The Philippines has spent $1 billion on the replacement of a massive mine that has exploded in recent years, leaving many families living without work, with many more still waiting to get back to work.
The mine, the biggest in the world, exploded in 2011 when a pipe broke during an excavation, destroying it.
The blast triggered a deadly fire, killing at least 22 miners and sending more than 3,000 others to the hospital.
The Philippines has now spent nearly $400 million on a new one, with the money mostly earmarked for repair and overhauls.
The new mine is now being built in the remote mountains of the Philippine archipelago.
But critics say it will take decades to restore what’s been lost.
In a country where there are just more than 40 mines, this mine is the largest in the country, and it will have to be rebuilt, said Mariana Buitrago, a professor of mining engineering at the University of the Philippines, Manila.
The mining boom in the region has fueled a wave of joblessness, with more than 100,000 people out of work by 2030.
The mines are still the most expensive in the nation, costing more than $300 million per mine, and more than half of those are in the mountainous regions of the archipelagos.
The Philippine government estimates that if the replacement mine were to be built in some other region, it could provide around 10 percent of the country’s unemployment, said Buitra.
The government’s plan to build it in the archilagues northern provinces has been criticized by many residents.
Critics of the plan, however, say it won’t provide enough jobs, with one mining union leader saying the replacement would just lead to more mining.
The replacement for this mine in the northern Philippines will take years to finish.
So the Philippines will have lost more than 10 million tons of gold, and at least 30,000 jobs, Buitracago said.