Dizon Copper-Silver Mines, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2020
June 29, 2020 at 11:53 pm
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Dizon Copper-Silver Mines, Inc. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced net loss was PHP 461,960 compared to PHP 503,100 a year ago. Basic loss per share was PHP 0.006 compared to PHP 0.006 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. 
