Philex gives up P4B income target after mine incident

Posted at Aug 10 2012 11:24 AM | Updated as of Dec 09 2016 03:24 PM

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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