November 24, 2017, 4:39 am
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1 Philippine Peso = 0.07222 UAE Dirham
1 Philippine Peso = 2.23697 Albanian Lek
1 Philippine Peso = 0.035 Neth Antilles Guilder
1 Philippine Peso = 0.34334 Argentine Peso
1 Philippine Peso = 0.02609 Australian Dollar
1 Philippine Peso = 0.035 Aruba Florin
1 Philippine Peso = 0.03933 Barbados Dollar
1 Philippine Peso = 1.63992 Bangladesh Taka
1 Philippine Peso = 0.03265 Bulgarian Lev
1 Philippine Peso = 0.00741 Bahraini Dinar
1 Philippine Peso = 34.27689 Burundi Franc
1 Philippine Peso = 0.01967 Bermuda Dollar
1 Philippine Peso = 0.02668 Brunei Dollar
1 Philippine Peso = 0.13491 Bolivian Boliviano
1 Philippine Peso = 0.06405 Brazilian Real
1 Philippine Peso = 0.01967 Bahamian Dollar
1 Philippine Peso = 1.28171 Bhutan Ngultrum
1 Philippine Peso = 0.20626 Botswana Pula
1 Philippine Peso = 393.707 Belarus Ruble
1 Philippine Peso = 0.03929 Belize Dollar
1 Philippine Peso = 0.0252 Canadian Dollar
1 Philippine Peso = 0.01953 Swiss Franc
1 Philippine Peso = 12.51721 Chilean Peso
1 Philippine Peso = 0.13055 Chinese Yuan
1 Philippine Peso = 59.27237 Colombian Peso
1 Philippine Peso = 11.06096 Costa Rica Colon
1 Philippine Peso = 0.01967 Cuban Peso
1 Philippine Peso = 1.84798 Cape Verde Escudo
1 Philippine Peso = 0.42782 Czech Koruna
1 Philippine Peso = 3.47748 Djibouti Franc
1 Philippine Peso = 0.12472 Danish Krone
1 Philippine Peso = 0.93215 Dominican Peso
1 Philippine Peso = 2.25679 Algerian Dinar
1 Philippine Peso = 0.26216 Estonian Kroon
1 Philippine Peso = 0.34612 Egyptian Pound
1 Philippine Peso = 0.53196 Ethiopian Birr
1 Philippine Peso = 0.01676 Euro
1 Philippine Peso = 0.0411 Fiji Dollar
1 Philippine Peso = 0.01485 Falkland Islands Pound
1 Philippine Peso = 0.01485 British Pound
1 Philippine Peso = 0.09043 Ghanaian Cedi
1 Philippine Peso = 0.92566 Gambian Dalasi
1 Philippine Peso = 176.89283 Guinea Franc
1 Philippine Peso = 0.14439 Guatemala Quetzal
1 Philippine Peso = 4.01731 Guyana Dollar
1 Philippine Peso = 0.15359 Hong Kong Dollar
1 Philippine Peso = 0.46264 Honduras Lempira
1 Philippine Peso = 0.12608 Croatian Kuna
1 Philippine Peso = 1.21691 Haiti Gourde
1 Philippine Peso = 5.23442 Hungarian Forint
1 Philippine Peso = 266.33236 Indonesian Rupiah
1 Philippine Peso = 0.06904 Israeli Shekel
1 Philippine Peso = 1.28012 Indian Rupee
1 Philippine Peso = 22.94985 Iraqi Dinar
1 Philippine Peso = 692.86138 Iran Rial
1 Philippine Peso = 2.03638 Iceland Krona
1 Philippine Peso = 2.46903 Jamaican Dollar
1 Philippine Peso = 0.01391 Jordanian Dinar
1 Philippine Peso = 2.2151 Japanese Yen
1 Philippine Peso = 2.03441 Kenyan Shilling
1 Philippine Peso = 1.37082 Kyrgyzstan Som
1 Philippine Peso = 78.99705 Cambodia Riel
1 Philippine Peso = 8.32547 Comoros Franc
1 Philippine Peso = 17.69912 North Korean Won
1 Philippine Peso = 21.59685 Korean Won
1 Philippine Peso = 0.00593 Kuwaiti Dinar
1 Philippine Peso = 0.01613 Cayman Islands Dollar
1 Philippine Peso = 6.50443 Kazakhstan Tenge
1 Philippine Peso = 163.16618 Lao Kip
1 Philippine Peso = 29.60669 Lebanese Pound
1 Philippine Peso = 3.02262 Sri Lanka Rupee
1 Philippine Peso = 2.44897 Liberian Dollar
