In response to the onslaught of Typhoon ‘Odette’  that hit the Philippines particularly in Visayas and Mindanao Regions last December 16, 2021, the Mines and Geosciences Bureau Director Atty. Wilfredo G. Moncano has issued Memorandum Circular no. 2021-011 dated December 20, 2021 re:  “Realignment of Social Development and Management Program’s (SDMP) Unutilized Funds to Support affected Impact and Non-Impact Communities due to Typhoon Odette”,  authorizing all MGB Regional Offices to allow the realignment of the mining companies’ unutilized 2021 Annual SDMP funds and/or provision of Corporate Social Responsibility to assist Typhoon victims within the host and neighboring communities, as well as calamity-hit provinces from the regions.

Further, said Circular allows to utilize a portion of the 1st quarter 2022 ASDMP budget subject to consultation with the host and neighboring communities. Additionally, expenditures for the realigned programs/projects/activities for ASDMP 2021 and 2022 shall be included in the 4th quarter 2021 and 1st quarter 2022 accomplishment report to be monitored by the Regional Office concerned.

In compliance with the issued Circular, MGB Regional Office No. V RD Guillermo A. Molina, Jr. IV instructed Bicol mining companies operating in the Region to realign the unspent Annual SDMP funds of 2021 in support to the government’s call to help the victims of Typhoon ‘Odette’. Heeding this call are the mining concessionaires in Aroroy, Masbate, the Filminera Resources Corporation and the Phil Gold Processing and Refining Corp collectively known as the Masbate Gold Project that allotted an amount of Php823,345.00 and Php2,610,454.00, respectively.

This action is in line with the SDMP’s objective to ensure empowerment, awareness and social responsibility in the utilization of mineral resources of the country in order to uplift the quality of life and improve the living condition of the people in the mining communities.