November 23, 2014, 4:16 pm
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1 Philippine Peso = 0.08175 UAE Dirham
1 Philippine Peso = 2.52025 Albanian Lek
1 Philippine Peso = 0.03984 Neth Antilles Guilder
1 Philippine Peso = 0.18954 Argentine Peso
1 Philippine Peso = 0.02567 Australian Dollar
1 Philippine Peso = 0.03984 Aruba Florin
1 Philippine Peso = 0.04451 Barbados Dollar
1 Philippine Peso = 1.72068 Bangladesh Taka
1 Philippine Peso = 0.03515 Bulgarian Lev
1 Philippine Peso = 0.00839 Bahraini Dinar
1 Philippine Peso = 34.70955 Burundi Franc
1 Philippine Peso = 0.02226 Bermuda Dollar
1 Philippine Peso = 0.02893 Brunei Dollar
1 Philippine Peso = 0.15379 Bolivian Boliviano
1 Philippine Peso = 0.05605 Brazilian Real
1 Philippine Peso = 0.02226 Bahamian Dollar
1 Philippine Peso = 1.37547 Bhutan Ngultrum
1 Philippine Peso = 0.20419 Botswana Pula
1 Philippine Peso = 242.04318 Belarus Ruble
1 Philippine Peso = 0.0444 Belize Dollar
1 Philippine Peso = 0.025 Canadian Dollar
1 Philippine Peso = 0.02158 Swiss Franc
1 Philippine Peso = 13.22368 Chilean Peso
1 Philippine Peso = 0.13638 Chinese Yuan
1 Philippine Peso = 47.72535 Colombian Peso
1 Philippine Peso = 11.95282 Costa Rica Colon
1 Philippine Peso = 0.02226 Cuban Peso
1 Philippine Peso = 1.9566 Cape Verde Escudo
1 Philippine Peso = 0.49704 Czech Koruna
1 Philippine Peso = 4.02203 Djibouti Franc
1 Philippine Peso = 0.13365 Danish Krone
1 Philippine Peso = 0.98142 Dominican Peso
1 Philippine Peso = 1.90345 Algerian Dinar
1 Philippine Peso = 0.28107 Estonian Kroon
1 Philippine Peso = 0.15928 Egyptian Pound
1 Philippine Peso = 0.4475 Ethiopian Birr
1 Philippine Peso = 0.01796 Euro
1 Philippine Peso = 0.04365 Fiji Dollar
1 Philippine Peso = 0.01421 Falkland Islands Pound
1 Philippine Peso = 0.01422 British Pound
1 Philippine Peso = 0.07103 Ghanaian Cedi
1 Philippine Peso = 0.95927 Gambian Dalasi
1 Philippine Peso = 156.46561 Guinea Franc
1 Philippine Peso = 0.16959 Guatemala Quetzal
1 Philippine Peso = 4.63944 Guyana Dollar
1 Philippine Peso = 0.17267 Hong Kong Dollar
1 Philippine Peso = 0.47229 Honduras Lempira
1 Philippine Peso = 0.13781 Croatian Kuna
1 Philippine Peso = 1.0309 Haiti Gourde
1 Philippine Peso = 5.46517 Hungarian Forint
1 Philippine Peso = 270.53194 Indonesian Rupiah
1 Philippine Peso = 0.0859 Israeli Shekel
1 Philippine Peso = 1.37302 Indian Rupee
1 Philippine Peso = 25.8669 Iraqi Dinar
1 Philippine Peso = 596.79501 Iran Rial
1 Philippine Peso = 2.74828 Iceland Krona
1 Philippine Peso = 2.51614 Jamaican Dollar
1 Philippine Peso = 0.01573 Jordanian Dinar
1 Philippine Peso = 2.62141 Japanese Yen
1 Philippine Peso = 2.00712 Kenyan Shilling
1 Philippine Peso = 1.28125 Kyrgyzstan Som
1 Philippine Peso = 90.36279 Cambodia Riel
1 Philippine Peso = 8.83749 Comoros Franc
1 Philippine Peso = 20.03116 North Korean Won
1 Philippine Peso = 24.74204 Korean Won
1 Philippine Peso = 0.00648 Kuwaiti Dinar
1 Philippine Peso = 0.01825 Cayman Islands Dollar
1 Philippine Peso = 4.02771 Kazakhstan Tenge
1 Philippine Peso = 179.22991 Lao Kip
1 Philippine Peso = 33.6746 Lebanese Pound
1 Philippine Peso = 2.91732 Sri Lanka Rupee
1 Philippine Peso = 1.85845 Liberian Dollar
1 Philippine Peso = 0.24382 Lesotho Loti
