Wednesday, August 3, 2016

DMCI Holdings mulls over closing mining sites in Palawan, Zambales



by VG Cabuag - July 31, 2016

DMCI Holdings Inc. said it shut down its nickel-mining operations in two months, saying it could no longer operate under the new administration.
“We could close it [mining operations] down in 60 days,” Isidro Consunji, DMCI’s chairman and president, told reporters last week.
“Should we decide to shut down, I believe, more and more mining companies would follow suit. It is no longer economically viable to operate under this condition, where mining firms are being audited instead of the environmental compliance monitoring group, which was tasked by the government to audit us,” Consunji said.
The conglomerate, through its unit DMCI Mining Corp., has two nickel mining assets: Berong Nickel Corp., which operates sites in Berong, Long Point, Moorsom and Ulugan, all in Palawan, while Zambales Diversified Metals Corp. has a site in Acoje, Zambales.
Both operations, which employ an open pit mining technique in extracting nickel, chromite and iron laterite for exports to China and Japan, were recently suspended by the Department of Environment and Natural Resources for alleged violation of environmental standards.
Such suspensions were the result of Environment Secretary Regina Paz L. Lopez’s ongoing audit of all mining companies in the country.
“The government should be auditing the group that audits us; that’s the very reason this monitoring team is there. They are tasked to monitor environmental compliance among mining firms. The government should not conduct their own auditing,” Consunji said.
As of last week, Lopez, who is vocal on her antimining advocacy, has suspended at least six mining operations. Consunji said it is their mining employees who suffer the most because of the indiscriminate suspension of mining operations by the government.
“We have people working for us, and whenever we are ordered [by the government] to stop our operations, they are the ones who suffer the most and their families. How can they possibly provide for the sustenance of their families if regulators keep on suspending mining firms…the source of their income?” he said.

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