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

Global Ferronickel subsidiary defends mining compliance after Senate hearing allegations
News

Global Ferronickel subsidiary defends mining compliance after Senate hearing allegations

March 11, 2026
SM Investments weighing reduction or exit from Atlas Mining
News

SM Investments weighing reduction or exit from Atlas Mining

March 6, 2026
Nickel Asia earnings rise to PHP 6.27 billion in 2025
Business

Nickel Asia earnings rise to PHP 6.27 billion in 2025

February 27, 2026
Palawan students supported by Nickel Asia-linked school win medals in global math contest
News

Nickel Asia foundation brings surgical mission to Eastern Samar

February 25, 2026
Investors show interest in Philex’s Silangan mine ahead of 2026 launch
News

Philex posts PHP 1.071-B core net income for 2025

February 25, 2026
OceanaGold posts USD 438.8M revenue, declares USD 112M in 2025 dividends
News

OceanaGold posts USD 438.8M revenue, declares USD 112M in 2025 dividends

February 19, 2026

FEATURED POST

Global Ferronickel subsidiary defends mining compliance after Senate hearing allegations

Global Ferronickel subsidiary defends mining compliance after Senate hearing allegations

March 11, 2026
SM Investments weighing reduction or exit from Atlas Mining

SM Investments weighing reduction or exit from Atlas Mining

March 6, 2026
Nickel Asia earnings rise to PHP 6.27 billion in 2025

Nickel Asia earnings rise to PHP 6.27 billion in 2025

February 27, 2026
Palawan students supported by Nickel Asia-linked school win medals in global math contest

Nickel Asia foundation brings surgical mission to Eastern Samar

February 25, 2026

EDITOR PICK'S

Global Ferronickel subsidiary defends mining compliance after Senate hearing allegations

March 11, 2026

SM Investments weighing reduction or exit from Atlas Mining

March 6, 2026

Nickel Asia earnings rise to PHP 6.27 billion in 2025

February 27, 2026

Nickel Asia foundation brings surgical mission to Eastern Samar

February 25, 2026

Philex posts PHP 1.071-B core net income for 2025

February 25, 2026

OceanaGold posts USD 438.8M revenue, declares USD 112M in 2025 dividends

February 19, 2026

Makilala Mining advances Kalinga mining project, eyes Q2 funding

February 19, 2026

Recent News

Global Ferronickel subsidiary defends mining compliance after Senate hearing allegations

Global Ferronickel subsidiary defends mining compliance after Senate hearing allegations

March 11, 2026
SM Investments weighing reduction or exit from Atlas Mining

SM Investments weighing reduction or exit from Atlas Mining

March 6, 2026

Category

  • Business
  • Features
  • News
  • Uncategorized

Follow us

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

© 2026 JNews - Premium WordPress news & magazine theme by Jegtheme.

No Result
View All Result

© 2026 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