Cordillera Administrative Region (CAR)

FY 2023 Country Report Data • Community Factsheet Series

Regional Mining Fact Sheet: CAR

Commodity: Gold, copper, silver

Key Province: Benguet

CAR is the Philippines' largest gold- and copper-mining region by value. Operators include Benguet Corporation, Lepanto Consolidated Mining, Itogon Suyoc Resources, and Philex Mining — long-established companies with significant economic footprints in Benguet municipalities.

Active Operators (FY 2024 Reconciliation Participants)

  • Benguet Corporation
  • Itogon Suyoc Resources, Inc.
  • Lepanto Consolidated Mining Company
  • Philex Mining Corporation

Employment in the Mining Sector (FY 2024)

Total employees reported

34,167

Female share of workplace

16.63%

Gender

  • Male workers: 83.37% – 28,484 workers
  • Female workers: 16.63% – 5,683 workers

National Wealth Contribution (CAR)

FY 2023FY 2024
PHP 79,827,646PHP 129,452,606

Reconciled Amount Paid to CAR LGUs (FY 2024)

CompanyCity / MunicipalityPayment
Benguet CorporationBokod6,761.30
Itogon3,031,563.82
Tuba
Itogon Suyoc Resources, Inc.Itogon1,393,422.44
Lepanto Consolidated Mining CompanyBaguio City52,850.00
Mankayan
Mankayan City10,318,529.48
Philex Mining CorporationBaguio City12,904.89
Itogon13,109,620.03
Tuba10,982,382.64
Total reconciled ₱38,908,034.60

CAR total LGU collections per: ₱38.908 M reconciled. Large pre‑reconciliation variances were identified for Philex Mining Corporation.

Company Payments to the Government (CAR Operators)

CompanyGovt AgencyPayment
Benguet CorporationBIR19,112,380.59
LGU3,038,325.12
Total22,150,705.71
Itogon Suyoc Resources, Inc.BIR134,367,307.00
BOC22,172,984.70
LGU1,393,422.44
Total157,933,714.14
Lepanto Consolidated Mining CompanyBIR113,503,908.56
BOC39,321,058.97
LGU10,371,379.48
Total163,196,347.01
Philex Mining CorporationBIR593,850,308.18
BOC109,837,362.98
LGU24,104,907.56
NCIP4,000,000.00
Total731,792,578.72
Combined National Revenues ₱1,075,073,345.58

Combined national government revenues from CAR metallic mining operators in FY 2024 exceeded ₱1.075 B. Under RA 12253, 40% must be released back to host LGUs.

How Revenues Flow to Your LGU

All companies

pay taxes

National Gov’t

BIR • BOC • LGU

40% share

to host LGU

Safety and Health, Environmental, and Social Expenditures (SHES) for FY 2024

Company2024
Benguet Corporation15,993,788.95
Itogon Suyoc Resources, Inc.45,413,167.14
Lepanto Consolidated Mining Company67,340,184.00
Philex Mining Corporation391,873,873.27

Philex Mining Corporation contributed the largest SHES amount, followed by Lepanto Consolidated Mining Company.

Why Does This Matter to You?

Companies disclose what they pay to government. Government agencies disclose what they receive. An independent administrator checks that the numbers match.

Communities near mines have the right to know what revenues are generated from their land and what portion reaches their LGU.

Mining companies are legally required to spend on SDMP and EPEP — obligations your community can monitor and enforce.

How to Raise Concerns

Email: [email protected]

FB Page: Philippine EITI

LinkedIn: Philippine Extractive Industries Transparency Initiative

A government-led, multi-stakeholder initiative implementing EITI, the global standard that promotes the open, accountable management, and good governance of oil, gas, and mineral resources. PH-EITI was created on 26 November 2013 through EO No. 147, s. of 2013. It is a government commitment first announced through EO No. 79, s. of 2012.

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