Knowing When To Hold Em or Fold Em, page-11

From the 2015 Medusa Annual Report:
WORKFORCE. The Company is an equal opportunity employer that aims to provide a safe and healthy, hazard free work environment. As at 30 June 2015 the Company employed 2,471 regular workforce and 2,774 contract workers (mining, engineering, service provision, etc.).

This workforce of approx 5,200 is about 95% plus local Philippino people with only a few % ex-pats. So approx 5,000 local people who rely on Medusa for their jobs, pay taxes, receive benefits of schools for their kids, local facilities, etc provided by Medusa.

Does anyone seriously think the new Government is going to close down Medusa, put all these people out of work, lose taxes and political support from such a significant employer who is expected to be ISO 14001 compliant within a few months in accordance with the directive from last year of the Department of Environment and Natural Resources issued Administrative Order 2015-07.

Gina Lopez says she wants to replace eco-destructive mining with eco-tourism. Medusa has a very small footprint as it's an underground mine. It is integrated into the local community and has a history of more than 10 years of working with the local people. Lets see 5,000 local people find new jobs running eco-tours 12 months a year for a few wealthy American and Aussie tourists in a tiny past of the island of Mindanao!