+ Follow DRESDNER KLEINWORT WASSERSTEIN Tag
DRESDNER KLEINWORT WASSERSTEIN
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[ArticleID] => 292611
[Title] => Lepanto incurs P137-M loss in Q2
[Summary] => Lepanto Consolidated Mining Co. incurred a net loss of P136.68 million in the second quarter this year, a reversal of the P19.64-million profit a year earlier, mainly due to lower gold production, aggravated by a labor strike in early June and increasing finance cost.
On a year-to-date basis, Lepanto reported a consolidated net loss of P179.74 million as against a net income of P76.84 million a year ago. This was attributed to lower sales and the settlement of gold hedging losses amounting to P67 million.
[DatePublished] => 2005-08-21 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 281168
[Title] => China’s top gold mine operator eyes investment in Lepanto
[Summary] => Zijin Mining Group Co. Ltd., the largest gold producer in China, has expressed interest in investing in Lepanto Mining Corp., the company said in a disclosure to the Philippine Stock Exchange (PSE).
Lepanto said top officials of Zijin are now in the Philippines for a due diligence study on the local mining firm’s operations.
[DatePublished] => 2005-06-11 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 278175
[Title] => Lepanto Mining loses P43M in Q1
[Summary] => Weighed down by lower sales and increasing finance cost, Lepanto Consolidated Mining Co. Inc. incurred a net loss of P43.05 million in the first quarter of the year, a turnaround from the P57.21-million profit reported in the same period a year ago.
In a financial report to the Securities and Exchange Commission, Lepanto said it registered a loss of P19.2 million from operations as against the P111.5 million income for the same period last year as sales of metals dipped from P596.6 million to P407.93 million.
[DatePublished] => 2005-05-18 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 274619
[Title] => Lepanto loses P40M in Q1 due to drop in gold output
[Summary] => Lepanto Consolidated Mining Co., one of the oldest mining firms in the country, incurred a net loss of P40 million in the first quarter due to a drop in its gold production, a top company official said.
At the company’s stockholders meeting the other day, Lepanto president Bryan U. Yap said the mining firm produced only 17,000 ounces of gold in the first quarter, 15 percent lower than in the previous level.
"The lower first quarter results were not entirely unexpected due to changes in the geology which impacted the mine grade," Yap said.
[DatePublished] => 2005-04-20 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 182725
[Title] => ADB launches $500-M bond issue
[Summary] => The Asian Development Bank (ADB) launched a $500 million bond issue last October 23.
The proceeds of the issue will be included in ADB’s ordinary capital resources and used in its non-concessional lending operations. "The distribution of the bonds is anchored in Asia and supported by European demand," it said in a statement.
The joint lead managers are Dresdner Kleinwort Wasserstein and UBS Warburg.
[DatePublished] => 2002-11-05 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Banking
[SectionUrl] => banking
[URL] =>
)
)
)
abtest
November 5, 2002 - 12:00am
