Silangan mine to boost Philex revenues by 2027

MANILA, Philippines – The Silangan copper-gold project in Surigao del Norte is set to become a major revenue driver for Philex Mining Corp. next year after it starts commercial operations in the third quarter of 2026. “I have to run the numbers, but to us, it would become a major source of revenue,” Philex Mining president and CEO Eulalio Austin Jr. said on the sidelines of the listed firm’s annual stockholders’ meeting. READ: Philex’s Silangan gold mine all set to start commercial run in ’26 Austin said Silangan’s ore grade is about six times higher than Padcal’s, Philex’s flagship mine for […]... Keep on reading: Silangan mine to boost Philex revenues by 2027