LAOAG CITY – The Mines and Geosciences Bureau Region 1 discussed with the Provincial Government of Ilocos Norte on September 14, 2021, at the Malacanang of the North to present on the Mineral Reservation Project in the province. MGB 1 Regional Director Socrates G. Gaerlan together with MGB technical personnel explained the MinRes project with hopes on enhancing mining's contribution to the economy up North. Further, he emphasized that MGB seeks to transform the Philippine Mining Industry to an environmentally-friendly, global competitive, significant contributor to the national economy and improve the welfare of the people and the country, especially in this global crisis.
Previous meetings were already done to tackle about additional potential mining areas in Ilocos Norte. PGIN through ‘INvest’ which is inspired by growth, sustainability, and inclusive development, offers strong opportunities for various businesses. These investment opportunities include agri-enterprise, BPO, mining, renewables, and tourism.
PGIN-INvest presented seven (7) potential mineral reservation areas including the municipalities of Solsona, Vintar, Adams, Dumalneg, Nueva Era, Marcos, and Piddig.
The project aims to promote and attain responsible mining, sustainable development, and economic growth through the mineral industry.