|
For the year 2007, MGB-V collected some P6,178, 992.55 in
revenues mostly from fees arising from filing, processing,
certification, clearance, docket, application, transfer,
regulatory, laboratory, appeal, transport, fine, evaluation,
projection, conversion, renewal and sales of forms and maps.
The LGUs on the other hand,
where mining exist, generated P14, 260, 100.18 in revenues
mostly from occupational, extraction and rental fees and quarry
resources tax.
Meanwhile, for 3 years (from
2005 to 2007) Lafayette Philippines Inc. (LPI) paid the
Government, through the Bureau of Internal Revenue, the amount
of P36,118,555.54 in excise taxes based on the proof of payment
submitted to the MGB-V. |
|
Its production, on the other
hand showed LPI produced 159.80 kgs. of gold valued at
P129,028,375.00 and 488.84 kgs. of silver worth P6,121,814.00 in
2005 while in 2007 8,841.60 DMT of copper concentrate for
P572,426,727.00 and 17,148.50 DMT of zinc concentrate valued at
P1,110,982,741.01 are produced by the same company. |
