Lepanto Consolidated Mining Company (LC)

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1. Company Information
Company Name	Lepanto Consolidated Mining Company (LC)
Sector	Mining and Oil		Incorporation Date		Sep 08, 1936
Subsector	Mining		Number of employees		1,479 (Group Total)
Board of Directors	Chairman: Felipe U. Yap
Website / E-mail	http://www.lepantomining.com / mis@lepantomining.com
2. Stock Information
Total Assets	17,136,359,000	Market Capitalization		6,015,383,925.79
Total Liabilities	10,350,801,000	Outstanding Shares		39,836,979,641
Retained Earnings	-3,061,043,000	Listed Shares		32,814,345,169
Listing Date	Apr 30, 1947	Issued Shares		32,829,595,359
Board Lot	10,000	Free Float Level (%)		81.49%
Par Value	0.1	Foreign Ownership Limit		0%
3. Major Stock Holders (common shares) – CLASS A
F. YAP SECURITIES, INC. First Metro Investment Corp. Philex Mining Corporation				24.43 % 08.28 % 07.02 %
4. Company Descriptions and Business Development
Notes 1. Felipe U. Yap is the chairman of Manila Mining Corporation (MA, a listed company), Zeus Holdings, Inc (ZHI, a listed company) and vice chairman of  Prime Orion Philippines, Inc .(POPI) 2. Bryan U. Yap is the son of Felipe Yap. Cresencio C. Yap is the brother of Felipe Yap.
Overview  LC operated copper mine till 1997 but shifted to gold bullion production through its Victoria Project. The Company continues to produce gold from its Victoria operations, which is located in Mankayan, Benguet. LC sells its production in Hong Kong, Canada, Peru, and China, among others. It is currently has two Mineral Production and Sharing Agreements (MPSAS) which is covering around 2,800-hectares. Business Revenue contribution in 2016 (in thousand pesos) Mining Service Others 1,436,232 482,473 30,331 73.69% 24.75% 1.56% Mining engages in exploration and mining of gold, silver, copper, lead, zinc and all kinds of ores, metals, minerals, oil, gas and coal and their related by-products. Service derives its income from drilling, hauling and sawmilling services to its related and outside parties. Subsidiaries / Associates / Affiliates / Joint Ventures Shipside, Inc. is engaged in hauling business. Diamond Drilling Corporation of the Philippines owns 12.38% of Philfire, a insurance company. Lepanto Investment and Development Corporation (LIDC, 100%) owns Diamant Manufacturing and Trading Corporation, a manufacturer of industrial diamond tools for mining exploration, marble cutting and the construction industry.  Far Southeast Gold Resources, Inc(60%) Manila Mining Corp. (19.67%)