+ Follow LEPANTO INVESTMENT AND DEVELOPMENT CORP Tag
LEPANTO INVESTMENT AND DEVELOPMENT CORP
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[ArticleID] => 1086871
[Title] => Lepanto suffers P105-M loss on lower gold prices
[Summary] => Lepanto Consolidated Mining Co. reported yesterday a net loss of P104.7 million in the second quarter of the year on lower gold prices and the appreciation of the peso against the dollar.
[DatePublished] => 2013-08-14 00:00:00
[ColumnID] => 0
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 440888
[Title] => Lepanto Mining raises capital to P6.65 billion
[Summary] => Lepanto Consolidated Mining Co. is raising its authorized capital stock from P3.35 billion to P6.65 billion.
[DatePublished] => 2009-02-18 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097285
[AuthorName] => Marianne V. Go
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 347096
[Title] => Lepanto to revive copper mining operations
[Summary] => Lepanto Consolidated Mining Co. plans to revive its copper mining operations by September this year as global copper prices continue to rise.
In a disclosure to the Philippine Stock Exchange, Lepanto said it will resume work on a copper mine in Mankayan, Benguet which was shut down several years ago due to falling copper prices.
During the time the plant was closed, copper prices were only at $0.70 per pound compared to the current price of $3 per pound.
[DatePublished] => 2006-07-13 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 332143
[Title] => Lepanto sees P300-M profit this year due to surging gold prices
[Summary] => Banking on surging gold prices, Lepanto Consolidated Mining Co. expects to return to profitability this year with a P300-million net income from a net loss of P409.53 million in 2005.
Lepanto president Bryan Yap said the company intends to produce between 22,000 to 24,000 ounces of gold and silver per quarter to benefit fully from rising gold prices as it does not have any hedge position.
[DatePublished] => 2006-04-19 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 330467
[Title] => Lepanto bares P409.5-M loss in 2005
[Summary] => Labor problems hounded Lepanto Consolidated Mining Co. last year, resulting in a net loss of P409.532 million in 2005 as the mining firm was constrained from increasing its minerals production.
In a disclosure to the Philippine Stock Exchange (PSE), Lepanto said its gold and silver sales dropped to P1.399 billion from P2.251 billion because of a four-month strike that hampered the company’s operations from June 2 to Sept. 11.
[DatePublished] => 2006-04-08 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
abtest
August 14, 2013 - 12:00am
