The House Committee on Natural Resources this week approved a bill mandating mining operations in the country to aid communities, Kabataan party-list Representative Raoul Manuel said on Friday.
House Bill 259 - the People’s Mining bill - states that the exploration, development and utilization of natural resources shall comply with the following principles:the mining industry will be geared towards national industrialization and built for the production of raw materials such as base metals, basic chemicals and petrochemicals needed by the basic, medium and heavy industries to produce as much consumer, intermediate and capital goods with the country's stock of finite mineral and...
the state must use local sources such as but not limited to the granting of incentives and financial aid to local private sector investors by rechanneling government budget allocations for foreign debt payments and military expenditures, as well as proceeds from the government shares of the Malampaya natural gas project, among others.
The bill, however, bans mining in prime agricultural lands and prohibits mining corporations, their principals, local firms and conduits that have a bad track record in the Philippines from investing in the country. “This bill aims to ensure that mining operators will be of aid to communities and boost our national industries, instead of destroying the environment and communities,” Manuel said.
The bill’s explanatory note also stated that the share of mining in the gross domestic product is only 0.7%, while its contribution to employment is only 0.6%.
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