The Caraga minerals industry has upheld its commitment to protect the environment and implement initiatives to enhance nature as it continues to fuel economic growth. For CY 2019, the Mines and Geosciences Bureau Regional Office No. XIII has recorded a total amount of PhP2,605,357,379.00 spent by mining companies in the region for the implementation of the Annual Environmental Protection and Enhancement Program (AEPEP). The AEPEP is in compliance with Section 171 of DENR Administrative Order No. 2010-21, the Implementing Rules and Regulations of Republic Act 7942 or the Philippine Mining Act of 1995, wherein a mining company shall allocate for its annual environment-related expense a percentage which may approximate a minimum of three to five percent (3-5%) of its direct mining and milling costs depending on the environment/geologic condition, nature and scale of operations and technology employed. Based on MGB Memorandum Circular No. 2018-02, the AEPEP is divided into seven continue reading : Caraga minerals industry spent P2.6B for 2019 Environmental Protection and Enhancement Program
