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                    [ArticleID] => 235284
                    [Title] => Philex secures $15-M loan for dev’t 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
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METALS CO

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                    [ArticleID] => 235284
                    [Title] => Philex secures $15-M loan for dev’t 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
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                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
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abtest

Philex secures $15-M loan for dev’t of gold-copper mine in Benguet

By Zinnia B. Dela Peña | January 16, 2004 - 12:00am

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...

Business