Dizon Copper - Silver Mines, Inc. (DCSMI the Company) is a corporation registered under the laws of the Philippines primarily organized as an investment holdings corporation. Redridge Resources Corporation is the subsidiary of the Company.
Dizon Copper-Silver Mines, Inc. (DCSMI) is a stock corporation duly organized on August 18, 1966 under the laws of the Republic of the Philippines to acquire, purchase, lease, hold, work and operates mines, mining claims, grounds or lodes in the Philippines or in foreign countries. Its registered office address is 6th Floor Sun Plaza Centre, Shaw Boulevard, cor Princeton Street, Barangay Wack-Wack, Greenhills East, Mandaluyong City, Metro Manila. The company is in the business of mining and was listed in the Philippine Stock Exchange in 1988.
The purposes for which DCMSI was formed are:
“To acquire, purchase, lease, hold, work and operate mines, mining claims, grounds and lobes in the Philippines or other countries; to mine, quarry, work and develop mining grounds, claims or lobes, mining and minerals rights; to crush concentrate, smelt, refiner, dress, amalgamate and prepare for market ores, metal and mineral substances of all kinds, and to do all other acts and things necessary or conducive to the company’s objects, including the erection or buildings or works, and the installing of machinery and appliances or every description whenever required; to mortgage any mining grounds, claims or lobes, mining and mineral rights, or other property belonging to said company and to issue bonds of the company whenever it may be determined to do so.” (Amended Articles of Incorporation)
- First, we want DCSMI to become a major player in the mining industry.
- Second, we want DCSMI to further diversify its investment portfolio.
- Finally, we want DCSMI to be partner in our country’s economic development.
DCSMI will always strive for excellence. DCSMI will undertake to be responsible for the care and preservation of the environment.
- Loyalty to the company and its shareholders;
- Due diligence;
- Fiduciary responsibility;
- Long-term success of the corporation;
- Maximizing the shareholders’ value;
- Legal responsibility
The Company’s Board of Directors, Management Team and Executive Officers
It is the Board of Directors’ (Board) responsibility to foster the long-term success of the Corporation, and to sustain its competitiveness and profitability in a manner consistent with corporate objectives and the best interests of shareholders. The Board’s role is one of stewardship. It is mandated to take care of the interests of the shareholders and protect their investments through the implementation of sound corporate policies and plans while maintaining its independent assessment on Management’s performance.
As currently provided under its By-laws, the Board is composed of Eleven (11) directors including two (2) independent directors.
The membership of the Board may be a combination of executive and non-executive directors (which include independent directors) in order that no director or small group of directors can dominate the decision- making process.
The non-executive directors should possess such qualifications and stature that would enable them to effectively participate in the deliberations of the Board.
For the year 2013 to 2014, the Company’s Board of Directors, Management Team and Executive Officers are as follows:
Board of Directors
|Name of Committees||Members||Position/Designation in Committee|
|Audit Committee||Helen Tiu||Chairman|
|Audit Committee||Antonio Victoriano Gregorio III||Member|
|Audit Committee||Leonardo Cua||Member|
|Governance Committee||Benjamin Espiritu||Chairman|
|Governance Committee||Helen Tiu||Member|
|Governance Committee||David Chua||Member|
|Risk Management Committee||Benjamin Espiritu||Chairman|
|Risk Management Committee||Jose Francisco Miranda||Member|
|Risk Management Committee||Leonardo Gayao||Member|
|Compensation Committee||Antonio Victoriano Gregorio III||Chairman|
|Compensation Committee||David Chua||Member|
|Compensation Committee||Jose Francisco Miranda||Member|
|Nomination Committee||Delfin Castro||Chairman|
|Nomination Committee||Antonio Victoriano Gregorio III||Member|
|Nomination Committee||Benjamin Espiritu||Member|
|Compensation Committee||Leonardo Gayao||Member|
Management Team and Executive Officers
Delfin S. Castro, Jr
Chairman and President
Jose Francisco Miranda
Vice President/Corporate Info Officer
Antonio Victoriano F. Gregorio III
Francis V. Gustilo
Asst. Corporate Secretary
Corporate Info Officer