October 20, 2014, 4:08 pm
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1 Philippine Peso = 0.08192 UAE Dirham
1 Philippine Peso = 2.43867 Albanian Lek
1 Philippine Peso = 0.03992 Neth Antilles Guilder
1 Philippine Peso = 0.18898 Argentine Peso
1 Philippine Peso = 0.02551 Australian Dollar
1 Philippine Peso = 0.03992 Aruba Florin
1 Philippine Peso = 0.0446 Barbados Dollar
1 Philippine Peso = 1.72391 Bangladesh Taka
1 Philippine Peso = 0.03408 Bulgarian Lev
1 Philippine Peso = 0.00841 Bahraini Dinar
1 Philippine Peso = 34.77921 Burundi Franc
1 Philippine Peso = 0.0223 Bermuda Dollar
1 Philippine Peso = 0.02844 Brunei Dollar
1 Philippine Peso = 0.1541 Bolivian Boliviano
1 Philippine Peso = 0.05433 Brazilian Real
1 Philippine Peso = 0.0223 Bahamian Dollar
1 Philippine Peso = 1.37043 Bhutan Ngultrum
1 Philippine Peso = 0.20441 Botswana Pula
1 Philippine Peso = 238.06869 Belarus Ruble
1 Philippine Peso = 0.04449 Belize Dollar
1 Philippine Peso = 0.02515 Canadian Dollar
1 Philippine Peso = 0.0211 Swiss Franc
1 Philippine Peso = 13.07872 Chilean Peso
1 Philippine Peso = 0.13658 Chinese Yuan
1 Philippine Peso = 46.03256 Colombian Peso
1 Philippine Peso = 12.07404 Costa Rica Colon
1 Philippine Peso = 0.0223 Cuban Peso
1 Philippine Peso = 1.90812 Cape Verde Escudo
1 Philippine Peso = 0.48064 Czech Koruna
1 Philippine Peso = 3.97012 Djibouti Franc
1 Philippine Peso = 0.13016 Danish Krone
1 Philippine Peso = 0.97792 Dominican Peso
1 Philippine Peso = 1.85928 Algerian Dinar
1 Philippine Peso = 0.27347 Estonian Kroon
1 Philippine Peso = 0.15951 Egyptian Pound
1 Philippine Peso = 0.44674 Ethiopian Birr
1 Philippine Peso = 0.01748 Euro
1 Philippine Peso = 0.04335 Fiji Dollar
1 Philippine Peso = 0.01386 Falkland Islands Pound
1 Philippine Peso = 0.01386 British Pound
1 Philippine Peso = 0.07162 Ghanaian Cedi
1 Philippine Peso = 0.88314 Gambian Dalasi
1 Philippine Peso = 156.77966 Guinea Franc
1 Philippine Peso = 0.17017 Guatemala Quetzal
1 Philippine Peso = 4.64875 Guyana Dollar
1 Philippine Peso = 0.17301 Hong Kong Dollar
1 Philippine Peso = 0.47532 Honduras Lempira
1 Philippine Peso = 0.13397 Croatian Kuna
1 Philippine Peso = 1.0185 Haiti Gourde
1 Philippine Peso = 5.34211 Hungarian Forint
1 Philippine Peso = 269.95986 Indonesian Rupiah
1 Philippine Peso = 0.08316 Israeli Shekel
1 Philippine Peso = 1.37065 Indian Rupee
1 Philippine Peso = 25.98171 Iraqi Dinar
1 Philippine Peso = 595.6066 Iran Rial
1 Philippine Peso = 2.66815 Iceland Krona
1 Philippine Peso = 2.50558 Jamaican Dollar
1 Philippine Peso = 0.01582 Jordanian Dinar
1 Philippine Peso = 2.38437 Japanese Yen
1 Philippine Peso = 1.98773 Kenyan Shilling
1 Philippine Peso = 1.22986 Kyrgyzstan Som
1 Philippine Peso = 90.87868 Cambodia Riel
1 Philippine Peso = 8.59812 Comoros Franc
1 Philippine Peso = 20.07136 North Korean Won
1 Philippine Peso = 23.7132 Korean Won
1 Philippine Peso = 0.00644 Kuwaiti Dinar
1 Philippine Peso = 0.01829 Cayman Islands Dollar
1 Philippine Peso = 4.04884 Kazakhstan Tenge
1 Philippine Peso = 179.54504 Lao Kip
1 Philippine Peso = 33.74219 Lebanese Pound
1 Philippine Peso = 2.91369 Sri Lanka Rupee
1 Philippine Peso = 1.88448 Liberian Dollar
1 Philippine Peso = 0.24744 Lesotho Loti
1 Philippine Peso = 0.06033 Lithuanian Lita
1 Philippine Peso = 0.01136 Latvian Lat
1 Philippine Peso = 0.02703 Libyan Dinar
1 Philippine Peso = 0.1937 Moroccan Dirham
1 Philippine Peso = 0.32281 Moldovan Leu
1 Philippine Peso = 1.07493 Macedonian Denar
1 Philippine Peso = 22.21231 Myanmar Kyat
1 Philippine Peso = 41.17975 Mongolian Tugrik
1 Philippine Peso = 0.1782 Macau Pataca
1 Philippine Peso = 6.48863 Mauritania Ougulya
1 Philippine Peso = 0.70384 Mauritius Rupee
1 Philippine Peso = 0.34277 Maldives Rufiyaa
1 Philippine Peso = 9.68555 Malawi Kwacha
1 Philippine Peso = 0.30135 Mexican Peso
1 Philippine Peso = 0.07302 Malaysian Ringgit
1 Philippine Peso = 0.24746 Namibian Dollar
1 Philippine Peso = 3.68644 Nigerian Naira
1 Philippine Peso = 0.5911 Nicaragua Cordoba
1 Philippine Peso = 0.14594 Norwegian Krone
1 Philippine Peso = 2.2074 Nepalese Rupee
1 Philippine Peso = 0.02815 New Zealand Dollar
1 Philippine Peso = 0.00859 Omani Rial
1 Philippine Peso = 0.0223 Panama Balboa
1 Philippine Peso = 0.06479 Peruvian Nuevo Sol
1 Philippine Peso = 0.0562 Papua New Guinea Kina
1 Philippine Peso = 1 Philippine Peso
1 Philippine Peso = 2.29349 Pakistani Rupee
1 Philippine Peso = 0.07372 Polish Zloty
1 Philippine Peso = 102.28791 Paraguayan Guarani
1 Philippine Peso = 0.08121 Qatar Rial
1 Philippine Peso = 0.07717 Romanian New Leu
1 Philippine Peso = 0.90786 Russian Rouble
1 Philippine Peso = 15.34344 Rwanda Franc
1 Philippine Peso = 0.08366 Saudi Arabian Riyal
1 Philippine Peso = 0.16532 Solomon Islands Dollar
1 Philippine Peso = 0.30538 Seychelles Rupee
1 Philippine Peso = 0.12692 Sudanese Pound
1 Philippine Peso = 0.1602 Swedish Krona
1 Philippine Peso = 0.02844 Singapore Dollar
1 Philippine Peso = 0.01386 St Helena Pound
1 Philippine Peso = 0.49523 Slovak Koruna
1 Philippine Peso = 97.17886 Sierra Leone Leone
1 Philippine Peso = 17.44648 Somali Shilling
1 Philippine Peso = 426.96253 Sao Tome Dobra
1 Philippine Peso = 0.19507 El Salvador Colon
1 Philippine Peso = 3.61954 Syrian Pound
1 Philippine Peso = 0.24764 Swaziland Lilageni
1 Philippine Peso = 0.72268 Thai Baht
1 Philippine Peso = 0.03997 Tunisian Dinar
1 Philippine Peso = 0.04343 Tonga Pa'ang
1 Philippine Peso = 0.05013 Turkish Lira
1 Philippine Peso = 0.14167 Trinidad Tobago Dollar
1 Philippine Peso = 0.6779 Taiwan Dollar
1 Philippine Peso = 37.72302 Tanzanian Shilling
1 Philippine Peso = 0.28893 Ukraine Hryvnia
1 Philippine Peso = 59.65656 Ugandan Shilling
1 Philippine Peso = 0.0223 United States Dollar
1 Philippine Peso = 0.5475 Uruguayan New Peso
1 Philippine Peso = 52.97859 Uzbekistan Sum
1 Philippine Peso = 0.1405 Venezuelan Bolivar
1 Philippine Peso = 473.12667 Vietnam Dong
1 Philippine Peso = 2.17663 Vanuatu Vatu
1 Philippine Peso = 0.05366 Samoa Tala
1 Philippine Peso = 11.46415 CFA Franc (BEAC)
1 Philippine Peso = 0.06021 East Caribbean Dollar
1 Philippine Peso = 11.46855 CFA Franc (BCEAO)
1 Philippine Peso = 2.08675 Pacific Franc
1 Philippine Peso = 4.7965 Yemen Riyal
1 Philippine Peso = 0.24711 South African Rand
1 Philippine Peso = 115.73372 Zambian Kwacha
1 Philippine Peso = 8.07092 Zimbabwe dollar

