Positivity from Manila4 Nov 2021 17:38
“BAYOMBONG, Nueva Vizcaya: Joining the nation in celebrating the 32nd National Statistics Month of October, the Mines and Geosciences Bureau (MBG) in Region 2 (Cagayan Valley) said the mining industry in the region has contributed to the economy amid the pandemic.
In Nueva Vizcaya, the national government mineral resources development projects are the Australian OceanaGold Philippines Inc.'s Didipio Copper-Gold Project in the upland town of Kasibu and the British FCF Minerals Corp.'s Runruno Gold-Molybdenum Project in Quezon town.
FCF Minerals recorded a total export of 7,152.40 kilograms of gold and silver for 2020.
FCF Minerals has paid P353,015,486.89 in national taxes and fees, P242,840,602.89 in excise tax and P108,608,533.40 in local taxes and fees for 2020 based on the annual report on taxes, fees and royalties paid and withheld.
In its SDMP for 2020, FCF Minerals has committed a total amount of P65,317,915.76 for the development of its host and neighboring communities while P329,986,306 was also committed by the company under its environmental protection and rehabilitation program.”
https://www.manilatimes.net/2021/10/31/news/regions/cagayan-valleys-mines-lucrative/1820366