SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-Q

QUARTERLY REPORT PURSUANT TO SECTION 17 OF THE SECURITIES
REGULATION CODE AND SRC RULE 17(2)(b) THEREUNDER

1. For the quarterly period ended

Jun 30, 2014

2. SEC Identification Number

0000010044

3. BIR Tax Identification No.

043000283731

4. Exact name of issuer as specified in its charter

PHILEX MINING CORPORATION

5. Province, country or other jurisdiction of incorporation or organization

PHILIPPINES

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

27 BRIXTON ST., PASIG CITY Postal Code 1600

8. Issuer's telephone number, including area code

(632) 6311381

9. Former name or former address, and former fiscal year, if changed since last report

N/A

10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA

Title of Each Class	Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
COMMON	4,936,996,068

11. Are any or all of registrant's securities listed on a Stock Exchange?

Yes

No

If yes, state the name of such stock exchange and the classes of securities listed therein:

PHILIPPINE STOCK EXCHANGE

12. Indicate by check mark whether the registrant:

(a) has filed all reports required to be filed by Section 17 of the SRC and SRC Rule 17 thereunder or Sections 11 of the RSA and RSA Rule 11(a)-1 thereunder, and Sections 26 and 141 of the Corporation Code of the Philippines, during the preceding twelve (12) months (or for such shorter period that the registrant was required to file such reports)

Yes

No

(b) has been subject to such filing requirements for the past ninety (90) days

Yes

No

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

Philex Mining CorporationPX

PSE Disclosure Form 17-2 - Quarterly Report References: SRC Rule 17 and
Sections 17.2 and 17.8 of the Revised Disclosure Rules

For the period ended	Jun 30, 2014
Currency (indicate units, if applicable)	PESO THOUSANDS

Balance Sheet

	Period Ended	Fiscal Year Ended (Audited)
	Jun 30, 2014	Dec 31, 2013
Current Assets	7,009,389	8,387,482
Total Assets	40,712,832	39,889,982
Current Liabilities	10,075,906	9,774,947
Total Liabilities	14,269,346	13,972,728
Retained Earnings/(Deficit)	14,513,559	14,128,826
Stockholders' Equity	26,443,486	25,917,254
Stockholders' Equity - Parent	22,389,117	21,810,620
Book Value per Share	5.4	5.2

Income Statement

	Current Year (3 Months)	Previous Year (3 Months)	Current Year-To-Date	Previous Year-To-Date
Operating Revenue	2,868,244	3,296,596	5,781,523	4,185,912
Other Revenue	0	0	0	0
Gross Revenue	2,868,244	3,296,596	5,781,523	4,185,912
Operating Expense	2,194,084	2,042,709	4,468,031	2,725,500
Other Expense	13,144	175,975	62,261	-270,406
Gross Expense	2,207,228	2,218,684	4,530,292	2,455,094
Net Income/(Loss) Before Tax	449,782	881,225	826,247	1,486,610
Income Tax Expense	116,745	330,170	225,787	532,240
Net Income/(Loss) After Tax	333,037	551,055	600,460	954,370
Net Income Attributable to Parent Equity Holder	374,421	653,966	626,949	1,074,650
Earnings/(Loss) Per Share (Basic)	0.07	0.13	0.12	0.21
Earnings/(Loss) Per Share (Diluted)	0.07	0.13	0.12	0.21

Other Relevant Information
N/A