to improve community dev’t programs

Weakening peso 'positive' for Philex Mining, PLDT

Nov 25, 2016 - 1:26 PM

While the weaker peso means higher debt servicing for the government, it is 'positive' for some firms whose revenues are denominated in US dollars

Weakening peso 'positive' for Philex Mining, PLDT

MVP on Reed Bank exploration: 'Absolutely no movement'

Nov 21, 2016 - 8:00 AM

Meanwhile, a congressman is worried about energy security and says it is 'high time to allow the resumption of the stalled projects'

MVP on Reed Bank exploration: 'Absolutely no movement'

Ongpin hits SolGen for new evidence on insider trading case

Sep 01, 2016 - 7:30 PM

'It shows that their evidence in the first place were lacking and did not warrant certainly imposing a fine on Mr Ongpin of P174 million,' the businessman's lawyer argues

Ongpin hits SolGen for new evidence on insider trading case

CA stops SEC order on Ongpin's insider trading case

Aug 02, 2016 - 1:40 PM

In issuing the TRO, the Court of Appeals says the complex issues and circumstances surrounding the case 'present an urgent and paramount necessity to prevent serious damage' on businessman Roberto Ongpin

CA stops SEC order on Ongpin's insider trading case

Ongpin vows to appeal SEC ruling, slams 'cruel' penalties

Jul 24, 2016 - 11:55 PM

'I thought that the persecution under the Aquino administration had ended but apparently, the remaining minions of the past administration are still determined to get me,' says Roberto Ongpin

Ongpin vows to appeal SEC ruling, slams 'cruel' penalties

Ongpin barred from listed firms, fined P174M for insider trading

Jul 22, 2016 - 7:27 PM

The Securities and Exchange Commission also orders Roberto Ongpin to resign from all listed companies he is holding positions – which include PhilWeb and Atok Big Wedge

Ongpin barred from listed firms, fined P174M for insider trading

Reed Bank exploration: Philex Petroleum may seek new foreign partner

Jul 14, 2016 - 3:52 PM

After the Philippines' win against China over the West Philippine Sea, Philex Petroleum awaits government's cue on Reed Bank exploration

Reed Bank exploration: Philex Petroleum may seek new foreign partner

Philex, Silangan Mining to Gina Lopez: We are ISO-compliant

Jul 06, 2016 - 7:00 PM

This is in response to DENR chief Gina Lopez's call to suspend mining firms that are not ISO-compliant

Philex, Silangan Mining to Gina Lopez: We are ISO-compliant

Investors in mining panic over Gina Lopez appointment

Jun 22, 2016 - 6:23 PM

Stock analysts say investor jitters seen to continue until Lopez presents her mining policies

Investors in mining panic over Gina Lopez appointment

Philex clears hurdle in Silangan mine in Mindanao

May 17, 2016 - 6:11 PM

The Silangan project is seen to start production in 2018 and become a key revenue generator for Philex after its Padcal mine closes in 2022

Philex clears hurdle in Silangan mine in Mindanao

Philex explores prospects outside disputed Reed Bank

Mar 07, 2016 - 6:36 PM

This is after the Philippine government in March 2015 suspended all exploration works at the Reed Bank in the South China Sea

Philex explores prospects outside disputed Reed Bank

Philex ends 2015 with higher income despite lower metal prices

Feb 25, 2016 - 5:30 PM

However, its metal, gold, and copper businesses in 2015 recorded lowest revenues over the last 5 years

Philex ends 2015 with higher income despite lower metal prices

More IPOs before 2015 ends – PSE

Nov 26, 2015 - 2:16 PM

It has been a year of highs and lows for the local bourse, which started the year in record breaking fashion before global instability pulled the index back

More IPOs before 2015 ends – PSE

More than 400 Philex workers opt for voluntary retirement

Apr 07, 2015 - 7:39 PM

They account for 20% of the present workforce of Philex Mining, which projects that its Padcal mines may last for only 5 years more

