Philex eyeing Macawiwili stake

By Eireene Jairee Gomez

Jan 24, 2023 12:15 am

PHILEX Mining Corp. is considering the purchase of a stake in Macawiwili Gold Mining and Development Co. Inc. (MGMDCI) as part of its expansion efforts.

Philex said it recently signed a term sheet with MGMDCI outlining clear intentions to explore commercial, financial and technical avenues in preparation for the possible share acquisition.

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.

Related Articles

Meralco to tap P75-B credit line

RCBC sets initial terms for sustainability notes

A Brown to ink deal for Misamis project

Palm Concepcion unit starts construction of Iloilo solar project

Taxation: Evaluating progress and addressing challenges

RCBC to raise capital via sustainability notes

Megawide allots P1.8B for 2025 capital spending