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Home > Company Index > Metals & Mining > Gold & Silver & Other Precious Metals > Benguet Corporation

Benguet Corporation
OTC: BENGB
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 PROFILE
For nearly a hundred years Benguet, the Philippines' oldest mining company, has processed gold, chromite, copper, and other minerals. However, low metal prices have compelled Benguet to develop its nonmining businesses (primarily under its Benguet Management Corp. subsidiary; nearly half of sales) and to suspend most of its mining operations. Without abandoning its mines, Benguet has diversified into bottled water, construction, real estate development, ecotourism, trading, reforestation, and trucking and warehousing. Low metal prices have forced Benguet to skip payments on its loans for several years, so the company has begun selling some assets in order to settle those loans.

 COMPETITION
BHP Billiton (BHP)
Freeport-McMoRan Copper & Gold Inc. (FCX)
Placer Dome Inc. (PDG)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
1999 Sales (mil.): 7.50
1-Yr. Sales Growth: (28.2)%
Employees: 563
Revenue per employee: $13,321.49

 KEY PEOPLE
• Benjamin Phillip G. Romualdez
    CEO
• Salvador P. Pabalan
    CFO

 CONTACT INFO
One Corporate Plaza, 845 Arnaiz Ave.
Legaspi Village Metro Manila 1223, Philippines
Phone: 63-2-819-0174
Fax: 63-2-813-6611
Online: Web Site

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