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Top mine firm says no worry as it retires 448 workers

Gold producer Philex Mining Corp. has retired 448 managers and workers at its Padcal mine, but the company said it was part of a manpower “right-sizing” program and not due to plunging world metals prices.

Posted: December 12th, 2014 in Headlines,Regions | Read More »

Philex Mining allowed to resume Padcal operations 2 years after tailings leak

ON AUG. 1 last year, Tailings Storage Facility No. 3 of Philex Mining Corp. in Itogon, Benguet, leaked and spilled 20 million metric tons of silt into the Balog Creek and Agno River. As of late April, Philex officials said cleanup in the creek was 98-percent complete. RICHARD BALONGLONG

The Mines and Geosciences Bureau has allowed Philex Mining Corp. to finally resume its operations in its Padcal mine in Benguet, roughly two years after the company was slapped with a cease and desist order.

Posted: August 28th, 2014 in Latest News Stories,Regions | Read More »

Benguet towns end debt feud with Philex

benguet map

Two towns of Benguet province have settled for a P200-million payment to end a P1.3-billion debt standoff with gold and copper producer Philex Mining Corp., according to a Benguet official.

Posted: April 8th, 2014 in Headlines,Regions | Read More »

Town revives bid to collect P1.3B in taxes from mining firm

A SECURITY guard and workers of Philex Mining Corp. view the Balog creek in Itogon, Benguet which was affected by a tailings spill in August 2012. The creek has since been cleaned. RICHARD BALONGLONG/INQUIRER NORTHERN LUZON

BAGUIO CITY—The mining town of Itogon in Benguet province has revived a tax dispute with the Philex Mining Corp. and has threatened to shut down the tailings pond and mill site of the firm’s Padcal mine should it fail to pay P1.3 billion in accumulated business taxes dating back to 2002.   “We will be […]

Posted: February 5th, 2014 in Featured Gallery,Headlines,Photos & Videos,Regions | Read More »

Miner killed in Benguet mine mishap

tuba, benguet map

A miner of Philex Mining Corp. died in an accidental discharge of mud beneath the Padcal mine in Tuba town, Benguet, three days before Christmas, prompting company officials to review safety protocols.

Posted: December 28th, 2013 in Latest News Stories,Regions | Read More »