Home > Company List > Company Information
Philex Mining Corporation
| Philex Mining Corporation (PX) was incorporated on July 19, 1955, primarily to engage in mining activities. The Company and its subsidiaries are organized into two main business groups: the mining business, which is conducted through PX, Philex Gold Philippines, Inc. (PGPI), Silangan Mindanao Exploration Co., Inc. (SMECI) and Silangan Mindanao Mining Co., Inc. (SMMCI); and the oil and gas business, which is conducted through PXP Energy Corporation (PXP), a 30.4% owned company. PX and its wholly-owned subsidiaries are primarily engaged in large-scale exploration, development, and utilization of mineral resources in the Philippines. The Company has been operating the Padcal mine since 1958, using the underground block-cave method. As one of the country’s longest-operating mines, it produces copper concentrates containing copper, gold, and silver. PGPI operates the Bulawan Mine in Negros Occidental and is engaged in the development of the Sibutad Project in Zamboanga del Norte, both of which have been under the care and maintenance status since 2002. Meanwhile, SMECI, through SMMCI, owns the Silangan Project which covers the Boyongan and Bayugo deposits in Surigao del Norte and is slated for initial production in March 2026. Source: SEC Form 17-A (2025) |
| Sector | Mining and Oil |
|---|---|
| Subsector | Mining |
| Corporate Life | 50 |
| Incorporation Date | Jul 19, 1955 |
| Number of Directors | 11 |
| Stockholders' Meeting as per By-Laws | June - any day |
| Fiscal Year | 12/31 (Month/Day) |
| External Auditor | SyCip, Gorres, Velayo & Company |
| Transfer Agent | Stock Transfer Service, Inc. |
| Business Address | 2/F, LaunchPad Reliance corner Sheridan Streets, Mandaluyong City |
|---|---|
| E-mail Address | [email protected] |
| Telephone Number | (632) 8631-1381 |
| Fax Number | (632) 8882-9618 |
| Website | http://www.philexmining.com.ph |
