United Paragon Mining Corporation

Our Business

United Paragon Mining Corporation (“UPMC”) is a Philippine corporation whose main business is the exploration, development, exploitation, recovery, and sale of gold. UPMC was the result of a merger in 1989 between United Asia and Geothermal Resources (“UAR”) AND Abcar Paragon Mining Corporation (“Abcar Paragon”). Under the terms of the merger, UAR became the surviving corporation and Abcar Paragon transferred all of its assets and properties (real and personal, including rights, franchises and receivables, as well as the operating rights of the Longos Mine) to UAR. UAR was renamed United Paragon Mining Corporation in 1990. UAR was formed as a corporation in 1970 while Abcar Paragon was formed in 1986.

 

UPMC’s principal mining operation is the Longos Mine at Paracale, Camarines Norte. UPMC operated an open pit area in the mine from August 01, 1988 to June 01, 1994 having extracted 888,809 metric tonnes (MT) of ore, which yielded 79,120 ounces of gold. This was more than twice its originally calculated reserve. By April 1994, UPMC began the commercial operations of the underground mine at the same site. It was placed under care and maintenance in December 1998 to preserve the remaining reserves for future extraction at profitable level. From 1988 to 1998, UPMC produced 290,580 ounces of gold from the Longos Mine. UPMC is presently pursuing various options to raise the amount required to finance the rehabilitation and further development of the Longos Mine.

Our Company

CORPORATE PROFILE
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MISSION, VISION AND VALUES

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BOARD OF DIRECTORS, MANAGEMENT TEAM AND EXECUTIVE OFFICERS

The names, ages, citizenship, positions and periods of service of directors, executive officers and persons nominated to become as such are as follows:

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Alfredo C. Ramos, 68, Filipino, has been the Chairman of the Board since February 1, 1990 and President/Chief Executive Officer of the Company since December 2, 1992. For the past five (5) years, he has served as Director and/or Executive Officer, and maintained business interests in companies involved in the printing, publication, sale and distribution of books, magazines and other printed media, transportation, financial services, infrastructure, oil and gas exploration, mining, property development, shopping center, department store, gaming and retail, among others.

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 Presentacion S. Ramos is a Director of the Company.  For the past five (5) years, she has served as a director and/or executive officer of, and maintained business interests in companies involved in the printing, publication, sale and distribution of books, magazines and other printed media, department store, stock brokerage, oil and gas exploration, and mining, among others. 

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Adrian Paulino S. Ramos, 34, Filipino, has been a Director of the Company since April 20, 2006 and Treasurer since July 28, 2006. He graduated Cum Laude from the Ateneo de Manila University with a degree in BS Management (Honors Program) and took up Masters in Business Administration from Kellogg School of Management, Northwestern University in 2005. For the past five (5) years, he has worked as an Instructor at a business school, Operations Manager for a major book retailer and Business Analyst for Mckinsey & Company. He is currently working in various management capacities and served as Director and/or Executive Officer in companies involved in investment holdings, securities, sale and distribution of books, magazines and other printed media, property development, transportation, oil and gas exploration, among others.

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Gerard Anton S. Ramos, 36, Filipino, has been a Director of the Company since August 6, 2010. He obtained his Bachelor’s Degree in Business Management from the Ateneo de Manila University in 1996. For the past five (5) years, he has served as a Director and/or Executive Officer in companies involved in the music industry, broadcasting, stock brokerage, mining, holding companies, property development, sale and distribution of books, magazines and other printed media, shopping centers, among others.

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 Eduardo B. Castillo, 65, Filipino, has been a Director of the Company since June 13, 1990. For the past five (5) years, he has served as a Director and/or Executive Officer and maintained business interests in companies involved in agribusiness, travel and tourism, real estate, food processing, medical products, marketing, telecommunication, mining, among others.

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 Carlos G. Dominguez, 66, Filipino, has been a an Indepedent Director of the Company since October 29, 1993. For the past five (5) years, he has served as Director and/or Executive Officer and continues to be involved in maintaining business interests in companies involved in banking, hotel and property development, retailing, smelting and mining, power distribution, among others.

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 Christopher M. Gotanco, 63, Filipino, graduated Magna Cum Laude with a Bachelor of Arts degree in Political Science from the University of the Philippines where he also obtained his Master of Arts in Political Science (Studies) as a Rockefeller Foundation Graduate. He thereafter obtained his Master in Business Management with Distinction from the Asian Institute of Management and his Master of Arts (one-year studies on US Government scholarship with internship at the Bank of Boston) from the Fletcher School of Law and Diplomacy (Tuffs University, Boston, MA, USA). He also gained various special academic programs from Australia, University of Asia and the Pacific, and University of Texas at Dallas. For the past five (5) years, he has served as Director, Chairman and/or Chief Executive Officer in companies involved in natural resources(oil and gas), investment banking, mass transportation, property development, and mining, among others.

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 John Peter C. Hager, 43, Filipino, holds a Bachelor of Arts degree with Honors Recognition from the University of Califorinia at Berkeley. For the past five (5) years, he has been working in various management capacities and serves as Managing Director in companies involved in import/export commodities trading particularly pulp, paper, packaging, security paper and security printing product, rubber, coconut oil and other coconut-related products, among others. His business activities also include managing local interests of foreign principals and serving as commercial advisor to several international companies and local agents.

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 Francisco A. Navarro is a Director of the Company.  For the past five (5) years, he has headed the exploration and development groups of various companies involved in oil and gas exploration and investment holdings.

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Iris Marie U. Carpio-Duque is the Company’s Compliance Officer, Alternate Corporate Information Officer and Corporate Secretary.  For the past five (5) years, she has served as officer and/or corporate secretary or assistant corporate secretary in companies involved in mining, investment holding, securities brokering and real estate.  She is a member of the Integrated Bar of the Philippines.

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Gilbert V. Rabago, 38, Filipino, is the Company’s Finance, Purchasing & Administrative Officer and Alternate Corporate Information Officer. For the past five (5) years, he has served in different managing capacities in companies involved in mining both in the Philippines and abroad. 


ORGANIZATIONAL CHART
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CONGLOMERATE MAP/CORPORATE GROUP STRUCTURE
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SHAREHOLDINGS STRUCTURE
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ARTICLES OF INCORPORATION AND BY-LAWS

 

 

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