CPP/Ang Bayan: NPA metes punishment on Cojuangco-owned mining firm

From the December 21 edition of Ang Bayan: NPA metes punishment on Cojuangco-owned mining firm

Red fighters under the NPA Armando Catapia Command successfully meted punishment on VIL Mines Corporation and its partner Macro Asia at around 4 p.m. on December 11 in Barangay Sta. Monica, Tagkawayan, Quezon. VIL Mines Corporation is owned by Eduardo “Danding” Cojuangco, one of Benigno Aquino III’s uncles while Macro Asia is owned by Lucio Tan. Cojuangco and Tan are among the country’s biggest comprador bourgeoisie. They are business partners in mining nickel on an 11,126-hectare concession in Cadig mountain.

The guerrillas burned three pieces of earth-moving machinery and destroyed more than P5.1 million worth of company equipment. They also confiscated a pistol and communications equipment. While the punitive action was going on, the Red fighters treated the company workers well. Among them were seven CAFGU elements.

The Armando Catapia Command informed the company of an expulsion order from the People’s Democratic Government, which bans foreign and large-scale mining activities in Cadig mountain. VIL Mines Corporation has a permit from the Mines and Geosciences Bureau of the Department of Environment and Natural Resources to conduct exploration activies in Cadig mountain and has allocated P200 million for this purpose.

http://www.philippinerevolution.net/publications/ang_bayan/20121221/npa-metes-punishment-on-cojuangco-owned-mining-firm