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Saturday, September 9, 2017 Vol. 12 No. 331
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COMP vows to go beyond mining-policy compliance to win back public support
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By Jonathan L. Mayuga
espite the “policy storm” that saw mining investment in the Philippines slow down, the industry’s big players under the aegis of the Chamber of Mines of the Philippines (COMP) remain upbeat, as the group promises to lead membercompanies toward more responsible mining operations that will pass international standards as directed by President Duterte.
Interviewed by the BusinessMirror during the culmination of the three-day Mining Philippines 2017: International Conference and Exhibition at the Sofitel Hotel in Pasay City on Thursday, COMP Executive Director Ronald Recidoro said in the next few weeks, a reinvigorated COMP will make its presence felt, starting with a new board of trustees with a fresh mandate. “We will be more aggressive in communicating our environmental protection and social development activities. More important, we will increase our engagements with government and other key stakeholders, to hear their position and consider them in our advocacies. All these changes are in response to President Duterte and [Environment] Secretary [Roy] Cimatu’s call for the in-
dustry to be responsible miners. Our aim is not just to follow the law, but to do better,” Recidoro said. “The Mining Philippines 2017 Conference saw an increase in the number of participants and exhibitors keenly taking part this year. The conference’s discussions aimed to enhance knowledge on best mining practices in terms of operation, social development and environmental protection,” he said. For the past two years, the mining industry experienced turbulent policy changes, starting with the imposition of the mining moratorium for new mining projects, the signing of Executive Order (EO) 79, which called for a periodic review of mining operations and declaration of mining no-go zones under the previous administration—and under the
Duterte administration, a 10-month crackdown on irresponsible mining by the new administration’s first environment secretary, Regina Paz L. Lopez, which saw the issuance of closure or suspension orders affecting more than two dozen large-scale mines, the ban on open-pit mining method, and the cancellation of 75 mineral production sharing agreements (MPSAs).
Sustainable mining practices With this year’s theme “Responsible Mining: Moving Beyond Compliance”, the conference saw international experts presenting sustainable mining models in Canada and Australia. According to Recidoro, the presentations of mining models from Canada and Australia gave COMP members ideas of how the indus-
ohn Hix | Dreamstime
Miners rise above ‘policy storm’
try can move forward, while correcting the public’s misconception about mining, its pros and cons, cost and benefits. “The chamber will take a serious look at the mining standards of other countries, such as the Towards Sustainable Mining (TSM) initiative of the Mining Association of Canada (MAC), and study how these may be adopted for use by our members,” he said. He added that the Department of Environment and Natural Resources (DENR) and the Mines and Geosciences Bureau (MGB) will be updated by COMP every step of the way in shifting toward the TSM model. According to Recidoro, adopting the TSM protocols on indigenous peoples and community outreach, Continued on A2
Nations rush to help islands devastated by Hurricane Irma
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rench, British and Dutch military authorities rushed aid to a devastated string of Caribbean islands on Thursday after Hurricane Irma left at least 11 people dead and thousands homeless, as it spun toward Florida for what could be a catastrophic blow this weekend. Meanwhile, with the safety of about 3,000 Filipinos in the path of Typhoon Irma in the Caribbean at risk, the Philippines, through the Department of Foreign Affairs (DFA), already placed its embassies in Washington and Mexico on a higher state of readiness to ensure quick response. This is to allow them to immediately come to the rescue of Filipinos in the United States and the Caribbean who may be impacted by Hurricane Irma. “We have seen how powerful and destructive Hurricane Irma is,”
Foreign Secretary Alan Peter S. Cayetano said. “We should not be taking any chances and should be ready to assist our nationals who may get caught in the middle of this storm.” Cayetano has instructed Chargé d’Affaires Patrick Chuasoto of the Philippine Embassy in Washington, D.C., and Ambassador Eduardo de Vega of the Philippine Embassy in Mexico to be ready to deploy teams to hurricane-affected areas in case there are Filipino nationals there that would need assistance. Continued on A2
PESO exchange rates n US 51.0230
Water from Addicks Reservoir flows into neighborhoods as floodwaters from Tropical Storm Harvey rise in Houston on August 29, 2017. AP/David J. Phillip
n japan 0.4705 n UK 66.8554 n HK 6.5294 n CHINA 7.8678 n singapore 38.0797 n australia 41.0531 n EU 61.3552 n SAUDI arabia 13.6058
Source: BSP (8 September 2017 )