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 Business

Angat na angat: SoCot’s P31-M mining, quarry taxes for 2018 breaks records

AngMinero News by AngMinero News
January 22, 2019
in Business, News
27 1
0
Mining, oil sectors advance in PSEi following Fitch boost
84
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter

South Cotabato filed P 31 million in mining tax revenues for 2018, the highest recorded by the provincial government since it started implementing reforms on small-scale mining operations in 2010.

Provincial Environment Management Office head Siegfried Flaviano said in a statement that South Cotabato’s turnout was also considered amongst the biggest collections in Region 12 (Soccsksargen) for 2018.

According to Flaviano, the average monthly collection of their province last year rose to P 2.58 million from around P 1.8 million in 2017. This is due to the continued thriving of small-scale mining in the area.

With the increase in tax collection, South Cotabato enjoyed a total share of nearly P 12 million, around P 3.3 million more than last year’s P 8.3 million.

Taxes and fees under mining and quarry cover sand and gravel tax; mining tax; mining permit fee; ore transport fee; occupational mining tax; verification fee; filing fee; permit fee; projection fee; processing fee; fines/penalties/surcharges; and miscellaneous (delivery receipts).

The increase in mining and quarry tax collections to the sustained monitoring on the operations of mine tunnels, processing plants, and transport of mineral ores in the area are also attributed in the upsurge in mining and quarry taxes.

Stricter regulations on mining operations were also implemented in the province. Particular those located in the gold rush villages of Kematu and Desawo in Tboli.

Tags: Mining Tax Revenuesmall-scale miningSouth Cotabato

Related Posts

MGB, UNDP-Led Projects to Advance Biodiversity in Mining
News

MGB, UNDP-Led Projects to Advance Biodiversity in Mining

July 17, 2025
MGB Warns of Long-Term Impact of US Tariff on Philippine Copper
News

MGB Warns of Long-Term Impact of US Tariff on Philippine Copper

July 17, 2025
Marcos Strengthens Diwalwal Mining Task Force via Executive Order 88
News

Marcos Strengthens Diwalwal Mining Task Force via Executive Order 88

July 17, 2025
Philex 2021 core net income soars 118% to Php2.53B
News

Philex Mining Targets 2026 Launch for Copper-Gold Project in Surigao

July 16, 2025
SMPC Earns Five Honors at Regional Investor Awards
News

SMPC Earns Five Honors at Regional Investor Awards

July 14, 2025
Philippine Mining Club Luncheon Forum – Advancing Sustainable Mining Practices
News

Philippine Mining Club Luncheon Forum – Advancing Sustainable Mining Practices

July 12, 2025

FEATURED POST

SGS Urges Mining Firms to Start Carbon Accounting Under New DENR Rule

SGS Urges Mining Firms to Start Carbon Accounting Under New DENR Rule

July 18, 2025
Atty. Herman: Future of Mining Lies in Ancestral Domains

Atty. Herman: Future of Mining Lies in Ancestral Domains

July 18, 2025
MGB, UNDP-Led Projects to Advance Biodiversity in Mining

MGB, UNDP-Led Projects to Advance Biodiversity in Mining

July 17, 2025
MGB Warns of Long-Term Impact of US Tariff on Philippine Copper

MGB Warns of Long-Term Impact of US Tariff on Philippine Copper

July 17, 2025

EDITOR PICK'S

SGS Urges Mining Firms to Start Carbon Accounting Under New DENR Rule

July 18, 2025

Atty. Herman: Future of Mining Lies in Ancestral Domains

July 18, 2025

MGB, UNDP-Led Projects to Advance Biodiversity in Mining

July 17, 2025

MGB Warns of Long-Term Impact of US Tariff on Philippine Copper

July 17, 2025

Marcos Strengthens Diwalwal Mining Task Force via Executive Order 88

July 17, 2025

Philex Mining Targets 2026 Launch for Copper-Gold Project in Surigao

July 16, 2025

SMPC Earns Five Honors at Regional Investor Awards

July 14, 2025

Recent News

SGS Urges Mining Firms to Start Carbon Accounting Under New DENR Rule

SGS Urges Mining Firms to Start Carbon Accounting Under New DENR Rule

July 18, 2025
Atty. Herman: Future of Mining Lies in Ancestral Domains

Atty. Herman: Future of Mining Lies in Ancestral Domains

July 18, 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