Caraga Region (Region XIII)

FY 2024 Country Report Data • Community Factsheet Series

What is PH-EITI?

The PH-EITI is part of the global Extractive Industries Transparency Initiative (EITI), a standard focused on ensuring transparency and accountability in natural resource governance.

This information is limited and collected from the mining companies reported in the PH-EITI reporting cycle for FY 2023–2024.

Regional Mining Fact Sheet: Caraga

Commodity: Nickel, gold, silver, copper, chromite

Key Provinces: Agusan del Norte, Agusan del Sur, Dinagat Islands, Surigao del Norte, Surigao del Sur

Caraga is the Philippines’ most mining‑intensive region, hosting the country’s largest concentration of nickel operations.

Active Operators (FY 2024)

  • Adnama Mining Resources, Inc.
  • Cagdianao Mining Corporation
  • Carrascal Nickel Corporation
  • Century Peak Corporation (Casiguran & Esperanza)
  • CTP Construction and Mining Corporation (Adlay & Dahican)
  • Greenstone Resources Corp.
  • Hinatuan Mining Corporation
  • Kafugan Mining, Inc.
  • Krominco, Inc.
  • Libjo Mining Corporation
  • Marcventures Mining & Development Corporation
  • Oriental Vision Mining Phils. Corporation
  • Philsaga Mining Corporation
  • Platinum Group Metals Corporation
  • Sinosteel Philippines HY Mining Corporation
  • SR Metals, Inc.
  • Taganito Mining Corporation
  • Westernshore Nickel Corporation

Employment in the Mining Sector (FY 2024)

Total employees

34,167

Female share

16.63%

Gender Breakdown

  • Male: 83.37% (28,484)
  • Female: 16.63% (5,683)

National Wealth Contribution

FY 2023FY 2024
₱367,768,421₱201,440,248

Reconciled Amount Paid to Region XIII LGUs (FY 2024)

CompanyLGUPayment
Cagdianao Mining CorporationCagdianao27,446,582.18
Carrascal Nickel CorporationCarrascal89,159,077.04
CTP Construction & Mining Corp. – AdlayCarrascal35,484,338.56
Greenstone Resources Corp.Mainit15,884,353.10
Greenstone Resources Corp.Tubod26,384,791.46
Hinatuan Mining CorporationTagana‑an17,351,920.52
Kafugan Mining, Inc.Carrascal25,565,891.32
Marcventures Mining & Development Corp.Cantilan4,679,270.48
Marcventures Mining & Development Corp.Carrascal35,924,021.04
Philsaga Mining CorporationBunawan84,400,959.22
Philsaga Mining CorporationRosario3,179,402.48
Platinum Group Metals CorporationClaver64,940,241.02
Sinosteel Philippines HY Mining Corp.Loreto10,018,304.80
SR Metals, Inc.Tubay5,801,747.12
Taganito Mining CorporationClaver163,730,302.24
Westernshore Nickel CorporationTubajon166,024.20
Total ₱610,322,699.46

Caraga Region total LGU collections: ₱610.3 M.

Company Payments to Government (FY 2024)

Caraga’s combined national government revenues exceeded ₱6.58 billion.

Major contributors include:

  • Taganito Mining Corporation: ₱1.947 B
  • Carrascal Nickel Corporation: ₱1.019 B
  • Philsaga Mining Corporation: ₱704.18 M
  • Platinum Group Metals Corporation: ₱666.99 M
  • CTP Construction & Mining Corp. – Adlay: ₱447.35 M
  • Cagdianao Mining Corporation (East Coast): ₱407.12 M
  • Hinatuan Mining Corporation: ₱412.69 M

How Revenues Flow to Your LGU

All companies

pay taxes

National Gov’t

BIR • BOC • MGB • NCIP • LGU

40% share

to host LGU

SHES Expenditures (FY 2024)

Company2024
Cagdianao Mining Corporation147,974,944.83
Carrascal Nickel Corporation144,382,309.68
CTP Construction & Mining Corp. – Adlay112,482,741.82
CTP Construction & Mining Corp. – Dahican17,016,282.72
Hinatuan Mining Corporation117,827,861.11
Kafugan Mining, Inc.125,990,428.05
Libjo Mining Corporation18,261,199.62
Marcventures Mining & Development Corp.67,934,031.16
Philsaga Mining Corporation28,204,882.04
Platinum Group Metals Corporation170,631,126.56
Sinosteel Philippines HY Mining Corp.23,920,691.24
SR Metals, Inc.26,176,628.66
Taganito Mining Corporation287,001,675.50
Total ₱1,287,804,802.99

Taganito Mining 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.

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