Pangilinan-led Philex Mining Corp. expects to begin commercial operations of its Silangan project by the third quarter, barring any further delays in the completion of the processing plant, according to a report by Philstar Biz.
The Silangan copper-gold project, located in Surigao del Norte, is a key growth driver for the mining firm. Philex has invested billions of pesos into the project, which is expected to extend the company's mine life and boost production.
The company previously targeted earlier start dates but faced construction setbacks. Philex officials remain optimistic that the plant will be finished in time to meet the revised Q3 2026 timeline.