February 8, 2016, 10:06 pm
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1 Philippine Peso = 0.07686 UAE Dirham
1 Philippine Peso = 2.59473 Albanian Lek
1 Philippine Peso = 0.03746 Neth Antilles Guilder
1 Philippine Peso = 0.30051 Argentine Peso
1 Philippine Peso = 0.02962 Australian Dollar
1 Philippine Peso = 0.03746 Aruba Florin
1 Philippine Peso = 0.04185 Barbados Dollar
1 Philippine Peso = 1.64507 Bangladesh Taka
1 Philippine Peso = 0.03674 Bulgarian Lev
1 Philippine Peso = 0.00789 Bahraini Dinar
1 Philippine Peso = 32.74812 Burundi Franc
1 Philippine Peso = 0.02092 Bermuda Dollar
1 Philippine Peso = 0.02946 Brunei Dollar
1 Philippine Peso = 0.14459 Bolivian Boliviano
1 Philippine Peso = 0.08169 Brazilian Real
1 Philippine Peso = 0.02093 Bahamian Dollar
1 Philippine Peso = 1.41643 Bhutan Ngultrum
1 Philippine Peso = 0.2366 Botswana Pula
1 Philippine Peso = 452.19611 Belarus Ruble
1 Philippine Peso = 0.04175 Belize Dollar
1 Philippine Peso = 0.02912 Canadian Dollar
1 Philippine Peso = 0.02073 Swiss Franc
1 Philippine Peso = 14.75559 Chilean Peso
1 Philippine Peso = 0.1376 Chinese Yuan
1 Philippine Peso = 69.74911 Colombian Peso
1 Philippine Peso = 11.2415 Costa Rica Colon
1 Philippine Peso = 0.02093 Cuban Peso
1 Philippine Peso = 2.07369 Cape Verde Escudo
1 Philippine Peso = 0.50789 Czech Koruna
1 Philippine Peso = 3.71707 Djibouti Franc
1 Philippine Peso = 0.13995 Danish Krone
1 Philippine Peso = 0.9566 Dominican Peso
1 Philippine Peso = 2.2276 Algerian Dinar
1 Philippine Peso = 0.29339 Estonian Kroon
1 Philippine Peso = 0.16387 Egyptian Pound
1 Philippine Peso = 0.44503 Ethiopian Birr
1 Philippine Peso = 0.01875 Euro
1 Philippine Peso = 0.04469 Fiji Dollar
1 Philippine Peso = 0.0138 Falkland Islands Pound
1 Philippine Peso = 0.01443 British Pound
1 Philippine Peso = 0.0836 Ghanaian Cedi
1 Philippine Peso = 0.82864 Gambian Dalasi
1 Philippine Peso = 162.2748 Guinea Franc
1 Philippine Peso = 0.16005 Guatemala Quetzal
1 Philippine Peso = 4.33594 Guyana Dollar
1 Philippine Peso = 0.16304 Hong Kong Dollar
1 Philippine Peso = 0.47245 Honduras Lempira
1 Philippine Peso = 0.14372 Croatian Kuna
1 Philippine Peso = 1.24289 Haiti Gourde
1 Philippine Peso = 5.79882 Hungarian Forint
1 Philippine Peso = 284.8982 Indonesian Rupiah
1 Philippine Peso = 0.08125 Israeli Shekel
1 Philippine Peso = 1.42041 Indian Rupee
1 Philippine Peso = 23.16642 Iraqi Dinar
1 Philippine Peso = 631.54701 Iran Rial
1 Philippine Peso = 2.66986 Iceland Krona
1 Philippine Peso = 2.5327 Jamaican Dollar
1 Philippine Peso = 0.01485 Jordanian Dinar
1 Philippine Peso = 2.4447 Japanese Yen
1 Philippine Peso = 2.13887 Kenyan Shilling
1 Philippine Peso = 1.57676 Kyrgyzstan Som
1 Philippine Peso = 84.53724 Cambodia Riel
1 Philippine Peso = 9.2266 Comoros Franc
1 Philippine Peso = 18.83279 North Korean Won
1 Philippine Peso = 25.24106 Korean Won
1 Philippine Peso = 0.0063 Kuwaiti Dinar
1 Philippine Peso = 0.01716 Cayman Islands Dollar
1 Philippine Peso = 7.64088 Kazakhstan Tenge
1 Philippine Peso = 170.22642 Lao Kip
1 Philippine Peso = 31.55538 Lebanese Pound
1 Philippine Peso = 3.01461 Sri Lanka Rupee
1 Philippine Peso = 1.77154 Liberian Dollar
1 Philippine Peso = 0.33538 Lesotho Loti
