Philex Mining Plans Nickel Exploration in Pangasinan

Philex Mining Corp., led by CEO Eulalio Austin Jr., is eyeing a new nickel mining venture in Pangasinan, as part of its efforts to expand its operations. The company has filed an application to explore a nickel tenement near its site in Zambales, though the specific location and size of the proposed site in Pangasinan have not been disclosed.

Austin mentioned that the application in Pangasinan had been inactive for some time but is now being revisited. In addition to Pangasinan, Philex is also exploring nickel mining opportunities in Zambales. The firm is conducting a technical evaluation of the Zambales tenement, which is expected to be completed next year.

Philex is also advancing its Silangan copper-gold project in Surigao del Norte, targeting a “soft launch” in 2025, with full operations expected the following year.