By ALFREDO P HERNANDEZ
JOSE Panganiban Mayor Ricarte Padilla is pushing his
municipality to be declared a mineral reservation area to benefit from its gold
and iron resources through the royalty system.
Padilla said if the LGU is given the authority to manage its
own iron and gold deposits, it could lead to the creation of an integrated
steel industry situated at the 30-hectare economic zone at Baranggay Larap.
The mayor pitched the idea in a recent letter to Executive
Secretary Paquito N Ochoa Jr, informing him that Jose Panganiban hosts huge
deposits of gold and iron.
“Our municipality was once the host of the Philippine Iron
Mines (PIM), once known as the largest iron ore producer in the country.
“Our iron ore deposits are measured in millions of metric
tons and we are considering on capitalizing on this fact by soon establishing
an integrated steel manufacturing plant at our special economic zone at
Baranggay Larap.
Padilla said that the municipality had been the host of the
now-defunct Benguet Gold Mining Company.
Likewise, “we continue to host various large and small-scale
gold mining entities, a manifestation of the richness of our gold deposits”.
The Philippines ’s
only Filipino-owned gold miner, the Johson Gold Mining Corporation, operates in
Jose Panganiban’s gold district at Baranggay Bagong-Bayan outside the town.
Padilla told Ochoa that “we are solidly for the
establishment of a mineral reservation as we foresee added local revenues
through our share of royalties”.
“We just hope that our municipality is included in the
creation of a mineral reservation, and be invited in the consultation on the
determination of the rate of royalties.”
Padilla said that his government has appealed to President
Noynoy Aquino for the declaration of Jose Panganiban as a mineral reservation.
He said that a similar appeal was brought to the attention
of Senate President Juan Ponce Enrile and the Lower House through Congressman
Renato J. Unico, Jr.
Padilla said that in the same appeal, “we brought up the
idea that the LGU be given the authority to our vast iron and gold resources,
leading to the establishment of an integrated steel industry in Larap”.
30
No comments:
Post a Comment