The Philippine mining industry continues to provide assistance during the pandemic, amassing PHP402 million worth of relief fund which made its way to over 1.4 million households and frontliners across the nation.
The Mines and Geosciences Bureau (MGB), a line bureau of the Department of Environment and Natural Resources (DENR), reported that as of July 8, 2020, around 1.2 million households have been rationed with food packs, vegetables and garden kits through the relief funds raised by mining companies.
In accordance with DENR Administrative Order No. 2010-21 or the Consolidated Implementing Rules and Regulations of Republic Act 7942, otherwise known as the Philippine Mining Act of 1995, mining companies are required to allocate at least 1.5% of their annual operation cost to their Social Development and Management Program (SDMP) to assist their host and neighboring communities during the community quarantine imposed to contain the spread of COVID-19 to assist host and neighboring communities and in developing mining technology and geosciences.
Acting MGB Director Wilfredo G. Moncano explains, “The SDMP fund has components that can be sacrificed and realigned to respond and assist the clamor of the government and the community for assistance,” adding that 90% of the re-aligned SDMP fund has been utilized.
With the guidance of MGB Regional Offices, mining firms across the country simultaneously conducted a series of relief operations and donated medical equipment, including rapid COVID-19 testing kits, as well as provision of logistical support such as service ambulances, trucks and boats to affected communities within their jurisdiction.
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By: Mineral Economics, Information and Publication Division