1 Philippine Peso = 0.2763 Lesotho Loti
1 Philippine Peso = 0.05995 Lithuanian Lita
1 Philippine Peso = 0.0122 Latvian Lat
1 Philippine Peso = 0.02689 Libyan Dinar
1 Philippine Peso = 0.18578 Moroccan Dirham
1 Philippine Peso = 0.34307 Moldovan Leu
1 Philippine Peso = 1.02635 Macedonian Denar
1 Philippine Peso = 26.80433 Myanmar Kyat
1 Philippine Peso = 47.94494 Mongolian Tugrik
1 Philippine Peso = 0.15822 Macau Pataca
1 Philippine Peso = 6.90266 Mauritania Ougulya
1 Philippine Peso = 0.6647 Mauritius Rupee
1 Philippine Peso = 0.30619 Maldives Rufiyaa
1 Philippine Peso = 14.0885 Malawi Kwacha
1 Philippine Peso = 0.37348 Mexican Peso
1 Philippine Peso = 0.08155 Malaysian Ringgit
1 Philippine Peso = 0.27622 Namibian Dollar
1 Philippine Peso = 7.00098 Nigerian Naira
1 Philippine Peso = 0.60177 Nicaragua Cordoba
1 Philippine Peso = 0.16317 Norwegian Krone
1 Philippine Peso = 2.03638 Nepalese Rupee
1 Philippine Peso = 0.02891 New Zealand Dollar
1 Philippine Peso = 0.00756 Omani Rial
1 Philippine Peso = 0.01967 Panama Balboa
1 Philippine Peso = 0.06359 Peruvian Nuevo Sol
1 Philippine Peso = 0.06374 Papua New Guinea Kina
1 Philippine Peso = 1 Philippine Peso
1 Philippine Peso = 2.06568 Pakistani Rupee
1 Philippine Peso = 0.07087 Polish Zloty
1 Philippine Peso = 110.87513 Paraguayan Guarani
1 Philippine Peso = 0.07473 Qatar Rial
1 Philippine Peso = 0.07785 Romanian New Leu
1 Philippine Peso = 1.16841 Russian Rouble
1 Philippine Peso = 16.36755 Rwanda Franc
1 Philippine Peso = 0.07374 Saudi Arabian Riyal
1 Philippine Peso = 0.15449 Solomon Islands Dollar
1 Philippine Peso = 0.26735 Seychelles Rupee
1 Philippine Peso = 0.13097 Sudanese Pound
1 Philippine Peso = 0.16686 Swedish Krona
1 Philippine Peso = 0.0267 Singapore Dollar
1 Philippine Peso = 0.01486 St Helena Pound
1 Philippine Peso = 0.4367 Slovak Koruna
1 Philippine Peso = 149.85251 Sierra Leone Leone
1 Philippine Peso = 10.99312 Somali Shilling
1 Philippine Peso = 410.64307 Sao Tome Dobra
1 Philippine Peso = 0.17207 El Salvador Colon
1 Philippine Peso = 10.12743 Syrian Pound
1 Philippine Peso = 0.27624 Swaziland Lilageni
1 Philippine Peso = 0.64562 Thai Baht
1 Philippine Peso = 0.04905 Tunisian Dinar
1 Philippine Peso = 0.04547 Tongan paʻanga
1 Philippine Peso = 0.07723 Turkish Lira
1 Philippine Peso = 0.13037 Trinidad Tobago Dollar
1 Philippine Peso = 0.59133 Taiwan Dollar
1 Philippine Peso = 43.93314 Tanzanian Shilling
1 Philippine Peso = 0.51976 Ukraine Hryvnia
1 Philippine Peso = 71.28811 Ugandan Shilling
1 Philippine Peso = 0.01967 United States Dollar
1 Philippine Peso = 0.57699 Uruguayan New Peso
1 Philippine Peso = 158.89873 Uzbekistan Sum
1 Philippine Peso = 0.19617 Venezuelan Bolivar
1 Philippine Peso = 446.39136 Vietnam Dong
1 Philippine Peso = 2.10089 Vanuatu Vatu
1 Philippine Peso = 0.05108 Samoa Tala
1 Philippine Peso = 10.98368 CFA Franc (BEAC)
1 Philippine Peso = 0.0531 East Caribbean Dollar
1 Philippine Peso = 10.988 CFA Franc (BCEAO)
1 Philippine Peso = 1.98682 Pacific Franc
1 Philippine Peso = 4.91504 Yemen Riyal
1 Philippine Peso = 0.2763 South African Rand
1 Philippine Peso = 102.05507 Zambian Kwacha
1 Philippine Peso = 7.11701 Zimbabwe dollar

