Lepanto Consolidated Mining Company

02/09/2026

“And perhaps someday, those children will have opportunities they never imagined—just as a young girl from Lepanto once picked up a tennis racquet and discovered a world beyond the mountains of Benguet.

That young girl was me.

Tennis gave me an opportunity.

Now, I want pickleball to give that opportunity to someone else.”

Jenny Marcos, the country’s pickleball pioneer, has Lepanto in her story!

https://plus.inquirer.net/sports/for-the-love-of-pickleball-the-filipino-way/?fbclid=IwdGRjcAUEjehwZG9mBWZkaWQWUNo81m0kU-8J9p3yo0F7WjOa_QvbtWV4dG4DYWVtAjExAHNydGMGYXBwX2lkCjY2Mjg1NjgzNzkAAR5uR4FOB8XrXcl_sNQfSuCB8D2G2KN3lrYR0W8h-Ko-NDq9eq24poGl3qKLEQ_aem_YaSWi1ArTAst4T_bTzIBrw

I was a young girl from Lepanto, Benguet, holding a tennis racquet that felt far too big for my hands—but it opened a world far bigger than the mountains I grew up in. Those early tennis clinics didn’t just teach me how to play. They changed the direction of my life. From local courts in…

30/08/2026

Reminder: Deadline is today!

Send/re-send your entries to [email protected] before 5:00PM and please message 09954111814 for confirmation of receipt.

Thank you!

Calling all crammers!

With a week to go until the deadline, we are announcing the cash prizes for our 90th Anniversary Photography Contest with the theme:

"Lepanto at 90: Honoring our Legacy, Capturing our Future"

Please scan the QR code or visit this link for the full mechanics:
https://drive.google.com/file/d/1JfYqooZ3mqknfJBQRR7f3PrrZoBgw24w/view?usp=sharing

24/08/2026

Calling all crammers!

With a week to go until the deadline, we are announcing the cash prizes for our 90th Anniversary Photography Contest with the theme:

"Lepanto at 90: Honoring our Legacy, Capturing our Future"

Please scan the QR code or visit this link for the full mechanics:
https://drive.google.com/file/d/1JfYqooZ3mqknfJBQRR7f3PrrZoBgw24w/view?usp=sharing

17/08/2026

Lepanto joined the 51st session of the Sangguniang Panlalawigan of the Province of Benguet today.

We were invited to update the provincial board on LCMC’s current operations and on the renewal process for MPSA-001 following the newly-signed Memorandum of Agreement with the Ancestral Domain of Mankayan.

The contingent was composed of VP-HRAD Knestor Godino, VP-Legal Services Atty. Odette Javier, VP-Tenements Atty. Pablo Ayson Jr., LMD-Admin Manager Rolando Ursua, LMD-Environment Head Engr. Joann Gatchalian, LMD-Community Relations Head Connie Odoño, and FSE-Technical Services Manager Linus Ursua.

📷 Benguet Sanggunian

13/08/2026

EXTENDED!

Due to the recent weather challenges, the 90th Anniversary Photography Contest’s deadline of submission is moved to August 30, 2026 at 5PM.

Details thru the code or this link:
https://drive.google.com/file/d/1JfYqooZ3mqknfJBQRR7f3PrrZoBgw24w/view?usp=sharing

11/08/2026

Deadline in four days!
Calling all crammers!
🔉📸🔊📷

Lepanto is turning 90!

Join us in honoring our legacy and capturing our future through this LCMC 90th Anniversary Photography Contest.

Professionals and amateurs are invited and are to be judged as separate categories. Special awards to be given.

Eligible Capture Period: July 1, 2025 to August 15, 2026
Submission Deadline: August 16, 2026

Scan the code to view the full mechanics or follow this link:
https://drive.google.com/file/d/1JfYqooZ3mqknfJBQRR7f3PrrZoBgw24w/view?usp=sharing

11/08/2026

For the first half of 2026, Lepanto produced 10,931 oz of gold and 21,346 oz of silver.

