Republic of the Philippines - Stamps & Postal History

RP Issues of 2023

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2023, August 12.  Benguet Corporation - 120th Anniversary

Litho Offset, Amstar Printing Company, Inc.,  Perf 14

Singles, Sheets of 40

 

            

16p - Benguet Mining Industry  -  50,000

 

 

First Day Covers:  Manila

 

        

        


Benguet Corporation -  120th Anniversary

Benguet Corporation was organized in 1903 to engage in gold mining. It expanded first into chromite production in 1934 and then into copper production in 1971. The company’s gold mining operations are conducted in the Philippines in Benguet and Jose Panganiban, Camarines Norte Provinces.  Chromite mining operation is in Masinloc, Zambales Province and Copper mining operation was in San Marcelino, Zambales Province.

In 1980, it pursued complementary business strategies which brought itself into the fields of general engineering and industrial construction, agriculture, shipping, banking and finance, real estate- and forestry-based ventures.   

Today, after restructuring its diversified operations and consolidating its resources following the turbulent financial climate of the 90’s, the Company continues to evolve into a total natural resource development company. Aside from its core business of mining and mineral exploration, the Company and its subsidiaries are actively engaged in water projects, real estate development, forest management, and eco-tourism, while maintaining interests in allied industries such as steel casting, trucking and warehousing, trading, construction and engineering services.



 

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Articles by Dr. Ngo Tiong Tak

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Issues of 2023