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

OGPI Strengthens Local Ties with PHP48.5M Remittance to Nueva Vizcaya
Business

OceanaGold income rises 68% on higher copper output

November 6, 2025
DOF aims to finalize new mining tax rules by December
News

DOF aims to finalize new mining tax rules by December

November 3, 2025
Bohol mining revenues surge to PHP 141M on stricter enforcement and new tax rules
News

Bohol mining revenues surge to PHP 141M on stricter enforcement and new tax rules

November 3, 2025
Philex reports PHP344 million core net income in Q3 as Silangan Project nears completion
News

Philex reports PHP344 million core net income in Q3 as Silangan Project nears completion

November 3, 2025
DOE updates small-scale coal mining rules to boost transparency and sustainability
News

DOE updates small-scale coal mining rules to boost transparency and sustainability

November 3, 2025
PH, Sweden boost cooperation on sustainable mining and critical minerals
News

PH, Sweden boost cooperation on sustainable mining and critical minerals

November 3, 2025

FEATURED POST

OGPI Strengthens Local Ties with PHP48.5M Remittance to Nueva Vizcaya

OceanaGold income rises 68% on higher copper output

November 6, 2025
DOF aims to finalize new mining tax rules by December

DOF aims to finalize new mining tax rules by December

November 3, 2025
Bohol mining revenues surge to PHP 141M on stricter enforcement and new tax rules

Bohol mining revenues surge to PHP 141M on stricter enforcement and new tax rules

November 3, 2025
Philex reports PHP344 million core net income in Q3 as Silangan Project nears completion

Philex reports PHP344 million core net income in Q3 as Silangan Project nears completion

November 3, 2025

EDITOR PICK'S

OceanaGold income rises 68% on higher copper output

November 6, 2025

DOF aims to finalize new mining tax rules by December

November 3, 2025

Bohol mining revenues surge to PHP 141M on stricter enforcement and new tax rules

November 3, 2025

Philex reports PHP344 million core net income in Q3 as Silangan Project nears completion

November 3, 2025

DOE updates small-scale coal mining rules to boost transparency and sustainability

November 3, 2025

PH, Sweden boost cooperation on sustainable mining and critical minerals

November 3, 2025

Semirara earns Three Golden Arrows for corporate governance excellence

October 30, 2025

Recent News

OGPI Strengthens Local Ties with PHP48.5M Remittance to Nueva Vizcaya

OceanaGold income rises 68% on higher copper output

November 6, 2025
DOF aims to finalize new mining tax rules by December

DOF aims to finalize new mining tax rules by December

November 3, 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