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Essay On Mining In The Philippines

741 Words3 Pages

The Philippines, in wide contrast to its status as a third world country, is probably among the richest countries in the world when it comes to minerals and resources. The country is known to be the fifth richest in minerals and is home to the biggest copper-gold deposit in the world. The Philippine Mining Act of 1995 paved the path for foreign ownership of mining assets and permits within the 30 million hectares of land areas in the Philippines deemed to be possible areas for metallic materials. Its mining industry continues to increase in gross production value, even reaching $8 billion of revenue by 2016. As of 2012, around 340,000 Filipinos are directly employed in mining and has generated at least 2 million additional jobs throughout the years.

Since the establishment of Chamber of Mines, an association that aspires to advance the interest of mining and mineral processing companies, mines have been regulated for efficient exploration in harmony with sound economic, environmental and social policies. Through them, mining companies have continued to work together with the Community Technical Working Group (CTWG) in monitoring and evaluating the environmental work …show more content…

Many different types of mines affect many different types of ecosystems. Mining can completely destroy ecosystems by adding or taking out something from the lives of different organisms or animals, disrupting its balance. The environment 's degradation affects people as well. Many of us greatly rely on natural resources for livelihood and everyday living. Our environment also affects our physical health. The contamination of water drives out or kills fishes, making it difficult for fishermen to catch fish. The destruction or pollution of land makes it difficult for farmers to grow and harvest crops. The bad quality of air brought about by mining activities degrades the health of the people residing in those

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