1 Philippine Peso = 0.0638 Lithuanian Lita
1 Philippine Peso = 0.01298 Latvian Lat
1 Philippine Peso = 0.02876 Libyan Dinar
1 Philippine Peso = 0.20393 Moroccan Dirham
1 Philippine Peso = 0.4235 Moldovan Leu
1 Philippine Peso = 1.15529 Macedonian Denar
1 Philippine Peso = 26.44018 Myanmar Kyat
1 Philippine Peso = 42.14359 Mongolian Tugrik
1 Philippine Peso = 0.16795 Macau Pataca
1 Philippine Peso = 7.17738 Mauritania Ougulya
1 Philippine Peso = 0.74871 Mauritius Rupee
1 Philippine Peso = 0.3212 Maldives Rufiyaa
1 Philippine Peso = 15.25874 Malawi Kwacha
1 Philippine Peso = 0.38606 Mexican Peso
1 Philippine Peso = 0.08707 Malaysian Ringgit
1 Philippine Peso = 0.33538 Namibian Dollar
1 Philippine Peso = 4.16184 Nigerian Naira
1 Philippine Peso = 0.58722 Nicaragua Cordoba
1 Philippine Peso = 0.17974 Norwegian Krone
1 Philippine Peso = 2.2663 Nepalese Rupee
1 Philippine Peso = 0.03158 New Zealand Dollar
1 Philippine Peso = 0.00807 Omani Rial
1 Philippine Peso = 0.02093 Panama Balboa
1 Philippine Peso = 0.07283 Peruvian Nuevo Sol
1 Philippine Peso = 0.06354 Papua New Guinea Kina
1 Philippine Peso = 1 Philippine Peso
1 Philippine Peso = 2.18094 Pakistani Rupee
1 Philippine Peso = 0.08268 Polish Zloty
1 Philippine Peso = 122.6956 Paraguayan Guarani
1 Philippine Peso = 0.07619 Qatar Rial
1 Philippine Peso = 0.0844 Romanian New Leu
1 Philippine Peso = 1.61145 Russian Rouble
1 Philippine Peso = 15.63121 Rwanda Franc
1 Philippine Peso = 0.07848 Saudi Arabian Riyal
1 Philippine Peso = 0.16986 Solomon Islands Dollar
1 Philippine Peso = 0.2785 Seychelles Rupee
1 Philippine Peso = 0.12781 Sudanese Pound
1 Philippine Peso = 0.17695 Swedish Krona
1 Philippine Peso = 0.02948 Singapore Dollar
1 Philippine Peso = 0.01435 St Helena Pound
1 Philippine Peso = 0.46467 Slovak Koruna
1 Philippine Peso = 85.89843 Sierra Leone Leone
1 Philippine Peso = 12.86802 Somali Shilling
1 Philippine Peso = 465.22212 Sao Tome Dobra
1 Philippine Peso = 0.18262 El Salvador Colon
1 Philippine Peso = 4.601 Syrian Pound
1 Philippine Peso = 0.33538 Swaziland Lilageni
1 Philippine Peso = 0.74479 Thai Baht
1 Philippine Peso = 0.04227 Tunisian Dinar
1 Philippine Peso = 0.04682 Tonga Pa'ang
1 Philippine Peso = 0.06117 Turkish Lira
1 Philippine Peso = 0.13516 Trinidad Tobago Dollar
1 Philippine Peso = 0.69719 Taiwan Dollar
1 Philippine Peso = 45.70717 Tanzanian Shilling
1 Philippine Peso = 0.54144 Ukraine Hryvnia
1 Philippine Peso = 71.56459 Ugandan Shilling
1 Philippine Peso = 0.02093 United States Dollar
1 Philippine Peso = 0.65235 Uruguayan New Peso
1 Philippine Peso = 59.36241 Uzbekistan Sum
1 Philippine Peso = 0.13288 Venezuelan Bolivar
1 Philippine Peso = 466.34163 Vietnam Dong
1 Philippine Peso = 2.37628 Vanuatu Vatu
1 Philippine Peso = 0.05446 Samoa Tala
1 Philippine Peso = 12.30214 CFA Franc (BEAC)
1 Philippine Peso = 0.0565 East Caribbean Dollar
1 Philippine Peso = 12.30214 CFA Franc (BCEAO)
1 Philippine Peso = 2.238 Pacific Franc
1 Philippine Peso = 4.49999 Yemen Riyal
1 Philippine Peso = 0.33543 South African Rand
1 Philippine Peso = 108.59194 Zambian Kwacha
1 Philippine Peso = 7.57287 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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