Commissioner of Internal Revenue. G.R. No. 148187 April 16, 2008. Ynares-Santiago, J. FACTS: Philex Mining Corp. entered into an agreement with Baguio Gold Mining Co. for the former to manage. and operate the latter's mining claim, known as the Sto. Nino Mine. The parties' agreement was. denominated as "Power of Attorney" which provides ...
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Philex Mining Corporation PX PSE Disclosure Form 4-13 - Clarification of News Reports References: SRC Rule 17 (SEC Form 17-C) and Section 4.4 of the Revised Disclosure Rules. Subject of the Disclosure Clarification on News Report entitled "With Silangan momentum set, Philex shopping for more mining sites" Source ...
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Philex Mining Corp. on Thursday reported an attributable net income of P314.56 million for the second quarter, down 55.62% from P708.85 million a year earlier, amid lower operating revenues and higher expenses. The listed gold and copper producer said that its core net income stood at P314 million, a decrease of 52% from P657 million …
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Philex Mining Corp. announced its plan for a $224-million Silangan copper and gold project in Surigao del Norte with an estimated 571 tons worth of mineral …
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Philex protested the demand stating that the pending claims for tax credit/refund should be applied against the tax liabilities as the Court previously allowed in the case of CIR v. Itogon-Suyoc Mines Inc. However, BIR said in its reply that legal compensation cannot take place and thus Philex must pay the amount demanded.
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Philex Mining : 2021 Annual and Sustainability Report. The cover shows the ongoing pre-development work in Silangan Project against the backdrop of a rising sun to symbolize the bright prospect for our Silangan Project and the hope, optimism, and confidence in the future of Philex Mining. It also depicts the positive outlook on the …
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View the latest Philex Mining Corp. (PX) stock price, news, historical charts, analyst ratings and financial information from WSJ.
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Philex Mining Corp. is all set to jumpstart the development of its long-delayed Silangan project in Surigao del Norte following the completion of its in-phase plan for the mine, which is estimated to have a mining life of up to 28 years. Based on the feasibility study, the Silangan mine is expected to produce up to four million tonnes per …
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Philex Mining Corporation, one of the oldest and largest copper and gold producers in Southeast Asia, and a leader in right and principled mining in the country, was recently …
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Philex Mining Corporation Reports Earnings Results for the First Quarter Ended March 31, 2022 2022: CI Philex Mining Corporation Announces the Resignation of Atty. Jonas Emanuel S. Santos as Vice-President General Counsel and Data Protection Officer. Effective May 15, 2022 2022
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Philex Mining : named one of PH's best in CSR advocacy. Philex Mining Corp. has been named as one of the Philippines' top companies for its social and environmental projects, garnering the ninth place in the Best Corporate Social Responsibility (CSR) category in a latest poll conducted by the Hong Kong-based FinanceAsia …
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MANILA, Philippines — Listed Philex Mining Corp. is set to begin the development of the first phase of the Silangan copper-gold mine by next year, even …
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July 30, 2021. Bilyonaryo. Philex Mining Corp., the country's largest miner, is embarking on a fundraising program to jumpstart the development of its Silangan mine in Surigao del Norte. In a regulatory filing, Philex said it would appoint a financial advisor to assist in the fundraising after its board approved the in-phase development ...
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PHILEX MINING CORPORATION ( C ) will be held on Thursday, 30 June 2022 at 2:30 p.m., and will be presided at TV5, LaunchPad, Reliance Street corner Sheridan Street, Mandaluyong City, Metro Manila. The meeting will be conducted virtually, and attendance at the meeting will be via remote communication only. The order of business …
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Pangilinan-led Philex Mining Corp. expects to rebound this year after the decline posted in 2022, driven by the additional mineable reserves it identified that extended its Padcal mine life. advertisement
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The Philex mine spill in Benguet is now the "biggest mining disaster" in the Philippines in terms of volume, with 20 million metric tons of mine tailings flowing out of its tailings pond, or ten times more than the amount dumped by Marcopper into the Boac River in Marinduque. This week, the Mines and Geosciences Bureau will conduct a socio …
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Philex Mining Corporation at its Organizational Meeting of the Board of Directors held on 22 June 2023, appointed Ricardo S. Dolipas II as Vice President - Padcal Operations; Romeo B. Bachoco as Chief Risk Officer and Geraldine B. Ateo-an as Chief Audit Executive. The company also announced appointments to the committees: Board …
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Overview Key Ratios Trading Information Last Close 2.72 Sector Basic Materials Industry Other Industrial Metals & Mining Investment Style Small Value Day …
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PX | Complete Philex Mining Corp. stock news by MarketWatch. View real-time stock prices and stock quotes for a full financial overview.
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In its 1982 annual income tax return, Philex Mining deducted from its gross income the amount of P112,136,000.00 as loss on settlement of receivables from Baguio Gold against reserves and allowances. However, the BIR …
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Philex is a domestic corporation engaged in the mining business, including the exploration and operation of mine properties and the commercial production and marketing of mine products. On January 21, 2010, Philex filed its original Quarterly VAT Return for the fourth quarter of 2009. [5] Subsequently, on September 13, 2011, it filed an …
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Philex Mining Corp. has raised P2.65 billion from a stock rights offering (SRO) to help jumpstart its long-delayed Silangan project in Surigao del Norte. The mining firm, led by bilyonaryo Manny V. Pangilinan, offered a total of 842 million common shares at the rate of one share for every 5.8764 shares owned for P3.15 apiece.
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Philex Mining vs CIR PHILEX MINING CORP. v. CIR GR No. 125704, August 28, 1998 294 SCRA 687 FACTS: Petitioner Philex Mining Corp. assails the decision of the Court of Appeals affirming the Court of Tax Appeals decision ordering it to pay the amount of P110.7 M as excise tax liability for the period from the 2nd quarter of 1991 to the 2nd quarter of …
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Published February 27, 2023 5:16pm. Pangilinan-led Philex Mining Corp. expects to rebound this year after the decline posted in 2022, driven by the additional mineable reserves it identified that extended its …
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MANILA -- Philex Mining on Thursday reported a huge drop in earnings from April to June 2023. In a statement, the Manny Pangilinan-led miner said core net income in the second quarter was at P314 million-- a more than 50 percent cut from what they made in the same period last year. Earninge before interest, tax, depreciation and amortization ...
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In April 2010, Philex completed a tender offer for the minority shares of Philex Gold Inc., heretofore an 81%-owned subsidiary, thereby giving Philex full ownership of the Silangan Project. In the medium term, technical and financial resources will be devoted primarily to bringing this project into production as
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Petitioner Philex Mining Corp. assails the decision of the Court of Appeals promulgated on April 8, 1996 in CA-. G.R. SP No. 36975 1 affirming the Court of Tax Appeals decision in CTA Case No. 4872 dated March 16, 1995 2. ordering it to pay the amount of P110,677,668.52 as excise tax liability for the period from the 2nd quarter of …
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