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Philex to fast-track Silangan mine operations
The Philippine Star
|May 12, 2024
Pangilinan-led Philex Mining. Corp is exploring all possible logistical options to fast-track the commercial operations of its Silangan gold and copper mine ahead of the fourth quarter 2025 target.
Philex president and CEO Eulalio Austin Jr. said the remaining challenge that the Silangan mine project is facing is the delivery of the critical equipment needed for its operations.
Austin noted that there have been persisting challenges in the global logistics and manufacturing industries, causing the lead time for the equipment to take “so long.”
Nonetheless, Austin said they are still keen on producing the first metal from the Silangan mine by the last quarter of 2025.
Esta historia es de la edición May 12, 2024 de The Philippine Star.
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