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HUMAN RIGHTS AND ENVIRONMENTAL CONCERNS SURROUNDING MINING POLICY STALLS PHILLIPINE'S ECONOMIC GROWTH

06/12/2017

The Phillipines is believed to hold around $1 trillion worth of mineral resources, but activists' opposition has stalled development and economic growth. Activists oppose mining development on the basis of financial fairness and environmental concerns. OceanaGold, a Canadian-Australian mining firm, earned $275 million in copper and gold sales last year, according to the Philippine Mines and Geosciences Bureau. Miners, some residents of the area surronding the mine, work for about a $1 an hour. The mines are also a threat to the economy as some agricultural provinces who rely on irrigation from local rivers have found the water quality to be less than satisfactory. In February, Environment Secretary Lopez recommended that licenses for 26 big metal mines be canceled or suspended for environmental violations. She lost her job in early May, but the orders are still in effect. For the full story see https://news.mongabay.com/2017/06/the-philippines-a-nation-rich-in-preci...