Philex Mining Corporation

Philex Mining Corporation was incorporated in 1955 and listed on the Philippine Stock Exchange (PSE: PX). The company primarily operates the Padcal Mine, the first underground block cave operation in the Far East, producing Copper, Gold, and Silver concentrates since 1958. Philex, along with its subsidiaries Philex Gold Philippines, Inc. and Silangan Mindanao Exploration Co., Inc., are engaged in large-scale exploration, development, and utilization of mineral resources in the Energy industry in the Philippines. The company's principal investor is First Pacific Company Limited (HK: 142), a Hong Kong-based investment management and holding company with operations across Asia, primarily focusing on Telecommunications, Infrastructure, Consumer Food products, and Natural Resources. Additionally, Philex's publicly-listed subsidiary, Philex Petroleum Corporation (PSE: PXP), and its subsidiaries are primarily involved in Coal Operations, Oil, and Natural Gas business. Philex Mining Corporation aims to conduct principled and responsible mining practices as reflected in its slogan, "Right & Principled Mining." As of the last available information, there is no specific data regarding the last investment and the last investment investors in the company.