Author Topic: Mining in the Philippines  (Read 517 times)

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Mining in the Philippines
« on: January 11, 2012, 05:52:26 AM »
By: Riza T. Olchondra
Philippine Daily Inquirer

The local governments units’ open pit mining ban ordinances and other issues plaguing the mining industry will be addressed this year, officials said.

The Chamber of Mines of the Philippines (COMP) said it was optimistic that the so-called minerals policy group drafting the country’s mining policy would recommend the continued promotion of “responsible” mining as allowed under the Philippine Mining Act of 1995.

“We are hopeful that the government will consider our recommendations aimed at ensuring the stability of the business environment to enable the industry to further assist in the President’s programs of attracting investments that will generate direct and indirect employment and thereby reduce poverty particularly in the countryside where most of our poor countrymen live,” COMP spokesman Rocky Dimaculangan said.

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