Mine, mine, mine! Miners all...

The Mining Industry Coordinating Council (MICC) is hard pressed to find much wrong with  open pit surface mining.   “Doable and lucrative”--describes open pit surface mining, according to MICC.    If the MICC succeeds in putting enough influence, pressure, arm-twisting, etc. on Natural Resources Secretary Roy Cimatu, open pit mining  will be A-OK again for DENR.   MICC cannot possibly police mines since it has for its leader a lawyer with full sympathy for mine owners.  Also, MICC co-chair is Finance Secretary Carlos G. Dominguez,  who from all indications sees no wrong in these  local mining ethics. 

Larry Heradez, head of the Mines & Geosciences Bureau’s legal division is in tune with MICC.  Heradez was part of a team that reviewed those Gina Lopez policy orders suspending illegally operating mines.   Among those that Heradez reviewed were the cancellation of 75 contracts of undeveloped mines to protect watersheds.   Heradez:  “Some of the 75 contracts may still be canceled; not because the projects are within watersheds,  but because of possible violations, like non-payment of taxes and non-implementation of work program.”  Heradez sees mining activities in watersheds acceptable, as long as taxes are paid and work programs (?)  are implemented.  Did he ask, para que these  watersheds?  Are watersheds useful?

Mining veteran and ex-banker Gerard Brimo, president and chief executive officer of Nickel Asia Corp. is new chair of  Chamber of Mines of the Philippines (COMP) to lead the mining industry in navigating a challenging regulatory environment.  COMP struggles with the definition of “responsible mining” (Philippine Mining Act).  Owners are mandated to  “set up a rehabilitation fund to make the mine area as  productive after all ores are extracted.”   There is not enough money in the pocket of an owner to effectively  rehabilitate any open pit mine such as those poisoned pits sitting all over the Philippines today.  How does one rehabilitate a poisoned open pit?   Poisoned pits  are historically abandoned to poison Filipinos for centuries.   COMP  vice chairs are Gilberto Teodoro, defense chief during the Macapagal-Arroyo regime and now chair of Sagittarius Mines; Jose Leviste Jr., chair of Oceana Gold Philippines.  

Excerpt from Alyansa Tigil Mina (ATM):  “Mining will permanently change the physical and ecological landscape of an area. The same mining tenement has a river, a forest, or in a fragile island-ecosystem.  The same mine facilities are impacting the coastal areas for fishers and the irrigation for farmers.  The same mine project is within ancestral domains, and therefore require Free, Prior and Informed Consent (FPIC) from indigenous communities.  The same mining project introduces environmental, social and political impacts. 

“To reduce the mining audit to a ‘technical exercise’ and the mining industry as an ‘economic driver’ sans the social and environmental safeguards, defeats the purpose of establishing what is a ‘responsible mine’.  This reveals the hollowed and minimal understanding of the mining industry and how to implement ‘responsible mining’.  This is not the path to social justice....”

Open pit surface mining’s business maneuvering serves Team Miners’ mission.  While this bunch recognizes  the money-making potential  of open pit mining, the environment and people’s communities around open pits will suffer unspeakable punishment.  Open pit is horrendous beyond words.

Once this Team Miners  has completed its review of all previous policy orders and made recommendations to neglect  watersheds, they will be submitted to Environment Secretary Roy Cimatu, who then “can revise or amend or supersede.  With the advice and consent of mine owners?   Cimatu  has been taking a slow approach towards mining; what to do about the mining operations and contracts ordered closed, suspended or canceled.   A  former military chief, Cimatu told media it was possible to “strike a balance between mining and natural resources.”  Mining vs natural resources!   A diametrically opposing missions seeing the unmoderated greed of certain mine owners. The people are hoping that Cimatu would go  after such miners who operate illegally for increased profit in rural and mountainous areas, affect farmlands, mangroves, rivers, and shorelines where the poor live and engage in livelihood – farmers, indigenous peoples, and subsistence fishermen.

Data from the Mines and Geosciences Bureau (MGB) revealed that the total metallic production value grew by P2.08 billion in the first six months of the year, from P48.73 billion in the same period in 2016 to P50.81 billion.   “Gold price was on the upswing in the first half particularly due to strong investment demand.”  The yellow metal was upbeat at US$1,238.46 per troy ounce in the first half, from US$1,217.85 per troy ounce year-on-year, a US$20.61 increase.   Masbate Gold Project of Filminera Mining Corporation & Philippine Gold Processing and Refining Corporation in Bicol Province as well as OceanaGold Philippines, Inc. in Cagayan Province were the country’s major gold producers.

All these upswings in production and income!  Still,  Filipino soil handlers inside mines are left with coins after paying the company sari-sari store.  Their families still eating two meals a day.  Irresponsible illegal mine owners privatize benefits and socialize costs.   

***

Dahliaspillera@yahoo.com
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