Benguet Nickel Mines Inc. (BNMI) Ushers in Holiday Season to Sta.Cruz communities via various Donations
November 6, 2014
The holiday season surely came early for the communities in Sta. Cruz, Zambales with the donations extended by one of the major nickel mine operators in the province, Benguet Nickel Mines Inc. (BNMI).
BNMI, a wholly-owned subsidiary of 111 year old Benguet Corporation, the country’s oldest mining company, has been operating a nickel mine in the Sta. Cruz town of Zambales since 2011.
SEVEN MONTHS AFTER: GUIUAN'S ROAD TO RECOVERY AND THE WORK THAT LIES AHEAD
July 14, 2014
LAST Wednesday I returned to Guiuan for the first time since late January via a different route – taking a commercial flight to Cebu and then getting on a helicopter for the one-hour flight across Leyte and Leyte Gulf. I have to say that the experience of traveling by helicopter was a joy. I also have to say that seeing Guiuan again was both a joy and a pain.
A joy, because from the air it was very obvious that many – if not most – of the houses and buildings that had lost their roofs were sporting brand new galvanized iron sheeting. This is obviously good, because the rainy season is upon us, and you can imagine the inconvenience (at the very least) of having to sleep with nothing but the sky for your blanket because you literally have no roof over your head.
Philippine Mining Industry Marks 20M Tree Milestone
Miners achieve target 20 million trees planted within 3 years; reaffirms commitment as the country’s largest industrial forester on Arbor Day 2014
June 30, 2014
Quezon City, NCR / 25 June 2014 – In honor of the Philippine observance of Arbor Day 2014, and further to Presidential Proclamation No. 643 enjoining both public and private sectors in planting trees for a healthier ecosystem, the Chamber of Mines of the Philippines (COMP) and its member-companies commemorated the planting of the local mining industry’s landmark 20-millionth tree since 2011. The observance was held at the COMP-supported Lungsod Kalikasan area at the Ninoy Aquino Parks and Wildlife in Quezon City. Some 150 key officers, company associates and industry stakeholders joined the affair.
Proposed MICC tax increase will kill legitimate mining industry and have negative economic effect
June 2, 2014
The new revenue sharing policy being proposed by the MICC will have a negative effect to government revenues and will render future legitimate mining projects uncompetitive and therefoe unfunded says, CoMP.
The Philippine mining industry currently pays one of the highest tax rates in the world. The MICC proposal to impose more taxes will negatively impact one of the country’s strategic economic potentials rendering Philippine mining projects uncompetitive and killing an industry that directly supports 250 thousand families with a multiplier factor that has benefited millions of Filipinos.
TO INCREASE GOVT SHARE, NO NEED TO RAISE TAXES, JUST MAXIMIZE BENEFIT STREAMS FROM MINING
Chamber of Mines suggests options to increase government take from mining projects
May 29, 2014
“If government wants a bigger take from mining, there are many other options it can explore before increasing the tax on mining, which is a step that will likely kill the industry: it can encourage local investment and development linkages to supply and interconnect with mining projects. It can revive idle or abandoned mines to generate new employment and revenues. Most importantly, it can (and should) enforce taxation of small-scale mining projects and non-metallic or quarry operations for stones and sand and gravel. Any of these options will result in increased revenues for government without imposing an additional burden on an already heavily-taxed industry,” said Ronald Recidoro, Vice President for Policy of the Chamber of Mines of the Philippines.
For more videos, please visit our youtube page
Working with Nature: Mining & Biodiversity
The theme for this year’s photo contest is “WORKING WITH NATURE: Mining and Biodiversity” – photographs showing activities, events, objects, or scenery illustrating that mining and biodiversity can co-exist in protecting and enhancing the environment, and showing that productive and sustainable co-existence takes place in the mining areas’ environment; photographs that tell us what responsible mining is and provide a sense of what it is like to live in an area where mining companies operate.
In a motion filed in June 19, 2013 with the Supreme Court, the Chamber of Mines of the Philippines (COMP) -- represented by former Chief Justice Reynato Puno and former Supreme Court Associate Justice Vicente Mendoza -- is asking the high tribunal’s permission to intervene in two petitions again challenging the constitutionality of the Mining Act of 1995.