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The Marcopper mining disaster is one of the worst mining and environmental disasters in Philippine history. [ 1][ 2][ 3] It occurred on March 24, 1996, on the Philippine island of Marinduque, a province of the Philippines located in the Mimaropa region. The disaster led to drastic reforms in the country's mining policy.
Mimaropa (officially stylized in all caps ), officially the Southwestern Tagalog Region[ 3][ 4] ( Filipino: Rehiyong Timog-Kanlurang Tagalog ), is an administrative region in the Philippines. The name is an acronym combination of its constituent provinces: Mi ndoro (divided into Occidental Mindoro and Oriental Mindoro ), Ma rinduque, Ro mblon ...
Poverty incidence of Marinduque 10 20 30 40 50 2006 40.51 2009 33.58 2012 32.91 2015 16.95 2018 14.72 2021 15.60 Source: Philippine Statistics Authority Marinduque is an agricultural province, primarily growing rice and coconuts. Handicrafts from Marinduque are also exported to dıfferent parts of the world, and fishing is another important part of the economy. Mining was once an important ...
Hacienda Luisita is a 6,453-hectare sugar plantation located in the province of Tarlac. The hacienda spans 11 barangays in three towns of Tarlac. Most of the original farmworkers reside in 10 villages – Barangays Balete, Cutcut (or Sta. Catalina), Lourdes (formerly Texas), Mapalacsiao (formerly Luisita), Asturias, and Bantog in Tarlac City ...
The Philippine ten-peso coin (₱10) is the second largest denomination coin of the Philippine peso . Two versions of this denomination are in circulation; the bi-metallic coin, first issued in 2000, with the dual profiles of Andrés Bonifacio and Apolinario Mabini on obverse and the 1993 logo of the Bangko Sentral ng Pilipinas on the reverse.
The Philippine peso is ultimately derived from the Spanish peso or pieces of eight brought over in large quantities by the Manila galleons of the 16th to 19th centuries. From the same Spanish peso or dollar is derived the various pesos of Latin America, the dollars of the US and Hong Kong, as well as the Chinese yuan and the Japanese yen. [1 ...
The economy of the Philippines is an emerging market, and considered as a newly industrialized country in the Asia-Pacific region. [31] In 2024, the Philippine economy is estimated to be at ₱26.55 trillion ($471.5 billion), making it the world's 32nd largest by nominal GDP and 13th largest in Asia according to the International Monetary Fund .
The 1⁄2 and 1 centavo coins were struck in bronze, the 5 centavo struck in copper (75%) - nickel (25%), the 10, 20, 50 centavo and peso coins were struck in a silver composition. From 1903 to 1906, the silver coins had a silver content of 90%, while those struck after 1906 had a reduced silver content of 75% for 10 through 50 centavos and 80% ...