Lepanto Consolidated Mining Company is a company that primarily engages in the exploration and mining of gold, silver, copper, and their related by-products. The company was incorporated and registered with the Securities and Exchange Commission in 1936 and holds a Corporate Office at Paseo De Roxas, Makati City and operates a mine site in Mankayan, Benguet.
The company is a major gold producer in the Philippines. Lepanto continues to produce gold from its Victoria and Teresa operations located in Mankayan, Benguet. The Victoria Project has produced over 1.55 million oz. gold and 2.79 million oz. silver from 1997-2023.
The company also has development projects in its portfolio. Lepanto has another mining company with resources in Mankayan, Benguet. Incorporated in 1989, FSGRI is not yet in operation. Lepanto, its subsidiary Far Southeast Gold Resources, Inc., and the Gold Fields group have agreed to terminate the Option and Shareholders’ Agreement dated 20 September 2010 in respect of the Far Southeast Project. The exploration program sole-funded by Gold Fields has resulted in an inferred mineral resource of 19.8 million oz. gold and 4.6 million tons copper.
Lepanto has three wholly-owned subsidiaries, namely: Diamond Drilling Corporation of the Philippines, Lepanto Investment and Development Corporation and Shipside, Incorporated. The company maintains a strong workforce and has made recent developments in its organizational structure. Lepanto announced the election of Engr. James P. Almaas as a member of Lepanto’s Board of Directors during the annual stockholders’ meeting on June 10, 2024.
Net Income of Lepanto Consolidated Mining Company as of the end of May 2025 reached P659 million, compared with P16 million for the same period last year. The company maintains environmental responsibility through certification programs and continues to focus on operational excellence and sustainable mining practices.
Lepanto Consolidated Mining Company and its subsidiary Far Southeast Gold Resources, Inc. (FSGRI) have signed an important agreement with the indigenous peoples (IPs) living in
