Mines Bureau expects P10B in mining taxes, fees, royalties
August 26th, 2010
Filed under: General News
The Mines and Geosciences Bureau (MGB) on Wednesday reported that the national government would earn at least P10 billion in taxes, fees, and royalties from mining operations this year, from P9.18 in 2009.
“This goes to show that mining in the country is still alive regardless of a couple of unfortunate incidents that alarmed investors in the country,” MGB director Edwin Domingo said.
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