June 25, 2018, 12:02 am
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1 Philippine Peso = 0.06901 UAE Dirham
1 Philippine Peso = 2.02912 Albanian Lek
1 Philippine Peso = 0.03401 Neth Antilles Guilder
1 Philippine Peso = 0.5072 Argentine Peso
1 Philippine Peso = 0.02524 Australian Dollar
1 Philippine Peso = 0.03345 Aruba Florin
1 Philippine Peso = 0.03758 Barbados Dollar
1 Philippine Peso = 1.57159 Bangladesh Taka
1 Philippine Peso = 0.03155 Bulgarian Lev
1 Philippine Peso = 0.00712 Bahraini Dinar
1 Philippine Peso = 32.90079 Burundi Franc
1 Philippine Peso = 0.01879 Bermuda Dollar
1 Philippine Peso = 0.02526 Brunei Dollar
1 Philippine Peso = 0.1289 Bolivian Boliviano
1 Philippine Peso = 0.07111 Brazilian Real
1 Philippine Peso = 0.01879 Bahamian Dollar
1 Philippine Peso = 1.28053 Bhutan Ngultrum
1 Philippine Peso = 0.19402 Botswana Pula
1 Philippine Peso = 376.17437 Belarus Ruble
1 Philippine Peso = 0.03754 Belize Dollar
1 Philippine Peso = 0.02493 Canadian Dollar
1 Philippine Peso = 0.01856 Swiss Franc
1 Philippine Peso = 11.99061 Chilean Peso
1 Philippine Peso = 0.12218 Chinese Yuan
1 Philippine Peso = 54.75385 Colombian Peso
1 Philippine Peso = 10.57591 Costa Rica Colon
1 Philippine Peso = 0.01879 Cuban Peso
1 Philippine Peso = 1.77772 Cape Verde Escudo
1 Philippine Peso = 0.41526 Czech Koruna
1 Philippine Peso = 3.33615 Djibouti Franc
1 Philippine Peso = 0.12016 Danish Krone
1 Philippine Peso = 0.92728 Dominican Peso
1 Philippine Peso = 2.1963 Algerian Dinar
1 Philippine Peso = 0.25225 Estonian Kroon
1 Philippine Peso = 0.33484 Egyptian Pound
1 Philippine Peso = 0.51146 Ethiopian Birr
1 Philippine Peso = 0.01612 Euro
1 Philippine Peso = 0.03918 Fiji Dollar
1 Philippine Peso = 0.01416 Falkland Islands Pound
1 Philippine Peso = 0.01417 British Pound
1 Philippine Peso = 0.08979 Ghanaian Cedi
1 Philippine Peso = 0.87956 Gambian Dalasi
1 Philippine Peso = 169.07178 Guinea Franc
1 Philippine Peso = 0.14072 Guatemala Quetzal
1 Philippine Peso = 3.87599 Guyana Dollar
1 Philippine Peso = 0.14741 Hong Kong Dollar
1 Philippine Peso = 0.44878 Honduras Lempira
1 Philippine Peso = 0.11882 Croatian Kuna
1 Philippine Peso = 1.24803 Haiti Gourde
1 Philippine Peso = 5.23224 Hungarian Forint
1 Philippine Peso = 264.43067 Indonesian Rupiah
1 Philippine Peso = 0.06764 Israeli Shekel
1 Philippine Peso = 1.27568 Indian Rupee
1 Philippine Peso = 22.24728 Iraqi Dinar
1 Philippine Peso = 798.38407 Iran Rial
1 Philippine Peso = 2.03119 Iceland Krona
1 Philippine Peso = 2.45509 Jamaican Dollar
1 Philippine Peso = 0.01333 Jordanian Dinar
1 Philippine Peso = 2.06417 Japanese Yen
1 Philippine Peso = 1.89121 Kenyan Shilling
1 Philippine Peso = 1.28183 Kyrgyzstan Som
1 Philippine Peso = 76.00526 Cambodia Riel
1 Philippine Peso = 7.92522 Comoros Franc
1 Philippine Peso = 16.91094 North Korean Won
1 Philippine Peso = 20.86622 Korean Won
1 Philippine Peso = 0.00568 Kuwaiti Dinar
1 Philippine Peso = 0.01541 Cayman Islands Dollar
1 Philippine Peso = 6.38595 Kazakhstan Tenge
1 Philippine Peso = 158.00451 Lao Kip
1 Philippine Peso = 28.292 Lebanese Pound
1 Philippine Peso = 2.98572 Sri Lanka Rupee
1 Philippine Peso = 2.74709 Liberian Dollar
1 Philippine Peso = 0.25254 Lesotho Loti