1 Philippine Peso = 0.06198 Lithuanian Lita
1 Philippine Peso = 0.01134 Latvian Lat
1 Philippine Peso = 0.02675 Libyan Dinar
1 Philippine Peso = 0.19782 Moroccan Dirham
1 Philippine Peso = 0.33574 Moldovan Leu
1 Philippine Peso = 1.10516 Macedonian Denar
1 Philippine Peso = 23.48097 Myanmar Kyat
1 Philippine Peso = 41.76497 Mongolian Tugrik
1 Philippine Peso = 0.17785 Macau Pataca
1 Philippine Peso = 6.48231 Mauritania Ougulya
1 Philippine Peso = 0.70465 Mauritius Rupee
1 Philippine Peso = 0.34209 Maldives Rufiyaa
1 Philippine Peso = 10.86134 Malawi Kwacha
1 Philippine Peso = 0.3031 Mexican Peso
1 Philippine Peso = 0.07468 Malaysian Ringgit
1 Philippine Peso = 0.24358 Namibian Dollar
1 Philippine Peso = 3.94057 Nigerian Naira
1 Philippine Peso = 0.59259 Nicaragua Cordoba
1 Philippine Peso = 0.15144 Norwegian Krone
1 Philippine Peso = 2.21322 Nepalese Rupee
1 Philippine Peso = 0.02824 New Zealand Dollar
1 Philippine Peso = 0.00857 Omani Rial
1 Philippine Peso = 0.02226 Panama Balboa
1 Philippine Peso = 0.06501 Peruvian Nuevo Sol
1 Philippine Peso = 0.05665 Papua New Guinea Kina
1 Philippine Peso = 1 Philippine Peso
1 Philippine Peso = 2.2613 Pakistani Rupee
1 Philippine Peso = 0.07545 Polish Zloty
1 Philippine Peso = 103.64567 Paraguayan Guarani
1 Philippine Peso = 0.08105 Qatar Rial
1 Philippine Peso = 0.07973 Romanian New Leu
1 Philippine Peso = 1.01873 Russian Rouble
1 Philippine Peso = 15.31271 Rwanda Franc
1 Philippine Peso = 0.08351 Saudi Arabian Riyal
1 Philippine Peso = 0.16628 Solomon Islands Dollar
1 Philippine Peso = 0.3147 Seychelles Rupee
1 Philippine Peso = 0.12678 Sudanese Pound
1 Philippine Peso = 0.16618 Swedish Krona
1 Philippine Peso = 0.02892 Singapore Dollar
1 Philippine Peso = 0.01421 St Helena Pound
1 Philippine Peso = 0.49424 Slovak Koruna
1 Philippine Peso = 97.59626 Sierra Leone Leone
1 Philippine Peso = 17.13777 Somali Shilling
1 Philippine Peso = 439.90652 Sao Tome Dobra
1 Philippine Peso = 0.19467 El Salvador Colon
1 Philippine Peso = 3.79702 Syrian Pound
1 Philippine Peso = 0.24371 Swaziland Lilageni
1 Philippine Peso = 0.72958 Thai Baht
1 Philippine Peso = 0.04097 Tunisian Dinar
1 Philippine Peso = 0.04434 Tonga Pa'ang
1 Philippine Peso = 0.04945 Turkish Lira
1 Philippine Peso = 0.14102 Trinidad Tobago Dollar
1 Philippine Peso = 0.68765 Taiwan Dollar
1 Philippine Peso = 38.47095 Tanzanian Shilling
1 Philippine Peso = 0.3361 Ukraine Hryvnia
1 Philippine Peso = 61.20632 Ugandan Shilling
1 Philippine Peso = 0.02226 United States Dollar
1 Philippine Peso = 0.53194 Uruguayan New Peso
1 Philippine Peso = 53.34498 Uzbekistan Sum
1 Philippine Peso = 0.1401 Venezuelan Bolivar
1 Philippine Peso = 475.05008 Vietnam Dong
1 Philippine Peso = 2.2012 Vanuatu Vatu
1 Philippine Peso = 0.05419 Samoa Tala
1 Philippine Peso = 11.78332 CFA Franc (BEAC)
1 Philippine Peso = 0.06009 East Caribbean Dollar
1 Philippine Peso = 11.76942 CFA Franc (BCEAO)
1 Philippine Peso = 2.13065 Pacific Franc
1 Philippine Peso = 4.78333 Yemen Riyal
1 Philippine Peso = 0.24374 South African Rand
1 Philippine Peso = 115.50189 Zambian Kwacha
1 Philippine Peso = 8.05475 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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