Net income more than doubled from P771 million to P1.59 billion. Consolidated gross revenues increased 47% to P3.24 billion from P2.20 billion last year.

Average gold price surged to $4,684.40/oz from $3,084.80/oz. Silver price more than doubled from an average of $32.94/oz last year to $80.66/oz. The Peso weakened vis-a-vis the US$, from $57.06 to $59.97 to the US$ this year.
We continue to produce from the Victoria and Teresa orebodies. Efforts to further improve productivity and metal recoveries through equipment upgrades or rehabilitation continue. There are five 5 active rigs drilling for both grade control and exploration with encouraging results.

Last 30 July, Lepanto and subsidiary Far Southeast Gold Resources, Inc. (FSGRI) executed a Memorandum of Agreement with the Indigenous Peoples of Mankayan Ancestral Domain (Host ICCs/IPs), signifying the granting to Lepanto and FSGRI of the Free and Prior Informed Consent (FPIC) by the Host ICCs/IPs for the renewal of MPSA 001-90-CAR. The MOA will have a term of 25 years. The MOA was signed with the duly elected elders/leaders of the barangays of Mankayan, and witnessed by other LGU officials of Mankayan, and representatives from the National Commission on Indigenous Peoples (NCIP) and the Mines and Geosciences Bureau (MGB).

The MOA will be submitted to the NCIP for approval, which approval will be in the form of a Certification Precondition that in turn will be submitted to the Mines and Geosciences Bureau for the renewal of MPSA 001.

05/08/2026

Last 10 days! 📷📸🤳🎞️

Lepanto is turning 90!

Join us in honoring our legacy and capturing our future through this LCMC 90th Anniversary Photography Contest.

Professionals and amateurs are invited and are to be judged as separate categories. Special awards to be given.

Eligible Capture Period: July 1, 2025 to August 15, 2026
Submission Deadline: August 16, 2026

Scan the code to view the full mechanics or follow this link:
https://drive.google.com/file/d/1JfYqooZ3mqknfJBQRR7f3PrrZoBgw24w/view?usp=sharing

30/07/2026

𝐋𝐞𝐩𝐚𝐧𝐭𝐨 𝐂𝐨𝐧𝐬𝐨𝐥𝐢𝐝𝐚𝐭𝐞𝐝 𝐌𝐢𝐧𝐢𝐧𝐠 𝐂𝐨𝐦𝐩𝐚𝐧𝐲 (𝐋𝐞𝐩𝐚𝐧𝐭𝐨) 𝐚𝐧𝐝 𝐅𝐚𝐫 𝐒𝐨𝐮𝐭𝐡𝐞𝐚𝐬𝐭 𝐆𝐨𝐥𝐝 𝐑𝐞𝐬𝐨𝐮𝐫𝐜𝐞𝐬, 𝐈𝐧𝐜. (𝐅𝐒𝐆𝐑𝐈) 𝐄𝐱𝐞𝐜𝐮𝐭𝐞 𝐚 𝐌𝐞𝐦𝐨𝐫𝐚𝐧𝐝𝐮𝐦 𝐨𝐟 𝐀𝐠𝐫𝐞𝐞𝐦𝐞𝐧𝐭 𝐰𝐢𝐭𝐡 𝐭𝐡𝐞 𝐈𝐧𝐝𝐢𝐠𝐞𝐧𝐨𝐮𝐬 𝐏𝐞𝐨𝐩𝐥𝐞𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐌𝐚𝐧𝐤𝐚𝐲𝐚𝐧 𝐀𝐧𝐜𝐞𝐬𝐭𝐫𝐚𝐥 𝐃𝐨𝐦𝐚𝐢𝐧 𝐟𝐨𝐫 𝐭𝐡𝐞 𝐑𝐞𝐧𝐞𝐰𝐚𝐥 𝐨𝐟 𝐌𝐏𝐒𝐀 𝟎𝟎𝟏-𝟗𝟎-𝐂𝐀𝐑 (𝐌𝐏𝐒𝐀 𝟎𝟎𝟏)

Lepanto and subsidiary FSGRI executed today a Memorandum of Agreement (MOA) with the Indigenous Cultural Communities/Indigenous Peoples of Mankayan Ancestral Domain (Host ICCs/IPs), signifying the granting to Lepanto and FSGRI of the Free and Prior Informed Consent (FPIC) by the Host ICCs/IPs for the renewal of MPSA 001. The MOA shall be effective upon the issuance of a Certification Precondition by the National Commission on Indigenous Peoples (NCIP) in favor of such MPSA renewal.