More than 400 Philex workers opt for voluntary retirement

Philex eyes Padcal extension with add'l minerals found

Mar 20, 2015 - 8:26 PM

The Manuel V Pangilinan-led firm says it found an additional 110.9 million tons of mineral resources – a find that could extend the mine’s life beyond 2020

Philex eyes Padcal extension with add'l minerals found

Billions of pesos in Church funds locked in stocks

Jan 11, 2015 - 7:30 AM

(UPDATED) The Church has investments in banking, oil, energy, information technology, food and beverages, construction, and mining

Billions of pesos in Church funds locked in stocks

PH mining firms sign industry scorecard

Oct 13, 2014 - 11:53 AM

Top mining companies agree to a new monitoring program to check their environmental footprint while doing business

PH mining firms sign industry scorecard

Gov’t lifts suspension on Philex’s Padcal mine

Aug 28, 2014 - 3:00 PM

The mining company has ‘substantially addressed’ the adverse impacts of the disastrous spill of mining sediments in Benguet in August 2012, says the Mines and Geosciences Bureau

Gov’t lifts suspension on Philex’s Padcal mine

Philippines slams China over 'sovereignty patrols'

Aug 18, 2014 - 4:38 PM

The Philippines says China regularly sends ships as part of 'illegitimate sovereign patrols' to claim the disputed West Philippine Sea

Philippines slams China over 'sovereignty patrols'

Aquino hits China over 2 ships in Recto Bank

Aug 18, 2014 - 1:27 AM

China's hydrographic ships have been sighted within the Philippines' exclusive economic zone. President Aquino says he fears heightened tension between the 2 countries in the South China Sea.

Aquino hits China over 2 ships in Recto Bank

Philex earmarks P4B for big-ticket projects

Jun 26, 2014 - 8:28 AM

The listed mining company is still waiting for clearance to fully operate the Padcal copper-gold mine in Benguet

Philex earmarks P4B for big-ticket projects

Philex says Padcal cleared for full operations by PAB

Jun 18, 2014 - 4:33 PM

The Pollution Adjudication Board lifts the cease-and-desist order it issued on Philex after the mining company fulfilled its obligations

Philex says Padcal cleared for full operations by PAB

Philex pays P189-M fine over 2012 Padcal mine spill

Jun 06, 2014 - 10:57 PM

The penalty has been imposed for the listed company's violation of the Clean Water Act during the period August 2012 to February 2014

Philex pays P189-M fine over 2012 Padcal mine spill

Philex posts 33.7% drop in Q1 net income

May 01, 2014 - 12:40 PM

Philex posts a 110% increase in its core net income in the first quarter of 2014 over last year, but reports a drop in net income for the period

Philex posts 33.7% drop in Q1 net income

Water, power businesses lift Metro Pacific's 2013 earnings

Mar 19, 2014 - 5:39 PM

Metro Pacific units Maynilad and Meralco perform strongly

Water, power businesses lift Metro Pacific's 2013 earnings

Philex to resume full Padcal operations soon?

Mar 03, 2014 - 6:17 PM

Philex completes the rehab and cleanup works required so it could fully operate its Padcal mine in Benguet

Philex to resume full Padcal operations soon?

Philex eyes extension of Padcal mine life

Feb 24, 2014 - 7:38 AM

The company is exploring for viable deposits around its Padcal copper-gold mine in Benguet in a bid to extend the mine's lifespan beyond 2020

Philex eyes extension of Padcal mine life

Lower metal prices weigh on Philex profit

Nov 06, 2013 - 12:34 PM

The country's largest listed mining firm suffers a 29% decline in net income in the first 9 months of 2013

Lower metal prices weigh on Philex profit

Philex shelves P13.8-B rights offer

Oct 08, 2013 - 4:32 PM

Philex Mining cancels its planned stock rights offering, citing unfavorable market conditions

Philex shelves P13.8-B rights offer

MVP-led Philex to shut down coal mine

Sep 02, 2013 - 11:29 AM

Six months after declaring a suspension, the Philex unit proceeds with closure of coal mining operations