Philex sets P14B stock rights offer

Philex Mining Corp. yesterday said it is pushing through with its P13.81 billion stock rights offering. The money will be used to repay loans  and fund its capital expenditures.
 
Philex said the Securities and Exchange Commission (SEC) has already served notice of the filing of Philex’s registration statement which will pave the way for the rights offering to shareholders of record as of October 16, 2013.
 
The firm had to shelve the rights offering since operations at its Padcal mine was still suspended due to a tailings dam spill.
 
The registration statement was filed last March when government regulators allowed it to temporarily resume operations so it can shore up its tailings dam. The temporary lifting has been extended after its July deadline.
 
The net proceeds from the stock offer will be used by the company for the repayment of loans from the First Pacific Group, capital expenditures and exploration costs related to existing projects, primarily the Silangan project and the Kalayaan project, and general corporate purposes.
 
Philex Mining borrowed P2.1 billion from majority shareholder First Pacific Co. Limited last November to repair the Padcal tailings dam and to finance the Silangan project.
 
Philex Mining earlier said it was on-track to start production in its Silangan Project by 2017.
 
 The project covers the Boyongan and Bayugo deposits, which are currently under prefeasibility study.
 
The Silangan project aims to produce 35,000 to 60,000 tons per day the firm’s other Greenfield projects are seen to produce about another 15,000 tons per day once they start operations.1
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