Philex Mining Corporation, one of the largest gold and copper producers in Southeast Asia, is celebrating its sixtieth year as a publicly-listed corporation (PLC). Though the company was incorporated in 1955, it was only on November 23, 1956 that it was listed with the Philippine Stock Exchange.
With Philex board of directors Wilfredo A. Paras, Atty. Bienvenido E. Laguesma, Juan B. Santos, Oscar J. Hilado, Atty. Marilyn A. Victorio-Aquino, Manuel V. Pangilinan, Eulalio B. Austin, Jr., Atty. Barbara Anne C. Migallos, Michael Victor N. Alimurung, and my co-emcee Atty. Joan A. De Venecia during the ceremonial toast
Philex President Euls Austin Jr., Philex Chairman MVP, Pan Pacific Corp. ‘s Dai Nagatsuka and Takayasu Kashimura, and Philex CFO Danny Yu
The anniversary celebration kicked off at the Padcal mine camp, Philex’s stronghold in the North, with a tree-planting at the decommissioned and rehabilitated Tailings Storage Facility No. 1 (TSF1). Contrary to popular misconception, the soil that is returned into a decommissioned storage facility, as part of its proper rehabilitation, is fertile enough to grow trees on or even start a forest with. Considering that when Philex first entered the area, the mountains were all barren due to over-logging by previous concessionaires. Now the area is lush with greenery and vegetation.
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Philex President and CEO Euls Austin, Jr. (3rd from left) with the recipients of TSF3 Bravery Award to Philex Padcal Asst. Resident Manager Roy Mangali, Mined Division Head Ric Dolipas II, Environmental Quality Monitoring and Enhancement Supervisor Paquito V. Tobias, Mill Operations Supervisor Ryan Pamilagas, Electrical Superintendent Richard Santiago
Philex SVP and Resident Manager Manny Agcaoili and HR Group Manager Joy Sinajon handed the Sexaginta Award for untarnished service to the company for over 30 years and above to Alexander Canengneng, Alberto Agas, Richard Fidello, Albert Ballocanag, Ferdinand Madayag, Alan Gatchalian, Allen Gatchalian,Reynaldo Castillo, Roldan Zamuco
Several activities followed like the Women’s Forum held together with the DIWATA Women in Natural Resources Development group spearheaded by former Ambassador and Foreign Affairs Secretary Delia Albert, medical missions in the host barangays, and a poster-making contest for both elementary and high school students. Philex also saw active participation in the year’s Mining Philippines 2016 conference at the Marriott Grand Ballroom, Resorts World, Pasay City, and at the 63rd Annual National Mine Safety and Environment Conference at Camp John Hay, Baguio City.
With Philex Petroleum Corp. director Benjamin Austria, former Ambassador & Secretary of Foreign Affairs Delia Albert and Philex VP for Exploration Redempta Baluda
Philex Finance Division Manager Luman Navarro, Silangan Mining President Yulo Perez, Philex SVP and Resident Manager Manny Agcaoili and Philex Supply Chain Manager Bernard Baluda
The celebration culminated in a series of events at two fronts: for Padcal, with an anniversary luncheon, blessing and inauguration of the Anniversary Park, and Salayaw (a telling of the company’s history in decades through dance) program; for the Corporate Head Office in Mandaluyong, with a formal dinner held at the Isabela ballroom of the Shangrila Makati.
Philippine Mine Safety and Environment Association (PMSEA) President Loui Sarmiento; Philex Padcal Legal Division Head Atty. Ed Aratas, Philex former president Ernie Villaluna, Jr. Philex Padcal Resident Manager and SVP Manny Agcaoili, Philex President and CEO Engr. Euls Austin, Jr.,Philex Padcal Mine’s Legal Manager Lionel Wanawan, Tuba, Benguet Mayor Naz Rivera, former Philex Padcal Mine Resident Manager/VP Libby Ricafort, former Philex Chairman and CEO Dr. Walter Brown
With Nickel Asia President Gerry Brimo, Philex President Engr. Euls Austin Jr. and Philex VP for Legal Atty. Joan De Venecia
In spite of the many challenges it has faced through the years—the rise and fall of metal prices, the high and low of ore grade and production, coupled with the highly stringent yet seemingly indifferent regulatory environment—Philex has soldiered on through the resilience, dedication, and loyalty of its officers and employees led by its President Euls Austin and Chairman MVP.
Philex Community Relations VP Victor Francisco during the Tree Planting Activity in Padcal at the TSF3
Philex Rescue Team recognized for search and rescue operations in times of disaster all over the country. Philex SVP and Resident Manager Manuel Agcaoili (4th from Left) and President and CEO Euls Austin Jr (8th from left) with Philex Rescue Team members: Roosevelt Rosalin, Abel Wandagan, Warner Asan, Norlie Cabacungan, Jonathan Ay-Yato, Hilario Villanueva, Renato Joaquin, Alex Cardinez, Danny Dammit, Wilmer Balawan,Reyes Asan,Drake Ambucay
Here’s to many more years for Philex, as it continues to live the tradition of responsible mining in the country.
Philex Mining Corporation, one of the largest gold and copper producers in Southeast Asia, is celebrating its sixtieth year as a publicly-listed corporation (PLC). Though the company was incorporated in 1955, it was only on November 23, 1956 that it was listed with the Philippine Stock Exchange. 
