Benguet Corporation disclosed that the Exploration Permit of its Bolco Gold Project in Zamboanga Sibugay was approved on Nov. 21, 2023 by the Mines and Geosciences Bureau. ... Benguet Corporation is a Philippines-based mining company. The Company is engaged in gold, nickel and other metallic and nonmetallic mineral production, exploration ...
Traditional small-scale mining and Indigenous values on gold. The song Gatan (above) was composed during the 1990s by Indigenous activists, in the heat of the Itogon people's resistance against Benguet Corporation's destructive open pit mining. It captures Indigenous Peoples' traditional worldview on gold.
Benguet Corporation (BC) was established as sociedad anonima on August 12, 1903 under its original name of Benguet Consolidated Mining Company. Its name was changed to Benguet Consolidated, Inc. in 1956 and finally to its present corporate name in 1980. The Company was registered as a corporation with the Securities and Exchange Commission (SEC ...
Benguet Corporation (the "Company") would like to inform you that effective January 18,2018, the processing of all US-registered Class B shares (previously handled by American Stock Transfer & Trust Company) ... as the oldest mining company in the country, has posted consolidated net income of P381.4 Million in 2020, more than triple the ...
QUICK FACTS. Name of mining firm: Benguet Corp. Location: Itogon, Benguet Scope of operations: Itogon, Benguet; Sta. Cruz, Zambales; Baguio City; Bagac, Bataan; Zamboanga del Sur; Surigao del Sur Start of operations: Aug. 12, 1903 Metals extracted/mine products: Nickel, gold, silver and limestone Mine production (2020): 243 kilograms of gold …
Benguet Corporation is a Philippines-based mining company. The Company is engaged in gold, nickel and other metallic and nonmetallic mineral production, exploration, research and development and natural resource projects. The Company operates through four segments: mining, health services, logistics and other. ...
1980: The company changes its name to Benguet Corporation and forms Benguet Management Corporation as a holding company for its diversification into non-mining businesses. 1991: Control of Kingking copper-gold concession is acquired after a lengthy court battle. 1993: Benguet sells off its headquarters as part of an assets disposal to pay off ...
Looking forward, management is excited about the opportunities that lie ahead. The foregoing strategies will allow the Company to achieve a healthy balance of mining, mining-allied, and non-mining revenues in the long term. As in the past, Benguet Corporation is open to the business model involving strategic alliances and partnerships.
Benguet has 27 identified mines listed in The Diggings™. The most commonly listed primary commodities in Benguet mines are Copper, Gold, and Silver .At the time these mines were surveyed, 1 mine in Benguet was observed to have ore mineralization in an outcrop, shallow pit, or isolated drill hole—known as an occurance mine. 1 Benguet has 6 prospect mines. 2 20 …
Exploration Permit No covers it. EP-012-2023-IX. The Company has an agreement with Oreline Mining Corporation to explore and operate this 399.0288-hectare property. The Company has fulfilled the requirement of consulting with the concerned Sanggunian before implementing the approved Exploration Work Program (ExWP) and Environmental Work Program ...
Benguet Corp., the mining company of the Romualdez family, reported that it has finally completed its P1.4 billion debt restructuring with 23 creditors after 30 years. In a disclosure to the Philippine Stock Exchange, the firm said that, on October 22, 2024, it has executed with the remaining creditors of its outstanding loans a Mutual ...
LISTED mining company Benguet Corp. has received P300 million from Red Earth Mineral Resources Corp., a company engaged in surface mining and diversified investments, as partial payment for two private placement agreements. In a disclosure to the stock exchange on Wednesday, the listed firm said that it signed two separate private placements with Red Earth …
Benguet Corporation asserts that it has a mining patent on the ancient grounds of Indigenous People. However, despite recent claims to the contrary made by Benguet Corporation through land titles and mining patents, the Kankanaey and Ibaloy Indigenous Peoples have an inherent right to the area because their ancestors have lived there and held ...
Photo Release As of 26 Jan 2024 (Baguio, Philippines) – Philex Mining Corporation, one of the oldest and largest copper and gold producer in Southeast Asia, recently signed a Collective Bargaining Agreement (CBA) for salary increase with its Philex Mines Supervisory Employees Union (PMSEU) of its Padcal mine, in simple ceremonies at the Baguio Country […]