Philex Mining Releases Gold, Silver and Copper Production Report for January

Pasig–(PHStocks)–Philex Mining Corporation (PSE: PX) has announced that its gold production in January totaled 10,408 ounces. It also produced 3,062,730 pounds of copper and 9,687 ounces of silver. For January, the Padcal mine delivered 811,685 DMT of ore resulting in 5,530 DMT of concentrates containing 56.88g per DMT of gold, 25.12% copper, and 54.37g per DMT of silver. […]
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PHStocks Week in Review: Steady She Goes

Still fresh from the heels of the recent announcement regarding Philippine Long Distance Telephone Co.’s (PSE: TEL) acquisition from JG Summit Holdings Inc. (PSE: JGS) ownership interest in Digital Telecommunications Philippines Inc. (Digitel, PSE: DGTL), the local stock market continued its growth this week, with the main board Philippine Stock Exchange index (PSEi)  gaining 0.51% […]
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Atlas Completes 37th Shipment of Copper Concentrate

Atlas Consolidated Mining and Development Corp. (PSE: AT) has completed its 37th shipment of copper concentrate since the start of mining operations through its subsidiary Carmen Copper Corp. (CCC). Revenue from this copper concentrate shipment which weighs approximately 5,078 dry metric tons (dmt) and contains 27.52% copper, 2.25 grams of gold per dmt and 21.33 […]
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PHStocks Week in Review: All Shook Up

While the brunt of the damage of the March 11 earthquake in Japan, which caused a tsunami that wiped out a coastal area and a nuclear crisis ongoing up to this day, was absorbed by the country, the whole world has felt its ripples, although at least not physically. Markets have reacted, supply chains were […]
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Philex Mining Posts 124% Increase in Core Net Income

Philex Mining Corp. (PSE: PX) has achieved a core net income of PhP4.151 billion for 2010, up 124% from the PhP1.85 billion in the previous year. Record price levels for gold and copper during the year raised the company’s revenue from the Padcal gold and copper mine. The favorable price levels combined with higher metal […]
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Atlas Completes 34th Shipment

Atlas Consolidated Mining and Development Corp. (PSE: AT) has completed its 34th shipment of copper concentrate since the start of mining operations through its subsidiary Carmen Copper Corp. (CCC). The company expects revenue from this shipment to reach US$11,034,860.51 (inclusive of gold credits) based on a volume of approximately 4,940.406 dry metric tons (dmt) of […]
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Atlas Completes 33rd Shipment of Copper Concentrate

Atlas Consolidated Mining and Development Corp. (PSE: AT) is pleased to report the completion on 4 January 2011 of its thirty third shipment of copper concentrate through its subsidiary Carmen Copper Corp. (CCC). Revenue from this shipment consigned to Jinlong Copper Co. Ltd of Tongling, Anhui, China, is estimated to reach US$11.866 million based on […]
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