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March 30, 2017

LCMC, LLEU ink its 27th CBA

BAGUIO CITY – After four negotiation meetings that started December 2016, the Lepanto Consolidated Mining Company (LCMC) and the Lepanto Local Employees Union (LLEU) signed a two-year Collective Bargaining Agreement (CBA) on March 25, 2017 at Baguio Country Club.

“The completion of our CBA bolsters my hopes for the continued healthy relationship between labor and management, and our mutual trust for each other. You are the Company’s backbone and we commit to do our part so as not to lose your trust. We hope that we can always amicably discuss all concerns and issues so that we can concentrate on the more difficult task ahead; improving our efficiencies and increasing productivity”, said the LCMC President and COO Bryan U. Yap.

“We thank the Lepanto management for the constant support extended to its employees and the whole of the Lepanto community. We are now even more dedicated and committed to perform our best in our jobs”, remarked the union president, Warden Lapaddic.

Mr. Yap shared to the group the Company’s aggressive mining program this 2017 particularly the Enargite copper mine and Quartz Pyrite Gold mine (collectively called the Copper-Gold Project). “We started drilling this ore body two years ago and our Mine Engineering group is busy finalizing a realistic mining program which should give us a decent profit starting next year. I am counting on your cooperation towards achieving this goal”, added Mr. Yap.

The LLEU for its part expressed continued support for the Company, amid the increasing challenges that Lepanto is faced with.

The signing ceremony was graced by no less than Baguio City Mayor Mauricio Domogan, along with DOLE-NCMB-CAR officials, LLEU Head Legal Counsel Atty. Janice Domogan, LCMC VP and Resident Manager Engr. Thomas S. Consolacion, LCMC VP for HR and Administration Knestor Jose Y. Godino who also acted as the management panel head negotiator, LLEU officials and Lepanto Mine Division officials.