Published January 2, 2021, 11:00 AM by Bernie Cahiles-Magkilat
https://mb.com.ph/2021/01/02/mining-firms-cap-2020-with-p21-m-community-assistance/
A mining and a gold processing firm, working in tandem, capped their P21.8 million Corporate Social Responsibility (CSR) and Social Development and Management Program (SDMP) activities.
In a statement, Filminera Resources Corp. (Filminera) and PhilGold Processing and Refining Corp. (PhilGold) said the assistance was given to close to 2,000 residents (or around 400 families) in San Pablo Baracay, Albay, who were hit by Typhoons Rolly and Ulysses. Hardest hit were 47 homes, which were completely damaged. More than one fourth of these families belong to the indigenous people in the island.
Just before the close of the year 2020, Filminira and PhilGold distributed food packs for a media noche meal, relief goods and one bag of high quality rice and kitchen ware worth close to a million pesos as its first phase of donations. The second phase of donations are set to be released to schools in San Pablo and another community, in partnership with Global Medic.
Since the start of this year, Filminera and PhilGold have donated P21.8 million in financial assistance to communities, frontliners, and government agencies, drawn from their Corporate Social Responsibility (CSR) and Social Development and Management Program (SDMP) funds. This is aside from the P5.2 million donation which helped rebuild damaged houses and distribute relief goods, following the 6.6 magnitude earthquake in Masbate.
The two firms, which operate the Masbate Gold Project in Aroroy, Masbate, have helped develop the town. Filminera holds the mining tenements, surface rights and the mineral production sharing agreement (MPSA), while PhilGold holds a mineral processing permit, and owns as well as operates the processing plant. The erstwhile 4th class town has been reclassified as a first class municipality since the two firms commenced development in 2007.
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