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The state-run Social Security System (SSS) is bound to be among the topmost beneficiaries of the country’s revitalized mining sector, a senior member of Congress said on Sunday. “The SSS has a substantial equity investment in one of the largest new mining ventures in the country,” Makati City Rep. Luis Campos Jr said in a […]
Senator Francis Tolentino said the Tampakan copper-gold project being pushed to resume by Sagittarius Mines Inc. (SMI) in Tampakan, South Cotabato will be beneficial to local residents. Tolentino stressed the Tampakan copper-gold project will be “cost-effective” and safe. “Cost effective yung extraction ng open-pit mining kasi mababaw lang ang paghuhukay niyan eh, makukuha agad yung mina,” the legislator said in “Sa […]
Department of Environment and Natural Resources (DENR) Acting Secretary Jim Sampulna has ordered the strengthening of measures to preserve terrestrial and marine biodiversity in areas where there are mining operations. In signing DENR Administrative Order (DAO) No. 2022-04 or the “Enhancing Biodiversity Conservation and Protection in Mining Operations,” Sampulna said the order intends to provide guidelines […]
The Department of Environment and Natural Resources (DENR), through its Mines and Geosciences Bureau (MGB), is ready for the updating of essential mining information on the government’s idle mining assets. “This is in preparation for the bidding and sale of mining assets to gain revenues and help the country recover from the economic devastation of […]
Senator Joel Villanueva has filed a bill which seeks to increase the public share from the mining industry by reforming the mining fiscal regime and mandating transparency in the extractive sector. Villanueva’s Senate Bill No. 1166 or the “Maximizing Benefits from Mineral and Mineral Products and Quarry Resources Act” requires companies to pay royalty […]
Senate President Aquilino “Koko” Pimentel III said on Tuesday that mining firms behind the destabilization campaign against President Rodrigo Duterte were “getting desperate” and should instead refocus their energies and resources on complying with the environmental laws governing their industry. According to Pimentel, “the President has once again shown that he will not hesitate to […]
Those blocking the confirmation of Department of Environment and Natural Resources (DENR) Secretary Gina Lopez should rethink their opposition to the environment chief because she is just doing her job. This according to President Rodrigo Duterte, who on Saturday defended Lopez while taking a swipe at the mining industry for the damage it has caused […]
The House committee on natural resources chaired by Rep. Carlos Isagani T. Zarate (Party-list, Bayan Muna) has approved proposals to declare North Cotabato and Cagayan de Oro City as mining-free zones and to declare as closed to mining applications those areas in the country which have been declared by local government units (LGUs) as […]