Listed mining firm OceanaGold (Philippines) Inc. (OGP) has remitted ₱466.86 million in additional government shares (AGS) to the national government, as stipulated in the company’s financial or technical assistance agreement (FTAA). In a statement on Thursday, May 1, OGP said this brings the...
Listed mining firm OceanaGold (Philippines) Inc. (OGPI) said it paid ₱397.7 million in local business tax (LBT) to three municipalities in the provinces of Nueva Vizcaya and Quirino, as part of the company’s bid to share its success with local communities. In a statement on Monday, March 3,...
Toronto-listed multinational gold mining firm OceanaGold Corporation is divesting 20 percent of its stake in wholly-owned subsidiary OceanaGold (Philippines) Inc. (OGPI) via a P7.88 billion initial public offering (IPO) as required by the government. OceanaGold Philippines' Didipio mine in Nueva...
Didipio Gold-Copper Mine, owned by OceanaGold Corporation’s local subsidiary OceanaGold Philippines Inc., is increasing its Community Development Fund (CDF) budget to P169 million this year. In a press statement, the firm said this is a 24 percent increase from their 2023 allocation of P136...
Alyansa Tigil Mina (ATM) has denounced the renewal of the Financial or Technical Assistance Agreement (FTAA) of Australian-Canadian miner OceanaGold Corporation (OceanaGold) amid environmental concerns. In a statement, ATM "strongly denounced" the decision of President Rodrigo Duterte to renew the...
Two years after its Financial or Technical Assistance Agreement (FTAA) with the Philippine government expired, Australian-Canadian miner OceanaGold Corporation (OceanaGold) is now allowed to resume the operations of its gold-copper mining project in the country until 2044. This is on condition...
Australian-Canadian miner OceanaGold Corporation (OceanaGold) and the Philippine government are now finalizing the terms of their updated Financial and Technical Assistance Agreement (FTAA) for the resumption of the operations of the Didipio gold and copper mine in Nueva Vizcaya. In a regulatory...
