IN NUMBERS: Economic promise of mining in PH

Rappler.com

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IN NUMBERS: Economic promise of mining in PH
There are 38 operating mines in the Philippines. How have they contributed to the economy?

MANILA, Philippines – Is declaring certain provinces as mining-free zones a good idea for the economy and well-being of communities?

Recent congressional hearings on moves to declare at least 7 provinces and one provincial district as off-limits to mining have ruffled feathers in the mining industry, some members of which currently operate in those provinces. 

The first report of the Philippine Extractive Industries Transparency Initiative (PH-EITI) shows the status of mining in the country today, its contribution to the economy and its promises for economic growth.

Here are figures from the report:

– Pia Ranada/Rappler.com

 

 

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