October 23, 2017, 4:01 pm
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Assistance planned for mining towns

The Chamber of Mines of the Philippines (COMP) signed an agreement with the Department of Trade and Industry (DTI) along with GoNegosyo in a bid to further enhance social development and management programs in mining communities.

“This is a first for the Chamber of Mines of the Philippines. We are empowering communities, empowering individuals, equipping wannabe entrepreneurs with the needed skills and know-how to help them take their businesses to the next level,” COMP president, Benjamin Philip Romualdez said.

The group added that the program aims to help micro, small and medium entrepreneurs in scaling up their businesses thru weekly coaching and mentoring by business owners and practitioners in order to build economic centers beyond the life of the mine sites. 

“Beyond the books and seminars, we now embark on one-on-one coaching to address the unique cases of every entrepreneur in the program and on top of that will be the inspiration that the entrepreneurs can derive from the experiences of the mentors,” DTI secretary, Ramon Lopez noted. 

Earlier, the COMP also appealed for a meeting with president Rodrigo Duterte for constructive consultations to balance issues that are currently being thrown at the mining industry.

“We appeal to the president to immediately convene a meeting with the industry… for constructive consultations on how to put a balance to the complex issues of mining so that policies moving forward will be based on science and hard facts and not on mere slogans of hard-line ideology. We will send our best experts to help the government unleash the huge mineral potential of the nation and allay unfounded fears that the environment will be neglected,” Romualdez said.

Despite the appeal, he expressed that the industry is very supportive on the audit for all operating mines in the country but called out that what the country is needing are not new mining laws but better implementation of existing laws. 

“Our mining laws are globally recognized as one of the best because it already integrates stringent rules on the environment and caring for the local communities. What is needed is strict and fair enforcement of a stable policy regime that promotes the long term stewardship of our environment and natural resources,” Romualdez added.
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