BRIEF-Philippines’ Philex says Silangan copper-gold project to begin commercial operations by early 2025

Dec 21 (Reuters) –

• PHILIPPINES’ PHILEX MINING SAYS COMMERCIAL OPERATIONS OF SILANGAN COPPER-GOLD PROJECT ESTIMATED TO START BY FIRST QUARTER OF 2025

• PHILIPPINES’ PHILEX MINING SAYS SILANGAN COPPER-GOLD PROJECT TO HAVE INITIAL PRODUCTION RATE OF 2,000 TONNES/DAY, REQUIRING INITIAL CAPITAL COST OF $224 MILLION

• PHILIPPINES’ PHILEX MINING SAYS SILANGAN TO HAVE MINE LIFE OF 28 YEARS

Further company coverage: PX.PS

(Reporting By Enrico Dela Cruz)

((enrico.delacruz@thomsonreuters.com))