September 4, 2015, 3:10 am
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1 Philippine Peso = 0.07869 UAE Dirham
1 Philippine Peso = 2.66722 Albanian Lek
1 Philippine Peso = 0.03835 Neth Antilles Guilder
1 Philippine Peso = 0.1992 Argentine Peso
1 Philippine Peso = 0.03003 Australian Dollar
1 Philippine Peso = 0.03835 Aruba Florin
1 Philippine Peso = 0.04285 Barbados Dollar
1 Philippine Peso = 1.66384 Bangladesh Taka
1 Philippine Peso = 0.03718 Bulgarian Lev
1 Philippine Peso = 0.00809 Bahraini Dinar
1 Philippine Peso = 33.0552 Burundi Franc
1 Philippine Peso = 0.02142 Bermuda Dollar
1 Philippine Peso = 0.03018 Brunei Dollar
1 Philippine Peso = 0.14803 Bolivian Boliviano
1 Philippine Peso = 0.07758 Brazilian Real
1 Philippine Peso = 0.02142 Bahamian Dollar
1 Philippine Peso = 1.42407 Bhutan Ngultrum
1 Philippine Peso = 0.22123 Botswana Pula
1 Philippine Peso = 373.87933 Belarus Ruble
1 Philippine Peso = 0.04274 Belize Dollar
1 Philippine Peso = 0.02815 Canadian Dollar
1 Philippine Peso = 0.0206 Swiss Franc
1 Philippine Peso = 14.83938 Chilean Peso
1 Philippine Peso = 0.13644 Chinese Yuan
1 Philippine Peso = 65.43772 Colombian Peso
1 Philippine Peso = 11.43971 Costa Rica Colon
1 Philippine Peso = 0.02142 Cuban Peso
1 Philippine Peso = 2.10467 Cape Verde Escudo
1 Philippine Peso = 0.51401 Czech Koruna
1 Philippine Peso = 3.80831 Djibouti Franc
1 Philippine Peso = 0.14188 Danish Krone
1 Philippine Peso = 0.96156 Dominican Peso
1 Philippine Peso = 2.27027 Algerian Dinar
1 Philippine Peso = 0.29742 Estonian Kroon
1 Philippine Peso = 0.16773 Egyptian Pound
1 Philippine Peso = 0.44648 Ethiopian Birr
1 Philippine Peso = 0.01901 Euro
1 Philippine Peso = 0.04645 Fiji Dollar
1 Philippine Peso = 0.01389 Falkland Islands Pound
1 Philippine Peso = 0.01391 British Pound
1 Philippine Peso = 0.08355 Ghanaian Cedi
1 Philippine Peso = 0.85112 Gambian Dalasi
1 Philippine Peso = 155.10342 Guinea Franc
1 Philippine Peso = 0.16456 Guatemala Quetzal
1 Philippine Peso = 4.43899 Guyana Dollar
1 Philippine Peso = 0.16603 Hong Kong Dollar
1 Philippine Peso = 0.47106 Honduras Lempira
1 Philippine Peso = 0.14359 Croatian Kuna
1 Philippine Peso = 1.10366 Haiti Gourde
1 Philippine Peso = 5.969 Hungarian Forint
1 Philippine Peso = 301.14933 Indonesian Rupiah
1 Philippine Peso = 0.08407 Israeli Shekel
1 Philippine Peso = 1.42236 Indian Rupee
1 Philippine Peso = 24.51933 Iraqi Dinar
1 Philippine Peso = 641.78065 Iran Rial
1 Philippine Peso = 2.75624 Iceland Krona
1 Philippine Peso = 2.51984 Jamaican Dollar
1 Philippine Peso = 0.01518 Jordanian Dinar
1 Philippine Peso = 2.58751 Japanese Yen
1 Philippine Peso = 2.22441 Kenyan Shilling
1 Philippine Peso = 1.4138 Kyrgyzstan Som
1 Philippine Peso = 87.74515 Cambodia Riel
1 Philippine Peso = 9.3512 Comoros Franc
1 Philippine Peso = 19.28041 North Korean Won
1 Philippine Peso = 25.18022 Korean Won
1 Philippine Peso = 0.00647 Kuwaiti Dinar
1 Philippine Peso = 0.01757 Cayman Islands Dollar
1 Philippine Peso = 5.12409 Kazakhstan Tenge
1 Philippine Peso = 174.83156 Lao Kip
1 Philippine Peso = 32.27327 Lebanese Pound
1 Philippine Peso = 2.87824 Sri Lanka Rupee
1 Philippine Peso = 1.81364 Liberian Dollar
1 Philippine Peso = 0.28452 Lesotho Loti
