Benguet Corporation was established in 1903, pioneering the first major mining operation in the Philippines. It spearheaded a consolidation and expansion of gold mines as well as the diversification in other mineral products like copper, chromite and lime. Until the late 1980s, Benguet Corporation was known as the biggest gold mining company in the Philippines and the 16th largest in the world. Similarly, it's chromite operation in Masinloc, known internationally as "Masinloc Ore", and its highly profitable Dizon Copper Gold operation in San Marcelino, Zambales were the largest in the country. The inspiring history of the company reveals a potent organization with a distinct capability to overcome and survive extremely difficult circumstances, such as World War II, countless natural disasters, political upheavals and cyclical economic conditions. Over the past 100 years, Benguet has built up its professional reputation as the colossus of Philippine mining. This is evident in its hardy pioneering spirit, introducing modern technology and innovative mining practices which have become models of the industry, through its mutually beneficial labor relations and support for its workforce and families to build better lives and progressive communities.
Through corporate consolidation and forward-looking management strategies, the company hurdled each time, the obstacles of growth to become the company's premier mining company for the most part of 20th century. This can be credited to its enlightened and competent leaders and its pool of dedicated and talented employees, who have distinguished themselves in the industry. Benguet Corporation will continue to do what it knows and does best which is natural resource development. Aside from its core business of mining and mineral exploration, the company and its subsidiaries will be actively engaged in land and water resource development, construction, engineering and technical services, forest management and eco-tourism, while maintaining its interest in allied industries such as steel casting, trucking and warehouse management, and trading. For the 21st century, Benguet Corporation has set its vision to be the leading total natural resource development and services conglomerate, imbued with zest and determination to transform its assets into trailblazing projects that build upon the heritage of the Company.
Ferdinand Martin G. Romualdez
President and CEO
Benjamin P. G. Romualdez