Philex Mining Corp 2019 IR
The report details Philex Mining Corporation's financial and sustainability performance for the fiscal year 2019, focusing on its Padcal Mine operations and the development of the Silangan Project. Despite facing operational challenges and declining ore grades that led to a net loss of Php 648 million, the company maintained its commitment to responsible mining. Philex invested Php 157.57 million in its Environmental Protection and Enhancement Program and spent Php 95.3 million on its Social Development and Management Program, benefiting local communities through health, education, and infrastructure initiatives. The company also completed the definitive feasibility study for the Boyongan deposit of the Silangan Project, highlighting its potential as a major copper and gold source.
Company: Philex Mining Corp
Sector: Materials
Country: Philippines
Year: 2019
Type: IR
Pages: 116
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Philex Mining Corp
Annual And Sustainability Report
The report details Philex Mining Corporation's financial and sustainability performance for the fiscal year 2019, focusing on its Padcal Mine operations and the development of the Silangan Project. Despite facing operational challenges and declining ore grades that led to a net loss of Php 648 million, the company maintained its commitment to responsible mining. Philex invested Php 157.57 million in its Environmental Protection and Enhancement Program and spent Php 95.3 million on its Social Development and Management Program, benefiting local communities through health, education, and infrastructure initiatives. The company also completed the definitive feasibility study for the Boyongan deposit of the Silangan Project, highlighting its potential as a major copper and gold source.
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Document Details
Report Year
2019
Reporting Period
Jan 1, 2019 - Dec 31, 2019
Fiscal Year
2019
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Water Consumption
Employees