Sipalay eyes P300M yearly from mining-A A +A
Friday, June 22, 2012
SIPALAY City Mayor Oscar Montilla said the City Government is set to generate at least P300 million in revenues every year as soon as the three mining firms in his locality undertake full operation.
Montilla, who was at the Capitol Thursday, said the three mining firms are presently in the exploration stage.
Aside from the city’s revenues from mining, the full operation of the mines will also translate to thousands of jobs for people from Sipalay and the neighboring localities, Montilla pointed out.
The mayor projected that the City Government can generate at least P100 million annually from each of the three mining firms. These are the Selenga Mining, Philex Mining and the Maricalum Mining Corporation.
He added that each mining firm will also hire at least 1,000 to 1,500 workers.
Montilla said he will work it out with the mining firms that at least 70 to 80 percent of their total work force will be from the city.
Philex Mining, according to Montilla, is on its final stage of exploration. However, he also pointed out that the eventual operation of Philex Mining will depend on the result of its exploration.
“There is an intention to operate,” he said.
Montilla said Philex presently employs hundreds of city residents in its operation.
He stressed that, when the two other mining firms operate in the locality, he will push for the employment of the local folk, unless the technical skills that the jobs demand cannot be filled up by the locals.
On the other hand, Montilla said Selanga had finished the exploration stage and is on the stage where a project study is being made whether to operate the mines or to put it up for sale.
Meanwhile, Montilla also revealed that the new City Hall, which costs P440 million, is now fully operational and that the old City Hall was turned into offices of National Government agencies.
Except for the air-conditioning system, the new City Hall is considered complete. He said a soft opening was held recently but the infrastructure will be officially inaugurated during the city fiesta on December this year. (Teresa D. Ellera)
Published in the Sun.Star Bacolod newspaper on June 22, 2012.