1 Philippine Peso = 0.05728 Lithuanian Lita
1 Philippine Peso = 0.01166 Latvian Lat
1 Philippine Peso = 0.02548 Libyan Dinar
1 Philippine Peso = 0.1786 Moroccan Dirham
1 Philippine Peso = 0.3177 Moldovan Leu
1 Philippine Peso = 0.98891 Macedonian Denar
1 Philippine Peso = 25.98647 Myanmar Kyat
1 Philippine Peso = 45.97896 Mongolian Tugrik
1 Philippine Peso = 0.15183 Macau Pataca
1 Philippine Peso = 6.67042 Mauritania Ougulya
1 Philippine Peso = 0.65295 Mauritius Rupee
1 Philippine Peso = 0.29256 Maldives Rufiyaa
1 Philippine Peso = 13.4053 Malawi Kwacha
1 Philippine Peso = 0.37584 Mexican Peso
1 Philippine Peso = 0.07518 Malaysian Ringgit
1 Philippine Peso = 0.25239 Namibian Dollar
1 Philippine Peso = 6.72679 Nigerian Naira
1 Philippine Peso = 0.59207 Nicaragua Cordoba
1 Philippine Peso = 0.15205 Norwegian Krone
1 Philippine Peso = 2.03401 Nepalese Rupee
1 Philippine Peso = 0.02719 New Zealand Dollar
1 Philippine Peso = 0.00723 Omani Rial
1 Philippine Peso = 0.01879 Panama Balboa
1 Philippine Peso = 0.06134 Peruvian Nuevo Sol
1 Philippine Peso = 0.0609 Papua New Guinea Kina
1 Philippine Peso = 1 Philippine Peso
1 Philippine Peso = 2.28222 Pakistani Rupee
1 Philippine Peso = 0.06966 Polish Zloty
1 Philippine Peso = 106.55769 Paraguayan Guarani
1 Philippine Peso = 0.06839 Qatar Rial
1 Philippine Peso = 0.07509 Romanian New Leu
1 Philippine Peso = 1.18236 Russian Rouble
1 Philippine Peso = 15.96073 Rwanda Franc
1 Philippine Peso = 0.07046 Saudi Arabian Riyal
1 Philippine Peso = 0.1479 Solomon Islands Dollar
1 Philippine Peso = 0.25235 Seychelles Rupee
1 Philippine Peso = 0.33738 Sudanese Pound
1 Philippine Peso = 0.16635 Swedish Krona
1 Philippine Peso = 0.02551 Singapore Dollar
1 Philippine Peso = 0.01417 St Helena Pound
1 Philippine Peso = 0.41725 Slovak Koruna
1 Philippine Peso = 149.94363 Sierra Leone Leone
1 Philippine Peso = 10.72905 Somali Shilling
1 Philippine Peso = 394.98309 Sao Tome Dobra
1 Philippine Peso = 0.16441 El Salvador Colon
1 Philippine Peso = 9.67644 Syrian Pound
1 Philippine Peso = 0.25202 Swaziland Lilageni
1 Philippine Peso = 0.61856 Thai Baht
1 Philippine Peso = 0.04882 Tunisian Dinar
1 Philippine Peso = 0.04333 Tongan paʻanga
1 Philippine Peso = 0.08786 Turkish Lira
1 Philippine Peso = 0.12682 Trinidad Tobago Dollar
1 Philippine Peso = 0.56924 Taiwan Dollar
1 Philippine Peso = 42.63435 Tanzanian Shilling
1 Philippine Peso = 0.49267 Ukraine Hryvnia
1 Philippine Peso = 72.51597 Ugandan Shilling
1 Philippine Peso = 0.01879 United States Dollar
1 Philippine Peso = 0.59451 Uruguayan New Peso
1 Philippine Peso = 147.50094 Uzbekistan Sum
1 Philippine Peso = 1499.4363 Venezuelan Bolivar
1 Philippine Peso = 430.10147 Vietnam Dong
1 Philippine Peso = 2.07159 Vanuatu Vatu
1 Philippine Peso = 0.0488 Samoa Tala
1 Philippine Peso = 10.56614 CFA Franc (BEAC)
1 Philippine Peso = 0.05073 East Caribbean Dollar
1 Philippine Peso = 10.56614 CFA Franc (BCEAO)
1 Philippine Peso = 1.92165 Pacific Franc
1 Philippine Peso = 4.69466 Yemen Riyal
1 Philippine Peso = 0.25241 South African Rand
1 Philippine Peso = 97.51033 Zambian Kwacha
1 Philippine Peso = 6.80008 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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