Page 17 - Philex Mining News Today : Breaking News, Live Updates & Top Stories | Vimarsana

December 14, 2020 | 12:01 am Font Size OUTLIER METRO PACIFIC Investments Corp. (MPIC) was among the most active stocks last week as investors reacted following news of its acquisition of a petroleum products terminal and the suspension of its toll operations’ business permit. Data from the Philippine Stock Exchange showed a total of 173.64 million MPIC shares worth P765.28 million were traded from Dec. 7-11, making it the twelfth most actively traded stock in the local bourse last week. Shares in the Manuel V. Pangilinan-led company closed lower by 3.5% week-on-week to P4.39 apiece...

December 11, 2020 | 7:37 pm Font Size AAA METALLIC mineral production in the first nine months fell 4.75% year-on-year to P94.99 billion due to disruptions caused by the pandemic and the resulting lockdown, the Mines and Geosciences Bureau (MGB) said. In a report Friday, the MGB said nickel ore and its by-products such as mixed nickel-cobalt sulfide and scandium accounted for 50.8% of the value of production or P48.22 billion, followed by gold at 36.7% or P34.85 billion, copper at 11.5% or P10.95 billion, and silver, chromite, and iron at a combined 1.02% or P966.05 million. The MGB ...

December 10, 2020 | 8:08 pm Font Size PHILIPPINE STAR/MICHAEL VARCAS TOLL road operator NLEX Corp. said on Thursday it would relocate some of its radio-frequency identification (RFID) installation and reloading stations from toll plazas in Valenzuela City to ease traffic congestion in the area. In an e-mailed statement, the company said it would transfer the existing RFID sticker installation and account reloading stations in the Karuhatan and Mindanao toll plazas “in order to improve traffic flow in the nearby areas.” On Monday, the Valenzuela City government suspended NLEX Corp...