Silangan (Philippines)

Type: City
Name: Silangan (Philippines)
Country: Philippines
population: 86,049
First reported May 22 2013 - Updated May 22 2013 - 1 reports

Philex Mining mulls P12-B share sale in H2

MANILA, Philippines - Philex Mining Corp., the country’s largest miner, is looking to raise P12 billion through a share sale to existing stockholders early in the second half.Proceeds of the planned stock rights offering will allow the company to pay ... [Published Philippine Star - May 22 2013]
First reported Apr 30 2013 - Updated May 01 2013 - 2 reports

Philex nets P403M in January-March

MANILA, Philippines - Listed miner Philex Mining Corp. has registered a consolidated net income of P403 million in the first quarter of 2013, down from P1.268 billion in the same period last year due to the suspension of operations in its copper-gold ... [Published Philippine Star - Apr 30 2013]
First reported Apr 29 2013 - Updated Apr 29 2013 - 1 reports

PH Seeks Fresh Investments from US for Expanding Minerals Sector

Photo above shows (L-R) Trade Representative Archimedes Gomez, Mr. Tulsi Das Reyes, Mr. Isidro Consunji, President DMCI Holdings, Inc; Mr. Rainero Borja, President, EGS Philippines; Dr. Bernardo Villegas, Head of Delegation; Consul General Maria Hellen ... [Published Balita - Apr 29 2013]
First reported Apr 21 2013 - Updated Apr 21 2013 - 1 reports

Mining target met but...

Data provided by Mines and Geosciences Bureau (MGB) chief Leo L. Jasareno to reporters set 2012 mining investments at $791.69 million, exceeding the year’s $509-million goal. It was, however, substantially lower than the previous year’s result of $1.053 ... [Published Business World - Apr 21 2013]
First reported Apr 20 2013 - Updated Apr 20 2013 - 1 reports

‘Oh, so you write?’

Kababayan I meet at midday are the most baffled. Once, rushing to Holy Mass at the Saint Paul’s Hospital chapel, Naya, who was just leaving from work as a medtech, barred me on my tracks to investigate what kind of job I was rushing to get to.“Dito ka ... [Published Business Mirror - Apr 20 2013]
First reported Mar 12 2013 - Updated Mar 13 2013 - 1 reports

Philex raises P12.3B from stock rights offer

Philex Mining Corp. disclosed Tuesday that it would raise P12.3 billion from a stock rights offering to repay loans and fund mining activities.In a disclosure to the Philippine Stock Exchange (PSE), Philex said the net proceeds from the rights offer would ... [Published Philippine Daily Inquirer - Mar 12 2013]

Quotes

...The miner posted a core net income of P132 million and a net income of P403 million in the first three months of the year. "The results reflect only 23 to 24 days of operations of Padcal because we were allowed to operate March 8. For January and February, there were no operations" Pangilinan said.The net income included proceeds from Padcal mine's insurance settlement. VS, GMA News
"We believe that during the time of Philsucom/Nasutra about P14 billion were taken from the sugar industry. What happened was not a single centavo was returned to the sugar industry that's why until now there are no new investments, like putting up new sugar centrals, and sugar planters do not even acquire new tractors because of uncertainties in the sugar industry in addition to the Carp program that might take away their sugar lands. This is the reason why t the sugar industry has not grown and it is now time that the province should look into the repercussion of AFTA and the expiry of Carp in June 2014. They should have concrete plans for the sugar industry" Reyes stressed. (TDE)

More Content

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Philex Mining mulls P12-B share sale in H2 [Published Philippine Star - May 22 2013]
Tuklasin ang ganda ng Pilipinas sa 'Kapuso Mo, ... [Published GMA News.tv - May 19 2013]
Philex nets P403M in January-March [Published Philippine Star - Apr 30 2013]
Shareholders approve P12.3-B Philex Mining stoc... [Published GMA News.tv - Apr 30 2013]
PH Seeks Fresh Investments from US for Expandin... [Published Balita - Apr 29 2013]
Mining target met but... [Published Business World - Apr 21 2013]
Farmers urged to pursue claim on P14B Philsucom... [Published Sun Star Network - Apr 21 2013]
‘Oh, so you write?’ [Published Business Mirror - Apr 20 2013]
Philex raises P12.3B from stock rights offer [Published Philippine Daily Inquirer - Mar 12 2013]
Quezon City identifies 23 flood-prone public sc... [Published Philippine Daily Inquirer - Aug 18 2012]
Globe free call centers for flood victims [Published Philippine Daily Inquirer - Aug 10 2012]
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