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Philex Mining Corp. reported a 14.75% increase in net income to P929.69 million for 2025, driven by higher gold and copper prices. Revenues increased 8.21% to P8.85 billion. In Q4 2025, gold prices reached $4,338 per ounce, and copper peaked at $5.24 per pound.

Gold production fell 20.66% to 24,358 ounces, and copper production declined 8.21% to 18.16 million pounds. The Silangan Project in Surigao del Norte is nearing its first metal pour target by the end of Q1 2026. Operational challenges at the Padcal Mine may affect performance, with measures in place to stabilize production.