Mining in the Philippines - Concerns and Conflicts
Mining in the Philippines - Concerns and Conflicts
Mining in the Philippines - Concerns and Conflicts
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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 />
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