22.02.2015 Views

Mining in the Philippines - Concerns and Conflicts

Mining in the Philippines - Concerns and Conflicts

Mining in the Philippines - Concerns and Conflicts

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

money is not <strong>in</strong>vested <strong>in</strong> ways which directly or <strong>in</strong>directly support irresponsible or damag<strong>in</strong>g m<strong>in</strong><strong>in</strong>g<br />

projects.<br />

5.3 Adequate bonds, commensurate with <strong>the</strong> potential impact of m<strong>in</strong><strong>in</strong>g, should be required to fully<br />

cover potential damage <strong>and</strong> end-of-life environmental <strong>and</strong> social costs. Provisions for m<strong>in</strong>e closure<br />

should adhere to <strong>the</strong> current highest st<strong>and</strong>ards as stated <strong>in</strong> <strong>the</strong> Extractive Industry Review.<br />

6 Company specific recommendations<br />

The FFT discussed a number of cases <strong>in</strong> depth with local impacted communities. Regard<strong>in</strong>g <strong>the</strong><br />

follow<strong>in</strong>g subset of <strong>the</strong>se cases it makes a number of specific recommendations which are <strong>in</strong>cluded <strong>in</strong><br />

<strong>the</strong> f<strong>in</strong>al section of <strong>the</strong> report: Geotechniques <strong>and</strong> M<strong>in</strong>es Inc (GAMI) <strong>in</strong> Midsalip, Zamboanga del Sur,<br />

M<strong>in</strong>danao; TVI Pacific <strong>in</strong> Mt Canatuan, Siocon, Zamboanga del Norte M<strong>in</strong>danao <strong>and</strong> Crew<br />

Development Group <strong>in</strong> Victoria, M<strong>in</strong>doro.<br />

vii

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!