Mine firm in Nueva Vizcaya contributes P5.71-B in taxes, fees, duties
BY LEANDER C. DOMINGO
FCF Minerals Corporation - Runruno Gold Project's central nursery in the village of Runruno, Quezon, Nueva Vizcaya. CONTRIBUTED PHOTO
QUEZON, Nueva Vizcaya—FCF Minerals Corporation, operator of the Runruno Gold Project here has generated a staggering P5.71 billion in taxes, fees and duties since the start of its commercial operations in 2017.
In a statement, FCF Minerals said, “The project is a testament to the company's commitment to responsible mining practices and community development.”
According to available data, the taxes and fees paid by FCF Minerals have significantly contributed to the local economy and national coffers.
Mining companies in the Philippines are typically subject to a range of taxes and fees, including excise tax on miner...










