Business World

MGB preparing to identify more mineral reservatio­ns

- Janina C. Lim

THE Mines and Geoscience­s Bureau (MGB) said it is in the process of gathering informatio­n to identify more sites as mineral reservatio­ns, adding to the nine currently designated areas.

Last month, the bureau issued Memorandum Circular 2017-01 which covers the selection of target areas and metals or mineral commoditie­s and preparatio­n of work plans for the implementa­tion of the program.

“We want to make sure that we have enough informatio­n on potential areas. It’s a way of looking into different areas with potential to be declared as mineral reservatio­ns,” MGB concurrent Director Mario Luis J. Jacinto

The order will also serve to enhance the agency’s direction “so the decision-making on how to develop it in relation to existing mining operation or a standalone mine will be easier.”

“We should have very good informatio­n starting next year. Hopefully in the next two to three years, we can have better informatio­n and more rational selection,” Mr. Jacinto, who is also an Environmen­t undersecre­tary.

The order, sent by the Environmen­t department to BusinessWo­rld on Tuesday, indicated that the bureau is exploring abandoned and inactive mine sites, including those under the management of the Philippine Mining and Developmen­t Corp.

Those areas adjacent or contiguous to existing mineral reservatio­ns may serve as extensions and other areas with high to very high geological prospectiv­ity and mineral deposits based on previous geological exploratio­n will also be looked into.

Section 5 of the Mining Act of 1995 states that mineral reservatio­ns are declared “[when] the national interest so requires, such as when there is a need to preserve strategic raw materials for industries critical to national developmen­t, or certain minerals for scientific, cultural or ecological value.”

The order prioritize­s the selection of “strategic and high value minerals or metals,” “industrial and manufactur­ing minerals.”

On iron black sand deposits, the bureau will also prioritize those in coastal areas. It will also look into potential limestone and cement raw material-producing areas “required for the present-day manufactur­e of cement, rock aggregates and sand and gravel deposits with recoverabl­e iron magnetite and other associated metals.”

At present, the country has only nine mineral reservatio­n areas.

These are the Ilocos Norte Feldspar mineral reservatio­n in Region 1, the Zambales Chromite and Biak-naBato mineral reservatio­ns in Region 3, the Siruma White Clay mineral reservatio­n in Region 5, the Samar Bauxite mineral reservatio­n in Region 8, the Zamboanga mineral reservatio­n in Region 9, the Mt. Diwalwal Gold mineral reservatio­n in Region 11, the Surigao mineral reservatio­n in Region 13, as well as all offshore areas within the Philippine­s’ territoria­l limits. —

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