Risk management strategy in mining (or; can Benguet Corporation survive to celebrate its centennial in 2003?)

CIM Bulletin, Vol. 76, No. 858, 1983

JAIME V. ONGPIN, President Benguet Corporation

The author will give a capsule history of Benguet Corporation and attempt to identify its operating environment and underlying "strategy" until 1974, when the company's management assumed office. The company's operating environment and "interim strategy" from 1975 to 1980 will be described. The discussion will cover an environmental forecast and define the company's "strategy for survival" for the balance of this century.
Keywords: Risk management, Mining, Mineral economics, Mining strategy, Benguet Corporation, Philippines