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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 611918 [Title] => Filipino spirit beyond borders [Summary] =>Whenever I leave the Philippines, I always bring with me not only the basic necessities enough for the duration of my stay abroad, but also the values and the pride that I as a Filipino should maintain.
[DatePublished] => 2010-09-14 17:03:56 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1514705 [AuthorName] => Melvin Jabar [SectionName] => [SectionUrl] => [URL] => ) [1] => Array ( [ArticleID] => 400085 [Title] => Philex Mining to sell 20% stake to foreign investors [Summary] => Philex Mining Corp. is selling the shares it acquired from an extended buyback program, representing 20 percent of its ... [DatePublished] => 2008-09-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 325085 [Title] => Philex returns to profitability, posts P409-M income in 2005 [Summary] => Philex Mining Corp., the third- largest Philippine mining company by market value, said it returned to a profit last year on higher production and metal prices.
Net income reached P409 million, compared with a P15.8-million loss in 2004, Philex said in a statement to the stock exchange. The company said 2005 profit may be as high as P490 million because of new accounting rules.
Earnings will probably be higher this year as it opens a portion of a mine in the northern province of Benguet, the statement said.
[DatePublished] => 2006-03-09 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 307557 [Title] => Philex secures $8.5-M loan for mine devt [Summary] => Philex Mining Corp. has obtained an $8.5 million loan facility from a syndicate of local banks to finance the underground development of its Padcal mine in Benguet province.
In a disclosure to the Philippine Stock Exchange, Philex said Bank of Commerce, Philippine National Bank and International Exchange Bank are granting the loan.
The projected capital cost for the development of the Padcal mine amounts to P538 million this year and P210 million in 2006.
[DatePublished] => 2005-11-20 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 235284 [Title] => Philex secures $15-M loan for devt of gold-copper mine in Benguet [Summary] => Philex Mining Corp., one of the most diversified mining companies in the country, has signed a letter of intent with Pan Pacific Copper Co. Ltd. for a $15-million term loan to finance the underground development of its gold-copper mine in Padcal, Tuba, Benguet province.
Pan Pacific is a joint venture between Nippon Mining & Metals Co. Ltd. and Mitsui Mining & Smelting Co. Ltd. of Japan. Nippon operates the largest copper smelter in Japan and has been purchasing Philex copper concentrate since the opening of the Padcal mine.
[DatePublished] => 2004-01-16 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
KYUSHU ISLAND
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 611918 [Title] => Filipino spirit beyond borders [Summary] =>Whenever I leave the Philippines, I always bring with me not only the basic necessities enough for the duration of my stay abroad, but also the values and the pride that I as a Filipino should maintain.
[DatePublished] => 2010-09-14 17:03:56 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1514705 [AuthorName] => Melvin Jabar [SectionName] => [SectionUrl] => [URL] => ) [1] => Array ( [ArticleID] => 400085 [Title] => Philex Mining to sell 20% stake to foreign investors [Summary] => Philex Mining Corp. is selling the shares it acquired from an extended buyback program, representing 20 percent of its ... [DatePublished] => 2008-09-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 325085 [Title] => Philex returns to profitability, posts P409-M income in 2005 [Summary] => Philex Mining Corp., the third- largest Philippine mining company by market value, said it returned to a profit last year on higher production and metal prices.
Net income reached P409 million, compared with a P15.8-million loss in 2004, Philex said in a statement to the stock exchange. The company said 2005 profit may be as high as P490 million because of new accounting rules.
Earnings will probably be higher this year as it opens a portion of a mine in the northern province of Benguet, the statement said.
[DatePublished] => 2006-03-09 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 307557 [Title] => Philex secures $8.5-M loan for mine devt [Summary] => Philex Mining Corp. has obtained an $8.5 million loan facility from a syndicate of local banks to finance the underground development of its Padcal mine in Benguet province.
In a disclosure to the Philippine Stock Exchange, Philex said Bank of Commerce, Philippine National Bank and International Exchange Bank are granting the loan.
The projected capital cost for the development of the Padcal mine amounts to P538 million this year and P210 million in 2006.
[DatePublished] => 2005-11-20 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 235284 [Title] => Philex secures $15-M loan for devt of gold-copper mine in Benguet [Summary] => Philex Mining Corp., one of the most diversified mining companies in the country, has signed a letter of intent with Pan Pacific Copper Co. Ltd. for a $15-million term loan to finance the underground development of its gold-copper mine in Padcal, Tuba, Benguet province.
Pan Pacific is a joint venture between Nippon Mining & Metals Co. Ltd. and Mitsui Mining & Smelting Co. Ltd. of Japan. Nippon operates the largest copper smelter in Japan and has been purchasing Philex copper concentrate since the opening of the Padcal mine.
[DatePublished] => 2004-01-16 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
By Melvin Jabar | September 14, 2010 - 5:03pm
By Zinnia B. Dela Peña | September 13, 2008 - 12:00am
By Zinnia B. Dela Peña | March 9, 2006 - 12:00am
By Zinnia B. Dela Peña | November 20, 2005 - 12:00am
By Zinnia B. Dela Peña | January 16, 2004 - 12:00am
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