September 13, 2025 | 12:00am
MANILA, Philippines — Listed agency OceanaGold (Philippines) Inc. has minimize its mine rehabilitation prices by two-thirds after adopting an modern ecosystem-based method, permitting the corporate to reallocate financial savings to different environmental applications.
In a press release, the mining agency mentioned the brand new “Concord in Range (HiD) Impact” technique lowered the price of progressive rehabilitation to P1.3 million per hectare in 2025 from P3.5 million per hectare in 2023.
“The shift to the HiD method has allowed us to considerably scale back prices whereas accelerating ecosystem restoration, offering a extra sustainable mannequin for post-mining rehabilitation,” OceanaGold mentioned.
Progressive rehabilitation, as outlined by the Division of Surroundings and Pure Assets (DENR)’s Mines and Geosciences Bureau, is an economical engineering and organic method to revive mined areas.
It aligns with authorized post-mining land use whereas supporting ecosystem restoration and biodiversity regeneration.
The corporate attributed the financial savings to a shift away from standard hydro seeding strategies that relied on imported mulch and fast-growing grass seeds requiring frequent trimming and dear upkeep.
By changing these strategies with the HiD method, OceanaGold can allocate the price range beforehand used for conventional rehabilitation to different environmental applications, strengthening its general sustainability efforts.
The HiD method additionally shortens the timeline for attaining self-sustaining forest cowl.
Areas that beforehand took as much as 15 years to regenerate might now attain ecological stability in simply three to 5 years, the corporate mentioned.
This accelerates biodiversity restoration and ensures that post-mining lands return extra rapidly to productive and ecologically balanced states.
In response to OceanaGold, the method demonstrates how accountable mining can combine value effectivity with environmental stewardship, providing a mannequin for sustainable rehabilitation that may be replicated throughout different mining websites.
Earlier in June, the Australian-Canadian mining agency mentioned it plans to spend about P280 million for exploration actions inside its allow space of roughly 7,000 hectares this 12 months.
