OceanaGold (Philippines) Inc. (OGPI), operator of the Didipio Gold-Copper Mine, on Tuesday announced the remittance of additional P1.1-billion share to the Philippine government, making it the first mining company to submit additional payment under the existing terms of its financial and technical assistance agreement (FTAA).
OGPI president Joan Adaci-Cattiling said the company’s first payment of additional government share pursuant to the net revenue calculation is on top of the taxes,...
Remittances rose for the 20th straight month, as global economies that host Filipino overseas workers further reopened, resulting in sustained inflows ahead of the...