• 4 days ago

Mining companies contribute to the economy during pandemic – MGB RO2

TUGUEGARAO CITY, Cagayan – With the economic crash brought by the Corona virus disease 2019 (CoVid-19) pandemic, Cagayan Valley Mines and Geoscience Bureau regional director said that mining companies may have good contributions during this crisis.

In a tele-conference, Dir. Mario Ancheta said that mining companies could help the economy bounce back from the effects of the pandemic. “Malaki ang contributory factor ng mga partners nating ito lalong lalo na sa unemployment rate na dulot ng CoVid-19”, he added.

Moreover, for the Social Development Management Program (SDMP), mining companies in the region have re-aligned their fund to support the host communities and neighboring areas. “Ito po ay ginawa ng mga mining companies upang makatulong din sa kanilang mga host communities,” Ancheta added.

The total re-aligned funds of the companies have reached more than P22 million.

Meanwhile, mining companies have donated different health equipment like PPEs and frontline gear to various hospitals in the region.

In addition, as for the plans of the bureau after the pandemic, the director said “We are following protocols from our central office. They released guidelines on the new normal. We are strictly implementing wearing of face masks for all employees, thermo scanning upon entry to the office premises and social distancing.”

On the environment

“While it is true that the stoppage of the mining companies operations helped the environment to heal itself, the companies were doing Environmental Protection Enhancement Program (EPEP)”, Ancheta stated.

Mining companies that operate in the region are OceanaGold Phils. Inc. is based in Didipio, Kasibu, Nueva Vizcaya, FCF Minerals Corp. is in Runruno, Nueva Vizcaya, Mining Corp. in Dinapigue Isabela and JDVC Resources Corp, offshore mining in Cagayan.

Jerico Joshua Kahulugan: Jerico Joshua Kahulugan is the Editor in Chief of the Northern Forum- Cagayan Valley.
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