Latest Breaking News On - மெட்ரோ பெஸிஃபிக் முதலீடுகள் - Page 8 : comparemela.com

BusinessWorld April 30, 2021 | 6:34 pm http://www.philexmining.com.ph/ Philex Mining Corp. reported a more than fivefold increase in profit in the first quarter, fueled by higher gold and copper prices in the global market. The listed miner told the stock exchange its net income attributable to equity holders of the parent company surged to P559.57 million in the January to March period, from P102.3 million during the same period in 2020. Core net income increased over five times to P540 million, as revenues rose 38% to P2.37 billion. Philex Mining said realized gold prices hit $1,781 per ounce in the first quarter, up 11% from year ago levels. Realized copper prices stood at $3.95 per pound in the first quarter this year, 68% higher than a year ago.

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