Philippine gold mine to pay huge fine for waste spill
Published on Jan 16, 2013 3:31 PM
MANILA (AFP) - The Philippines' largest gold miner will pay a record fine of 1.034 billion pesos (S$30.8 million) for a waste spill after the government refused a petition to waive the penalty, officials said on Wednesday.
Philex Mining will also work with the official Mines and Geosciences Bureau to clean up the spill so that the mine concerned can resume operations by the second half of this year, a Philex official said.
The company's main mining site in the northern mountain district of Padcal suffered a spill of mine waste or "tailings" in August after the area was hit by two powerful typhoons. The mine's operations have since been suspended.
The company had asked the bureau waive the charge, saying it had not been remiss in maintaining the pond that held the tailings.
To continue reading, log in if you are a subscriber
Enjoy 2 weeks of unlimited digital access to The Straits Times. Get your free access now!