Corporate News

LCMC is ISO 14001 Certified

Lepanto Consolidated Mining Company (LCMC) had zero-nonconformity during the ISO 14001:2004 certification audit conducted by TUV Rheinland, Philippines Inc. on March 28-31, 2016. Read more....

SAFETY FIRST: LCMC 1.5 million man-hours without LTA

Lepanto Consolidated Mining Company’s mine underground and surface operations reached 1.5 Million man-hours without lost-time accident (LTA) on July 18, 2016 and they are aiming to attain 2 Million man-hours without LTA by August 28, 2016. Read more....

LEAP: Enabling young people realize their dreams

Lepanto Consolidated Mining Company this year allotted P7.3 million for its Lepanto Educational Assistance Program (LEAP) from the company’s 2016 Social Development and Management Program budget of P25 million. Read more....

Lepanto Medical Mission serves in Benguet and Ilocos Sur

The third biennial Surgical, Medical and Dental Mission of LCMC, held on June 13-16, 2016 catered to over 2,000 residents, from host community Mankayan, Benguet and the neighboring towns of Cervantes, Quirino and Suyo in Ilocos Sur. Read more....

Corporate Social Responsibility

  • Bryan Yap

    "For the last 80 years, we have been a good corporate citizen and a caring partner to the community."

Message from the Chairman and the President

The continued decline in gold and silver prices (the fourth year in a row), coupled with the challenge of efficiently mining the extensions of our Victoria orebody, made 2015 a difficult year. Gold prices averaged $1,145/oz., 10% lower than the previous year, while silver prices averaged $15.45/oz. versus $18.97 the previous year. We produced 21,190 ozs. gold, down from last year's 24,617 ozs., though silver production was slightly better at 49,938 ozs. versus 44,431 ozs. Selective mining based on higher cut-off grades reduced both metal production and operating costs. We ended the year with an operating loss of ₱ 777 million.
Read more....
READ THE 2015 ANNUAL REPORT