RE: RE: T BoliIllegal mining activities rising in S CotabatoBy Marianne V. Go(The Philippine Star) Updated February 10, 2012
According to Estrada, a possible large-scale mining moratorium in South Cotabato, high gold prices and the denial of the Environmental Compliance Certificate (ECC) application for the proposed $5.9 billion Tampakan mining project are hurting the local government’s fight against illegal mining activities.
“Financiers of these illegal activities are using the ECC denial issue and the mining moratorium to convince residents to work for illegal small-scale mining activities,” Estrada said.
Estrada added that it is not helping that the buying rate for gold in Tampakan is relatively enticing considering the lack of enough livelihood opportunities “in the hills”.
According to reports, the gold buying rate in Tampakan is at least P1,800 per ounce.
“We all know that these illegal small-scale activities pose more danger to the community and the environment,” Estrada said.
Complete article:https://208.184.76.175/Article.aspx?articleId=775895&publicationSubCategoryId=66
P1.800 per once = 42 US$
I hope, in the next time, a lot of illegal gold miners will work for Tribal Mining and I hope, they earn enough money to supply their families well.