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PANGILINAN-LED Philex Mining Corp. said Thursday its net income last year fell by 44.4 percent to P1.0 billion from P1.8 billion in 2022 on lower gold and copper output from its mines.
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Last week Share prices gained last week, allowing the main index to close higher for four consecutive weeks, but volume remained thin as investors remained on the sidelines. The benchmark Philippine Stock Exchange index rose 57.61 points to close at 6,299.50 points. “The local market has been building momentum lately,…