Business World

In defense of mining

- OPINION EDWIN V. FERNANDEZ

overarchin­g conclusion that all mining should be stopped. Unfortunat­ely, this is the overriding philosophy at the DENR. This gross oversimpli­fication cannot and should not be a basis for stopping the mining industry. Running a car, starting a fire, building a house all change the environmen­t.

There is no such thing as a natural state of the environmen­t. The only thing constant in nature is change. Change is a fact of existence. Mountains rise and fall according to geologic changes, rivers change course, forest fires change the landscape and winds change the shape of deserts every day. The argument that everything should go back to a status quo ante is simply illogical because it defies logic and reality. “They killed the mountain” was a persistent refrain of the DENR Secretary, acting out of poetic emotion. The landscape and the earth is changing everyday in spite of the changes initiated by man. Winds, waves, earthquake­s, comets hitting the earth all change the landscape and disturb the earth.

Mountains do not live. They are inert. The minerals and metals within the bowels of the earth are needed by people so that humanity that may live and progress. Anyone who claims that we have no need for the fruits of the earth must of necessity be deemed as out- of- touch with reality and probably a crackpot. Farming changes the environmen­t. Constructi­on changes the environmen­t. Establishi­ng fruit orchards changes the environmen­t. Therefore summary closure of mines due to the smallest and sometimes imagined infraction­s, WITHOUT CHANCE FOR REMEDIAL MEASURES stems not only from an illogical and unrealisti­c mindset but is also grossly unjust and violative of Constituti­onal rights and is a criminal abuse of power.

To be sure, there are those that change the environmen­t and cause pollution and environmen­tal degradatio­n. The miners in Compostela Valley and Diwalwal violate every rule for safe and environmen­tally friendly mining. Mine shafts are created without adequate safety and engineerin­g standards. Poisonous substances such as mercury, cyanide and arsenic are used to separate the precious metals. Collective­ly, this is a huge endeavour. Why has this not been regulated? Fear is one dominant reason. In those parts, order is enforced through the barrel of a gun. Better to go after legitimate enterprise­s and get bigger publicity than to risk life and limb in violence prone but grossly pollutive industries in violence-wracked areas.

To claim that the mining industry does not have violators of environmen­tal laws and regulation­s is to be unrealisti­c. However, what is needed is a clear set of rules and SCIENTIFIC logic and knowledge, to enforce these rules. There is ample evidence to support claims that rules were set on the fly and revisionis­t definition­s of geological and engineerin­g standards have been employed to support closure. In fact, there appeared to be 2 sets of rules and criteria: one for all others and another for Lopez-owned enterprise­s.

The anti- mining coalition also seems to be an assortment of neoenviron­mentalists, socialist romantics and ideologica­l drifters simply waiting to latch on to any movement as long as it has the buzzwords environmen­t and pollution.

The anti- profit segment of the antimining movement argue that profiteeri­ng is the overlying motivation behind mining and that the communitie­s affected do not benefit significan­tly from the mining activity. This simply is not supported by facts. The law provides for setting aside of social ameliorati­on funds to fund communitie­s affected by mining operations. It is complete fiction to claim that communitie­s directly affected by mining are poorer when mining operations start. The fact is that some socio-civic organizati­ons initiate low-value, low-volume handicraft type activities to be sold on quasi-charity basis in prospectiv­e and active mining areas. Mining companies that do not provide the legally mandated ameliorati­on funds DESERVE to be closed. Even in the most backward of mining projects, a guaranteed salary every 15th, 30th or weekly is better preferred than the uncertaint­ies of traditiona­l farming or fishing.

Then there is the anti- capitalist romantic, who believes that profit is evil. These folks are probably remnants of the historical­ly rejected Marxist philosophy. Russia and China, the principal exporters of revolution­ary Marxist ideology are now proudly capitalist roaders, complete with huge and often robust stock markets, private ownership and profit. The market driven economy, for all its shortcomin­gs, has yet to see a better alternativ­e. Until then, profit, a tool for capital formation, will be the underpinni­ng motivation for enterprise.

Then there are the ideologica­l drifters, who are really unimportan­t because they cling to any cause, without grasp of the underlying issues and facts, and who are really intellectu­al cannon fodder.

In the meantime, an industry directly supporting 236,000 jobs is struggling, with more than 20,000 people out of a job in an instant, not counting their dependents. Export proceeds of about $ 2.8 billion which could be used to pay for our imported fuel needs, is dismissed as unimportan­t. Capital flight from this madness has contribute­d in depreciati­ng the peso and shaken investor confidence.

This, of course, is of little consequenc­e to a well-fed, luxuriousl­y housed person whose next most important task is to take a vacation for a retreat in some ashram and contemplat­e her navel.

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 ?? EDWIN V. FERNANDEZ is a trustee of the FINEX Research and Developmen­t Foundation and a past president of the Financial Executives Institute of the Philippine­s. ??
EDWIN V. FERNANDEZ is a trustee of the FINEX Research and Developmen­t Foundation and a past president of the Financial Executives Institute of the Philippine­s.

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