MANILA, Philippines — Lepanto Consolidated Mining Co.’s net income more than doubled to P1.59 billion in the first semester of 2026 despite mixed metal production, buoyed by higher gold and silver prices.

In a disclosure on Tuesday, the Felipe Yap-led listed gold producer said first-half revenues climbed by 47 percent to P3.24 billion.

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Elevated metal prices bolstered Lepanto’s earnings. The average realized gold prices surged by 51.8 percent to $4,684.40 per ounce while silver more than doubled to $80.66 per ounce.FEATURED STORIES