Catholic Church in the Mining Industry

Did you know that the Roman Catholic Church has huge investment in Mining?

  • As of March 31, 2011, the Roman Catholic Archdiocese of Manila is the 15th top shareholder of Philex Mining Corporation (PX), the country’s largest mining firm. It owns 3.2 million shares of PX currently worth more than P66 million.
  • RCAM is also an investor in Concrete Aggregates Corp. (CA), a supplier of construction materials such as processed aggregates, ready mix concrete and crushed sand. Its investment in CA is currently valued at around P4.5 million.
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