Updated: November 11, 2016
Erratum: The original post suggesting a 4-point initial agreement between KTC and TMC has so far been corrected.
A three-day workshop on effective governance of IP royalties from mining was conducted by Bantay Kita last May 20-22, 2015 in Tboli, South Cotabato.
Bantay Kita (BK) is committed to increasing capacity of local communities hosting mining operations and facilitating dialogue among stakeholders. Recognizing that revenues from mining can translate to sustainable development when local communities receive a fair and equitable share, the Kematu Tribal Council of T’boli (KTC) sought the assistance of BK to renegotiate the terms of their Memorandum of Agreement (MOA) with the Tribal Mining Corporation (TMC).
The KTC proposed that royalty payments be increased to 5% from 1%. An initial lump sum amount of twenty million pesos was also suggested along with the transfer of the management of social development programs to the KTC.
Forty (40) participants coming from women’s organization, the barangay council, and the KTC attended the workshop.
On June 4, 2015, a meeting facilitated by Bantay Kita between the KTC and TMC to discuss the renegotiation of the MOA resulted in the following proposed agreements that was forwarded to the Board of Directors of TMC:
No formal agreement has been signed by both parties.
Please correct your entries. There was never any agreement between the Kematu Tribal Council and TMC as suggested above. You are providing wrong information to the public.
11/10/2016 09:18:51 am
11/11/2016 10:20:43 am
We thank you for the comment. Your comments help us improve our website.
Leave a Reply.