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

FNI registers Php 1.9B net income for 2021
News

PH Nickel Miner FNI Recognized for Legal Excellence in Asia

July 1, 2025
Cordillera Miners Urged to Halt Operations During Rains as Landslide Risks Rise
News

Cordillera Miners Urged to Halt Operations During Rains as Landslide Risks Rise

June 25, 2025
Cagayan Valley DENR Chief Commends Mining Firms for Reforestation Investment
News

Cagayan Valley DENR Chief Commends Mining Firms for Reforestation Investment

June 24, 2025
Masbate Mine Solar Shift to Save PHP 150M, Cut 8,500 Tons of CO₂ Annually
News

Masbate Mine Solar Shift to Save PHP 150M, Cut 8,500 Tons of CO₂ Annually

June 23, 2025
DMC Ensures Responsible Mining and Tree Replanting in Cagayan Valley
News

DMC Ensures Responsible Mining and Tree Replanting in Cagayan Valley

June 17, 2025
Lepanto Net Income Soars to PHP659 Million on Gold Output Growth, High Prices
News

Lepanto Net Income Soars to PHP659 Million on Gold Output Growth, High Prices

June 17, 2025

FEATURED POST

FNI registers Php 1.9B net income for 2021

PH Nickel Miner FNI Recognized for Legal Excellence in Asia

July 1, 2025
Cordillera Miners Urged to Halt Operations During Rains as Landslide Risks Rise

Cordillera Miners Urged to Halt Operations During Rains as Landslide Risks Rise

June 25, 2025
Cagayan Valley DENR Chief Commends Mining Firms for Reforestation Investment

Cagayan Valley DENR Chief Commends Mining Firms for Reforestation Investment

June 24, 2025
SMPC Earns Gold in FinanceAsia Awards for Outstanding Corporate Governance and Management

SMPC Earns Gold in FinanceAsia Awards for Outstanding Corporate Governance and Management

June 23, 2025

EDITOR PICK'S

PH Nickel Miner FNI Recognized for Legal Excellence in Asia

July 1, 2025

Cordillera Miners Urged to Halt Operations During Rains as Landslide Risks Rise

June 25, 2025

Cagayan Valley DENR Chief Commends Mining Firms for Reforestation Investment

June 24, 2025

SMPC Earns Gold in FinanceAsia Awards for Outstanding Corporate Governance and Management

June 23, 2025

Responsible Mining Pays Off: Apex Mining Wins Regional Bronze for Best-Managed Company

June 23, 2025

Masbate Mine Solar Shift to Save PHP 150M, Cut 8,500 Tons of CO₂ Annually

June 23, 2025

DMC Ensures Responsible Mining and Tree Replanting in Cagayan Valley

June 17, 2025

Recent News

FNI registers Php 1.9B net income for 2021

PH Nickel Miner FNI Recognized for Legal Excellence in Asia

July 1, 2025
Cordillera Miners Urged to Halt Operations During Rains as Landslide Risks Rise

Cordillera Miners Urged to Halt Operations During Rains as Landslide Risks Rise

June 25, 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