Philex gives up P4B income target after mine incident

Posted at Aug 10 2012 11:24 AM | Updated as of Aug 10 2012 07:24 PM

Philex Mining expects its earnings to decline after its Padcal mine stopped operating. The closure of the mine is costing the company P220 million a month. Lois Calderon reports. [email protected], August 10, 2012