OceanaGold allocates P8M for CSR projects


BAYOMBONG, Nueva Vizcaya: Oceana–Gold Philippines Inc. has allocated P8 million for community development around its Didipio Gold Mine in the mineral-rich town of Kasibu for the first quarter of this year.

The company’s community partnership superintendent Librado Villamayor said they are working together with their host communities in implementing tsocial development programs.

Villamayor said 62 percent of the amount was spent for various infrastructure projects in and around the village of Didipio in Kasibu.

He said P5 million were used to construct farm to market road, health centers, barangay multipurpose hall, hanging bridges and water system upgrades.

According to Villamayor, about P2 million were also utilized in Human Resource Development and Capacity Buildings (HRDCB) which include logistical support for the conduct of community assemblies, training on good governance, a social development management plan (SDMP) assessment and planning workshops with local government units.

For education, sports and socio-cultural, health, enterprise development and agriculture projects, Villamayor said they have allotted P2 million collectively.

“Most of the SDMP projects are carried over from 2013; our projects and programs are funded through [SDMP] and company commitment,” Villamayor said.

To provide better programs and projects, he said, they have conducted planning and consultation process for the new SDMP fund management scheme and implementation guidelines for the company and community beneficiaries which will take effect immediately.

Villamayor said that under the Philippine mining policy, mining contractors and permit holders are required to allot a minimum of 1.5 percent of their operating cost for social development to meet the minimum basic needs of mining communities and enhance human welfare.

“OceanaGold’s development programs aim not only to bring physical progress to our host and neighboring communities but most importantly to create long lasting positive partnership,” he said.

Villamayor said company commitment funded projects include localized corporate social responsibility programs and on top of the SDMP funds which also includes the scholarship programs and road concreting projects.


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