MVP-led Philex to shut down coal mine

Currency woes widen Philex Petroleum losses in H1

Jul 26, 2013 - 1:10 PM

The net losses of upstream oil and gas company Philex Petroleum Corp. widens to P225.2 million in the first 6 months of 2013 from P80.5 million a year ago

Currency woes widen Philex Petroleum losses in H1

Death of Philex employee in mine shaft still a puzzle

Jul 23, 2013 - 10:05 PM

The mining company is awaiting results of an investigation into the death of Rodolfo Bayaoa Corsino, 49, a member of its logistics crew in Itogon, Benguet

Death of Philex employee in mine shaft still a puzzle

Philex unit completes P2.1-B sale of Vietnam firm

Jul 17, 2013 - 4:29 PM

The sale generated P200 million profits, which the Philex group intends to use to 'fund exploration activities' and 'acquire new oil and gas exploration assets'

Pollution board allows Philex to continue operations

Jul 09, 2013 - 6:39 PM

The state pollution board allows Philex Mining to continue with its remediation measures for the damaged tailings facility in its Padcal gold and copper mine

Pollution board allows Philex to continue operations

Govt allows Philex to continue operations

Jul 05, 2013 - 6:54 PM

(UPDATED) The country's biggest gold producer is allowed to continue temporary operations in Benguet mountain province while regulators review rehabilitation plans for mine's damaged tailing dam

Govt allows Philex to continue operations

SSS hopeful govt will lift Philex mine suspension

Jul 01, 2013 - 5:12 PM

The state pension fund owns P18-B worth of shares in the mining firm

SSS hopeful govt will lift Philex mine suspension

7 PH firms among ‘investor favorites’ in SE Asia

Jun 28, 2013 - 2:45 AM

SMIC, Ayala Corp, San Miguel are among the 8 Philippine firms that global investors consider their favorites, according to a poll

Philex asks govt to lift suspension order on Padcal

Jun 26, 2013 - 7:04 PM

The company filed a petition for the lifting of the suspension on June 21

Philex asks govt to lift suspension order on Padcal

Philex, Meralco eye power project in Surigao del Norte

Jun 26, 2013 - 1:31 PM

Philex is in talks with Meralco for the possibility of putting up an 8-megawatt coal-fired plant in Surigao del Norte

Philex, Meralco eye power project in Surigao del Norte

MVP, San Miguel in wait and see mode on Tampakan

Jun 17, 2013 - 10:02 AM

Two of the country's biggest conglomerates are in a wait-and-see mode on their minority stakes in Tampakan mine in Mindanao following the ownership changes at the stalled gold and copper mine project

MVP, San Miguel in wait and see mode on Tampakan

Philex wants more time to rehabilitate tailings pond

Jun 16, 2013 - 7:05 PM

The miner wants to operate its Padcal mine beyond the 4-month period earlier approved by government

Philex wants more time to rehabilitate tailings pond

Finish clean up of mine wastes, Philex told

May 23, 2013 - 5:04 PM

The state pollution body requires total clean up of the mine tailings that spilled into affected waterways before it will allow Philex to operate its copper-gold mine again

Finish clean up of mine wastes, Philex told

Soldier killed by NPA in Negros Oriental

May 13, 2013 - 4:24 PM

The troops were attacked by an guerrillas suspected of having killed five soldiers and destroying properties belonging to Philex Mining Corporation

Soldier killed by NPA in Negros Oriental

Why allow Philex to be beaten up?

May 13, 2013 - 5:05 AM

Phiex Mining stockholders worried about Philex's reputation following Padcal mine spill in August

Why allow Philex to be beaten up?

5 soldiers killed, 2 injured in NPA encounter in Negros

May 04, 2013 - 3:44 PM

The encounter happens after troops conduct clearing operations that follow an alleged NPA attack on the Philex Mining site

5 soldiers killed, 2 injured in NPA encounter in Negros

Philex Q1 earnings down 68% due to Padcal closure

Apr 30, 2013 - 8:28 PM

Philex's Padcal mine was ordered closed in August 2012 due to a waste leak

Philex Q1 earnings down 68% due to Padcal closure