AngMinero
  • Home
  • News
  • Features
  • Business
No Result
View All Result
AngMinero
  • Home
  • News
  • Features
  • Business
No Result
View All Result
AngMinero
No Result
View All Result
Home News

OceanaGold Remits Nearly P400M in Local Taxes, Backs Sustainable Mining in Host Communities

AngMinero News by AngMinero News
March 4, 2025
in News
26 2
0
OceanaGold hopeful to meet gold target
84
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter

OceanaGold Philippines Inc. (OGP) has remitted P397.8 million in local business taxes to the provinces of Nueva Vizcaya and Quirino, reinforcing its commitment to economic development and responsible mining.

PNA reported the company paid P198.9 million to Kasibu, Nueva Vizcaya, and P119.3 million and P79.6 million to Nagtipunan and Cabarroguis in Quirino, respectively.

OGP President and General Manager of External Affairs and Social Performance Joan Adaci-Cattiling highlighted the importance of continued mining operations in delivering benefits to host communities. “We are all working for the continuing operations of the mine so that we are able to continue giving benefits to our communities, agyaman kami (thank you).”

In 2023, OGP contributed P421.9 million in local business taxes, underscoring its consistent economic contributions to local governments. The company operates the Didipio Mine, an underground gold-copper mine straddling Nueva Vizcaya and Quirino, under a Financial and Technical Assistance Agreement (FTAA) initially granted in 1994 and renewed in 2021.

As a subsidiary of OceanaGold Corporation, OGP continues to implement sustainable mining practices and community development programs while maintaining its global mining operations in New Zealand and the United States. With its long-term commitment to responsible mining, OGP ensures that its economic contributions directly benefit host communities, local businesses, and government programs.

What are your thoughts on the role of responsible mining in local economic development? How can mining firms enhance sustainability while contributing to communities? Share your insights in the comments below and follow Power Philippines for updates on the mining and energy industries!

Tags: economic growthMining For DevelopmentOceana GoldPower Philippinessustainable mining

Related Posts

Hallmark Mining Corp. vows to protect Mt. Hamiguitan, jobs
News

Hallmark Mining Corp. vows to protect Mt. Hamiguitan, jobs

October 9, 2025
5 ‘Minahang Bayan’ sites in Davao Region get DENR clearance for small-scale mining
News

5 ‘Minahang Bayan’ sites in Davao Region get DENR clearance for small-scale mining

October 7, 2025
OceanaGold names Brian Martin as new chairman of Philippine subsidiary
News

OceanaGold names Brian Martin as new chairman of Philippine subsidiary

October 6, 2025
Nickel Asia’s Hinatuan Mining wins Best Practices in Distribution at ASEAN Mineral Awards
News

Nickel Asia’s Hinatuan Mining wins Best Practices in Distribution at ASEAN Mineral Awards

October 6, 2025
Didipio Mine Opens DMTG Scholarship for Mining and Geoscience Students
News

Palawan mining ban stands despite DILG advisory cited in Ipilan Nickel hearing –ELAC

October 1, 2025
MGB Places Field Teams on Higher Alert for Typhoon Nando
News

MGB Trains Staff on Drone Operations to Strengthen Mining Oversight

October 1, 2025

FEATURED POST

Hallmark Mining Corp. vows to protect Mt. Hamiguitan, jobs

Hallmark Mining Corp. vows to protect Mt. Hamiguitan, jobs

October 9, 2025
Pure Energy Group firms acquire 71.68% stake in Coal Asia for PHP220.9 million

Pure Energy Group firms acquire 71.68% stake in Coal Asia for PHP220.9 million

October 7, 2025
5 ‘Minahang Bayan’ sites in Davao Region get DENR clearance for small-scale mining

5 ‘Minahang Bayan’ sites in Davao Region get DENR clearance for small-scale mining

October 7, 2025
OceanaGold names Brian Martin as new chairman of Philippine subsidiary

OceanaGold names Brian Martin as new chairman of Philippine subsidiary

October 6, 2025

EDITOR PICK'S

Hallmark Mining Corp. vows to protect Mt. Hamiguitan, jobs

October 9, 2025

Pure Energy Group firms acquire 71.68% stake in Coal Asia for PHP220.9 million

October 7, 2025

5 ‘Minahang Bayan’ sites in Davao Region get DENR clearance for small-scale mining

October 7, 2025

OceanaGold names Brian Martin as new chairman of Philippine subsidiary

October 6, 2025

Nickel Asia’s Hinatuan Mining wins Best Practices in Distribution at ASEAN Mineral Awards

October 6, 2025

Ajoc: Caraga to lead in DOST’s push for sustainable mining practices

October 1, 2025

DOST invests PHP300M in critical minerals R&D to boost sustainable mining

October 1, 2025

Recent News

Hallmark Mining Corp. vows to protect Mt. Hamiguitan, jobs

Hallmark Mining Corp. vows to protect Mt. Hamiguitan, jobs

October 9, 2025
Pure Energy Group firms acquire 71.68% stake in Coal Asia for PHP220.9 million

Pure Energy Group firms acquire 71.68% stake in Coal Asia for PHP220.9 million

October 7, 2025

Category

  • Business
  • Features
  • News
  • Uncategorized

Follow us

  • Setup menu at Appearance » Menus and assign menu to Footer Navigation

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.

No Result
View All Result

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.

Login to your account below

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In