Cagayan Valley (Region II)
FY 2023 Country Report Data • Community Factsheet Series
Regional Mining Fact Sheet: Cagayan Valley
Commodity: Oil, gas, nickel, gold, silver, copper
Key Provinces: Cagayan, Isabela, Nueva Vizcaya, Quirino
Region II hosts OceanaGold Philippines (Didipio Mine) — one of the Philippines' largest gold‑copper mines — in Kasibu, Nueva Vizcaya and Nagtipunan, Quirino. FCF Minerals and Dinapigue Mining Corporation also operate in this region.
Active Operators (FY 2023)
- Dinapigue Mining Corporation
- FCF Mineral Corporation
- OceanaGold Philippines, Inc.
- PNOC – Exploration Corporation
Employment in the Mining Sector (FY 2023)
Total employees
36,203
Female share
15.02%
Gender Breakdown
- Male: 84.98% (30,767)
- Female: 15.02% (5,436)
National Wealth Contribution
| FY 2023 | FY 2024 |
|---|---|
| ₱263,621,441 | ₱116,278,657 |
Reconciled Amount Paid to Region II LGUs (FY 2023)
| Company | LGU | Payment |
|---|---|---|
| Dinapigue Mining Corporation | — | 8,151,348.53 |
| FCF Mineral Corporation | Quezon | 95,655,498.56 |
| OceanaGold Philippines, Inc. | Cabarroguis | 52,816,962 |
| OceanaGold Philippines, Inc. | Kasibu | 115,237,008 |
| OceanaGold Philippines, Inc. | Nagtipunan | 72,023,130 |
| OceanaGold Philippines, Inc. | Nueva Vizcaya | 55,258,022 |
| PNOC – Exploration Corporation | Cagayan River Basin | — |
| Total | ₱399,141,969.32 |
Region II total LGU collections: ₱399.142 M.
Company Payments to Government (FY 2023)
| Company | Agency | Payment |
|---|---|---|
| Dinapigue Mining Corporation | BIR | 16,565,074.11 |
| Dinapigue Mining Corporation | LGU | 8,151,348.53 |
| Dinapigue Mining Corporation | NCIP | 1,703,382.00 |
| FCF Mineral Corporation | BIR | 391,970,015.96 |
| FCF Mineral Corporation | BOC | 108,174,652.22 |
| FCF Mineral Corporation | LGU | 95,655,498.56 |
| OceanaGold Philippines, Inc. | BIR | 2,473,993,737.58 |
| OceanaGold Philippines, Inc. | BOC | 172,639,048.67 |
| OceanaGold Philippines, Inc. | LGU | 295,335,122 |
| PNOC – Exploration Corporation | BIR | 481,486,551.56 |
| PNOC – Exploration Corporation | DOE | 57,750.00 |
| Total National Revenues | ₱4,045,732,181.42 |
How Revenues Flow to Your LGU
pay taxes
BIR • BOC • LGU • NCIP • DOE
to host LGU
SHES Expenditures (FY 2023)
| Company | 2023 |
|---|---|
| Dinapigue Mining Corporation | 53,338,856.57 |
| FCF Mineral Corporation | 76,250,546.89 |
| OceanaGold Philippines, Inc. | 29,703,466.57 |
| Total | 159,292,870.03 |
FCF Mineral Corporation contributed the largest SHES amount.
Why This Matters
Companies disclose what they pay. Government discloses what they receive. An independent administrator checks the match.
Communities near mines have the right to know what revenues are generated and what portion reaches their LGU.
Mining companies must legally fund SDMP and EPEP programs — obligations communities can monitor.
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.