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Economy of Marinduque


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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 player in the economy until a mining accident (the Marcopper Mining Disaster) occurred, bringing the industry to a standstill on the island and causing enormous damage to the people and the island. The provincial government has just recently sued Marcopper's parent company, Placer Dome, for $100 million in damages. Placer Dome was purchased in 2006 by Barrick Gold, who has now been
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