AngMinero
  • Home
  • News
  • Features
  • Business
No Result
View All Result
AngMinero
  • Home
  • News
  • Features
  • Business
No Result
View All Result
AngMinero
No Result
View All Result
Home Business

Miners redirect P260-M social program funds for COVID-19 relief operations

AngMinero News by AngMinero News
May 5, 2020
in Business, News
27 1
0
A likely change in PH mining policy will allow fair revenue-sharing between gov’t and mining contractors
84
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter

Various mining companies have realigned their respective Social Development and Management Program (SDMP) funds for their coronavirus disease 2019 (COVID-19) response efforts, amounting to P260 million.

According to a report, these companies are Nickel Asia Corp., Platinum Group Metals Corp., Philex Mining Corp . , Lepanto Consolidated Mining Co., Marcventures Mining & Dev’t. Corp., TVI Resource Dev’t. (Phils.), Inc., Eramen Minerals, Inc., Filminera Resources Corp. & Phil. Gold Processing & Refining Corp., CTP Construction & Development Corp., Carrascal Nickel Corp., Sagittarius Mines, Inc., and Silangan Mindanao Mining Co.

Out of the P260 million , P203.17 million was already on their respective COVID-19 efforts, according to Chamber of Mines of the Philippines’ (COMP) data.

These funds were used for the procurement of personal protective equipment (PPEs), health supplies and goods, relief goods, and food packages to 43,403 frontliners and 578,449 households, based on the Mines and Geosciences Bureau’s (MGB) data.

The SDMP funds were supposed to be used for development and implementation of community programs, projects and activities for the host and neighboring communities of a mining project.

 

Tags: miners

Related Posts

Celsius Advances Benguet Copper-Gold Project, Eyes 2027 Output
News

High-Grade Drills and Water Clearance Push Celsius Resources’ Kalinga Copper-Gold Project Forward

September 16, 2025
Mining Ownership Transparency Strengthened Under SEC-DOF Agreement
News

Mining Ownership Transparency Strengthened Under SEC-DOF Agreement

September 16, 2025
Mining Fiscal Regime Overhaul Awaits Marcos’ Signature, Promises Predictability for Investors and Higher Revenues for Government
News

Four Mining Giants Showcase Industry’s Legacy at Baguio Charter Day Exhibit

September 15, 2025
OceanaGold projects increased gold production at Didipio Mine
News

Mine Rehab Costs Drop from PHP 3.5M Hectare to PHP 1.3M Hectare as OceanaGold Adopts New Ecological Approach

September 15, 2025
DENR-MGB Issues Critical Warning on Landslide and Flood Risks Amid Heavy Rains
News

14 New Mineral Lands Under Review by 2026 to Boost Mining Growth

September 12, 2025
Mining Fiscal Regime Overhaul Awaits Marcos’ Signature, Promises Predictability for Investors and Higher Revenues for Government
News

Yamang Minerals Ordered to Halt Abra Operations Over Indigenous Consent Violations

September 12, 2025

FEATURED POST

Celsius Advances Benguet Copper-Gold Project, Eyes 2027 Output

High-Grade Drills and Water Clearance Push Celsius Resources’ Kalinga Copper-Gold Project Forward

September 16, 2025
Mining Ownership Transparency Strengthened Under SEC-DOF Agreement

Mining Ownership Transparency Strengthened Under SEC-DOF Agreement

September 16, 2025
Mining Fiscal Regime Overhaul Awaits Marcos’ Signature, Promises Predictability for Investors and Higher Revenues for Government

Four Mining Giants Showcase Industry’s Legacy at Baguio Charter Day Exhibit

September 15, 2025
OceanaGold projects increased gold production at Didipio Mine

Mine Rehab Costs Drop from PHP 3.5M Hectare to PHP 1.3M Hectare as OceanaGold Adopts New Ecological Approach

September 15, 2025

EDITOR PICK'S

High-Grade Drills and Water Clearance Push Celsius Resources’ Kalinga Copper-Gold Project Forward

September 16, 2025

Mining Ownership Transparency Strengthened Under SEC-DOF Agreement

September 16, 2025

Four Mining Giants Showcase Industry’s Legacy at Baguio Charter Day Exhibit

September 15, 2025

Mine Rehab Costs Drop from PHP 3.5M Hectare to PHP 1.3M Hectare as OceanaGold Adopts New Ecological Approach

September 15, 2025

14 New Mineral Lands Under Review by 2026 to Boost Mining Growth

September 12, 2025

Yamang Minerals Ordered to Halt Abra Operations Over Indigenous Consent Violations

September 12, 2025

#AralLakbay Launched: Nickel Asia and CANVAS Bring Climate Lessons to Children

September 9, 2025

Recent News

Celsius Advances Benguet Copper-Gold Project, Eyes 2027 Output

High-Grade Drills and Water Clearance Push Celsius Resources’ Kalinga Copper-Gold Project Forward

September 16, 2025
Mining Ownership Transparency Strengthened Under SEC-DOF Agreement

Mining Ownership Transparency Strengthened Under SEC-DOF Agreement

September 16, 2025

Category

  • Business
  • Features
  • News
  • Uncategorized

Follow us

  • Setup menu at Appearance » Menus and assign menu to Footer Navigation

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.

No Result
View All Result

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.

Login to your account below

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In