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Government royalty from mineral reservations hits P1.57 Bn PDF Print E-mail
The government, through the Mines and Geosciences Bureau (MGB), collected a total of PhP1,567,487,372 in revenues for Fiscal Year (FY) 2012 from mining companies operating within mineral reservation areas. This represents a 42% increase compared to PhP1,103,210,799 earned in 2011 year-on-year. Read more...
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