Lepanto Consolidated Mining Co. engages in the production of gold and gold-copper concentrates. The Company’s segments include Hauling and Leasing activities, Insurance activities, Drilling activities, and Manufacturing and Trading. Hauling and Leasing activities segment is engaged in handling all kinds of material, products and supplies in bulk and maintaining and operating terminal facilities, such as piers and warehouses. Insurance activities segment is involved in short-duration insurance contracts, which are recognized over a period of the contracts using the 24th month method. Drilling activities segment provides drilling services to its related and outside parties. Manufacturing and Trading segment is involved in manufacturing, distribution, selling and buying machinery and equipment, general merchandise and articles related to the diamond core drilling industry.
