Dizon Copper-Silver Mines, Inc. Reports Earnings Results for the Full Year Ended December 31, 2020
April 30, 2021 at 06:23 am
Share
Dizon Copper-Silver Mines, Inc. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced net income was PHP 166,828 compared to PHP 46.447 million a year ago. Basic earnings per share from continuing operations was PHP 0.002 compared to PHP 0.59 a year ago.
Dizon Copper Silver Mines, Inc. (DCSMI) is a Philippines-based holding company engaged in the business of mining. The Company focuses on acquiring, purchasing, leasing, holding, working and operating mines, mining claims, grounds or lodes in the Philippines or in foreign countries. DCSMI crushes, concentrates, smelts, refines, dress, amalgamates and prepare for market ores, metal and mineral substances of all kinds. The Company's mineral deposit classified as a gold-rich porphyry copper deposit. The Company's operations include Barangay Buhawen, San Marcelino and Zambales. DCSMI's activities include care and maintenance of the mine site and the mining properties, especially the Bayarong Tailings area. DCSMI has a Mineral Processing Permit for the recovery of minerals in the Bayarong Tailings Dam. The Company owns a property in Barangay Parada, Valenzuela City with a total area of approximately 4,070 square meters. DCSMI owns all the immovable assets like the land, roads and bridges.
DIZON COPPER-SILVER MINES, INC. 
