Pakistan monsoon death toll rises to 299, including 140 children    Saudi Arabia issues new regulations for food laboratory operations    Saudi Tourism Ministry launches e-service to boost accommodation capacity in Makkah and Madinah for Hajj 1447    Four health colleges rank lowest in 2025 national licensure exam results    SABIC posts $1.41 billion loss in H1 2025 on UK plant closure, restructuring costs    OPEC+ to boost oil output by 547,000 bpd in September    Foreign direct investment nets SR1.9 billion in Saudi stock market for July    Saudi, Iraqi justice ministers sign cooperation agreement in Riyadh    Palestine Red Crescent says Israeli strike on Gaza HQ kills worker, injures three    Saudi defender Saud Abdulhamid joins RC Lens on loan from AS Roma    Riyadh Comedy Festival tickets now on sale for world's biggest stand-up event    Flash floods, landslides kill 8 in northern Vietnam, 3 missing    Canada rejects claims of ongoing arms exports to Israel    Saudi Gazette publishes full text of new foreign property ownership law The law grants non-Saudis broader real estate rights under defined conditions while imposing restrictions in Makkah and Madinah    Sotheby's returns Buddha jewels to India after uproar    Riyadh Film Music Festival returns with live orchestral performances of iconic movie scores    Nissan Formula E Team celebrates a landmark season 11 with proud Saudi sponsor Electromin    Fahad bin Nafel steps down as Al Hilal president after historic six-year run    João Félix unveiled by Al Nassr as €50m move marks bold new chapter in Riyadh    Saudi Arabia approves first Alzheimer's treatment with lecanemab for early-stage patients    Sholay: Bollywood epic roars back to big screen after 50 years with new ending    Ministry launches online booking for slaughterhouses on eve of Eid Al-Adha    Shah Rukh Khan makes Met Gala debut in Sabyasachi    Pakistani star's Bollywood return excites fans and riles far right    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Philippine gold rush
Published in The Saudi Gazette on 28 - 04 - 2011

The gold rush in the Philippines has not made poor people panning rich but has degraded the environment in places where small-time gold panning has become a small-scale industry. With that theme, the Philippine Star newspaper in Manila writes an editorial on the need to regulate the gold-panning industry, particularly in the northern Compostella Valley not only to protect the environment but also the small-scale miners . Excerpts:
There are sure buyers for whatever gold is found in Compostela Valley. Deals are COD (cash on delivery). The cash spells immediate relief from the myriad woes of hand-to-mouth existence. This is one of the biggest reasons for the failure of repeated government efforts to stop dangerous, small-scale, unregulated mining in Compostela since the gold rush in the valley two decades ago.
The gold rush has not brought prosperity to one of the poorest areas in the country. Unregulated mining has also degraded the environment, causing periodic landslides, the latest of which has left over 20 dead or missing in the town of Pantukan. Heavy rains and the deadly landslide are unlikely to deter hordes of people from continuing their search for gold. As long as there are ready buyers and there's profit to be made, the supply will be there.
If the government wants to stop small-scale illegal mining, it should look into the activities of gold buyers. It's the same in other illegal activities: carjackers will not flourish if there are no buyers for hot cars. Those who steal car parts and accessories have ready buyers in places such as auto shops in Banawe, Quezon City.
Fences are as much to blame when robbers kill to take someone else's mobile phone, or when burglars ransack homes for everything from electronic appliances to jewelry and even aluminum ladders. There are fences for copper wires pilfered from power lines and even for metal manhole covers. Most of these fences should be known to police officers, who are supposed to familiarize themselves with their areas of assignment.
In the small community of Compostela, it shouldn't be too difficult to identify the buyers of gold extracted by small-scale miners. If the government wants to prevent people from putting themselves at grievous risk by digging for gold, it should regulate the activities of gold buyers.
__


Clic here to read the story from its source.