OceanaGold says P1.6-B payment to gov’t highlights mining’s economic role - BusinessWorld Online

OceanaGold says P1.6-B payment to gov’t highlights mining’s economic role - BusinessWorld Online

OCEANAGOLD (Philippines), Inc. has remitted P466.86 million in additional government share (AGS) to the national government, bringing its total payment over the past two years to P1.6 billion, the company said on Thursday. The company’s remittance is on top of P870 million in excise taxes and P512 million in local taxes and fees paid in 2024, it said in a statement. “This significant contribution of almost P1.6 billion in cumulative AGS payments…