1 Philippine Peso = 0.06531 Lithuanian Lita
1 Philippine Peso = 0.01329 Latvian Lat
1 Philippine Peso = 0.02922 Libyan Dinar
1 Philippine Peso = 0.20736 Moroccan Dirham
1 Philippine Peso = 0.4081 Moldovan Leu
1 Philippine Peso = 1.17321 Macedonian Denar
1 Philippine Peso = 27.32998 Myanmar Kyat
1 Philippine Peso = 42.62042 Mongolian Tugrik
1 Philippine Peso = 0.17101 Macau Pataca
1 Philippine Peso = 6.76957 Mauritania Ougulya
1 Philippine Peso = 0.75301 Mauritius Rupee
1 Philippine Peso = 0.32862 Maldives Rufiyaa
1 Philippine Peso = 11.91862 Malawi Kwacha
1 Philippine Peso = 0.35936 Mexican Peso
1 Philippine Peso = 0.08981 Malaysian Ringgit
1 Philippine Peso = 0.28452 Namibian Dollar
1 Philippine Peso = 4.26847 Nigerian Naira
1 Philippine Peso = 0.5887 Nicaragua Cordoba
1 Philippine Peso = 0.177 Norwegian Krone
1 Philippine Peso = 2.27852 Nepalese Rupee
1 Philippine Peso = 0.03357 New Zealand Dollar
1 Philippine Peso = 0.00825 Omani Rial
1 Philippine Peso = 0.02142 Panama Balboa
1 Philippine Peso = 0.06934 Peruvian Nuevo Sol
1 Philippine Peso = 0.06012 Papua New Guinea Kina
1 Philippine Peso = 1 Philippine Peso
1 Philippine Peso = 2.23064 Pakistani Rupee
1 Philippine Peso = 0.0805 Polish Zloty
1 Philippine Peso = 115.22553 Paraguayan Guarani
1 Philippine Peso = 0.07799 Qatar Rial
1 Philippine Peso = 0.08423 Romanian New Leu
1 Philippine Peso = 1.3838 Russian Rouble
1 Philippine Peso = 15.63427 Rwanda Franc
1 Philippine Peso = 0.08035 Saudi Arabian Riyal
1 Philippine Peso = 0.17071 Solomon Islands Dollar
1 Philippine Peso = 0.27213 Seychelles Rupee
1 Philippine Peso = 0.13019 Sudanese Pound
1 Philippine Peso = 0.18099 Swedish Krona
1 Philippine Peso = 0.03016 Singapore Dollar
1 Philippine Peso = 0.01389 St Helena Pound
1 Philippine Peso = 0.47571 Slovak Koruna
1 Philippine Peso = 99.55119 Sierra Leone Leone
1 Philippine Peso = 14.08648 Somali Shilling
1 Philippine Peso = 467.56071 Sao Tome Dobra
1 Philippine Peso = 0.18713 El Salvador Colon
1 Philippine Peso = 4.04507 Syrian Pound
1 Philippine Peso = 0.28452 Swaziland Lilageni
1 Philippine Peso = 0.76513 Thai Baht
1 Philippine Peso = 0.04169 Tunisian Dinar
1 Philippine Peso = 0.04556 Tonga Pa'ang
1 Philippine Peso = 0.0624 Turkish Lira
1 Philippine Peso = 0.1359 Trinidad Tobago Dollar
1 Philippine Peso = 0.69572 Taiwan Dollar
1 Philippine Peso = 45.78027 Tanzanian Shilling
1 Philippine Peso = 0.47665 Ukraine Hryvnia
1 Philippine Peso = 78.47128 Ugandan Shilling
1 Philippine Peso = 0.02142 United States Dollar
1 Philippine Peso = 0.61044 Uruguayan New Peso
1 Philippine Peso = 55.60299 Uzbekistan Sum
1 Philippine Peso = 0.13603 Venezuelan Bolivar
1 Philippine Peso = 481.82821 Vietnam Dong
1 Philippine Peso = 2.39741 Vanuatu Vatu
1 Philippine Peso = 0.05613 Samoa Tala
1 Philippine Peso = 12.46826 CFA Franc (BEAC)
1 Philippine Peso = 0.05784 East Caribbean Dollar
1 Philippine Peso = 12.46826 CFA Franc (BCEAO)
1 Philippine Peso = 2.26823 Pacific Franc
1 Philippine Peso = 4.60352 Yemen Riyal
1 Philippine Peso = 0.2842 South African Rand
1 Philippine Peso = 111.173 Zambian Kwacha
1 Philippine Peso = 7.75287 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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