In consideration of the goodwill enjoyed by the parties based on a long-standing mutually beneficial relationship, the anticipated length of the development phase of the Far Southeast Project, and the desire of the Host ICCs/IPs to maximize benefits from the operations of Lepanto and FSGRI, the MOA will have a term of 25 years.

The MOA provides, among others, for the payment, in accordance with law, of a monthly royalty to the Host ICCs/IPs equivalent to 1% gross output; and a one-time payment for projects to the Host ICCs/IPs amounting to PhP110 million, including the construction of an IP building;

The MOA will be submitted to the NCIP for approval, which approval will be in the form of a Certification Precondition that in turn will be submitted to the MGB for the renewal of MPSA 001.

The MOA was signed on Lepanto’s behalf by Knestor Jose Y. Godino, VP-HR, Training and Administration; and Charisma S. Pascua, Finance Group Manager. FSGRI was represented by VP Pablo T. Ayson Jr. and Asst. Corporate Secretary Odette A. Javier. The Host ICCs/IPs were represented by Chief Spokespersons Cesar R. Pasiwen, incumbent Municipal Mayor of Mankayan, Benguet, and the former Mayor, Atty. Frenzel A. Ayong, together with duly elected elders/leaders of the barangays of Mankayan. The MOA ex*****on was witnessed by other LGU officials of Mankayan , plus the NCIP- FPIC team led by Engr. Allan Allatis and MGB –CAR officials led by Engr. Virginia Briones.

29/07/2026

Lepanto Consolidated Mining Company (LCMC) and the Lepanto Local Staff Union (LLSU) formally signed their 15th Collective Bargaining Agreement (CBA) at the Baguio Country Club, Baguio City.

The negotiations set a new benchmark by finishing in under a month or after just two meetings. This proves that when both sides bring their priorities to the table in good faith, transparency, and mutual respect, agreement follows naturally.

Opening the ceremony, VP for HR and Administration Mr. Knestor Jose Y. Godino highlighted the foundation of productivity and trust that made the swift negotiations possible. He noted that the delegation moved at the "speed of trust," emphasizing that when management and labor sit down in good faith, they find common ground that ensures company stability while securing fair treatment, dignity, and a better future for workers and their families.

While President and Chief Operating Officer Mr. Bryan Spencer U. Yap delivered a message of unity to the workforce and management, underscoring that labor and management are not on opposite sides, but working together toward a shared future. As he noted, “Es-esa Tako”. Likewise, he expressed deep gratitude to the union leaders for representing the workforce with courage and heart, emphasizing that the agreement reflects safety, security, and a renewed commitment to caring for employees as the company's greatest resource.

The signing was witnessed by the company’s management negotiating team, key government officials and labor representatives: DOLE-CAR Regional Director Mr. Jesus Elpidio B. Atal Jr., NCMB-CAR Regional Branch Director Atty. Ronda T. Doctor-Malimban, LLSU President Mr. Ariel F. Candelario, LLSU Legal Counsel Atty. Frenzel Ayong, GM & Administrative Group Manager Mr. Rolando D. Ursua, Finance Services Group Manager Ms. Charisma Pascua, HR Head Mr. Nelson L. Baguya II, and Legal Officer Atty. Philip Ray Ameling.

With the 15th CBA now officially in effect, both LCMC management and LLSU reaffirm their commitment to executing every provision with total integrity, paving the way for sustained industrial peace, operational excellence, and shared prosperity for all employees and their families.

Iyaman!



Photos from: Nelson Baguya II, Jun Dumlao, Thom Picaña, Mia Fokno