Posts by tag
mining industry
Green metals rush: Stakes are high in the global green metals market
After two administrations, the mining industry is finally seeing the proverbial light at the end of the tunnel, but the challenge to ensure responsible mining by minimizing its impact to the environment and community remains.
A review of policy issues in Philippine mining
PHL sees economic gains as EU ‘derisking’ goes on
The Philippines is now set to receive millions of euros worth of economic packages and relaunch its negotiations for a free trade agreement (FTA) with the European Union (EU) as the regional bloc continues to “derisk” its supply chains.
Duterte to impose more stringent mining rules
While he has ruled out a total ban on mining for now, President Duterte on Monday said he will tighten mining regulations to ensure that their operations will not destroy the environment.
Government assures miners due process, nonimpairment of contracts will be honored
The Department of Finance (DOF) on Wednesday said Secretary Carlos G. Dominguez III’s position on the mining policy of the Department of Environment and Natural Resources (DENR) is founded on the principles of due process of law and nonimpairment of contract obligations as enshrined in the 1987 Constitution.
MICC teams to review DENR order on closure of mine sites
The multistakeholder Technical Working Group (TWG) of the Mining Industry Coordinating Council (MICC) will form five technical groups that will conduct an “objective, fact-finding, science-based” review of the orders issued by the Department of Environment and Natural Resources (DENR) on the closure or suspension of 28 mine sites across the country.
Is responsible mining possible?
WITH Environment Secretary Regina Paz L. Lopez’s order to close or suspend operating mines and cancel 75 mining contracts, the debate over the issue of mining in the Philippines is far from over.
Fate of mining industry up to Duterte
IT looks like President Duterte will have the final say on what to do with what he calls “the mess” created by Environment Secretary-designate Regina Paz L. Lopez.
Responsible mining in PHL
Lost in the noise and confusion generated by the decision of the Department of Environment and Natural Resources (DENR) to shut down 28 large-scale mines is the fact that 12 companies were given the go signal to continue their mining operations. Along with her decision to close 23 mines and suspend five others, Environment Secretary Regina Paz L. Lopez announced that she spared the mining operations of 12 firms. These include Philex Mining Corp., Rio Tuba Nickel Mining Corp., Carmen Copper Corp., Taganito Mining Corp., Agata Mining Ventures Inc. and Apex Mining Co. Inc. Mines being operated by Cagdianao Mining Corp., Greenstone Resources Corp., Philsaga Mining Corp., Pacific Nickel Philippines Inc., Century Peak Metals Holdings Corp. and SR Metals Inc. will also remain open.
When mining problems get too big, catch water?
When a problem gets too big, the solution is to proverbially douse it with water just like what you do in stopping a fire from spreading.
Mines closure to cost LGUs up to 60% of annual income
At least 17 cities and municipalities in 10 provinces would have to find alternative revenue sources soon, as they are likely to lose as much as 60 percent of their annual income due to the decision of the Department of Environment and Natural Resources (DENR) to close or suspend the operations of 28 mining sites across the country.
Doing one’s duty within the bounds of the law
Environment Secretary Regina Paz L. Lopez’s orders to suspend the operations of 28 mining operations and cancel a total of 75 mineral production sharing agreements (MPSAs) on Valentine’s Day have sent shock waves to the global nickel market. The worry is that the mining closures can impair the global market supply, considering that the Philippines currently accounts for about a quarter of the world’s nickel-ore supply. The closure orders will remain in place while the Mining Industry Coordinating Council consults with stakeholders, including local communities, said Lopez, whose department has audited the affected mining firms.
Much ado about mining
The mining industry and its ardent supporters have been hugging the headlines for already three weeks, and the murmurs, jitters and speculations have not ceased as of yet. The center of all these discussions in the press and social media has been the Department of Environment and Natural Resources’s (DENR) controversial decision to shut down the operations of 23 metallic mines and the suspension of five other mining outfits for alleged violations of prevailing environmental laws. It has become so caustic that the appointment of Environment Secretary Regina Paz L. Lopez is now being opposed by big mining companies and supportive stakeholders who vouch for the industry’s contributions to the nation’s economic well-being.
Is responsible mining feasible?
Now that Malacañang has put on hold the recent closure and suspension orders over 28 mines across the Philippines, the time should be used to pause and think—especially on the question whether responsible mining is actually feasible.
Malacañang vows to observe due process in mine closures
President Duterte and his Cabinet have agreed to allow companies affected by mining closures to air their side, Palace Spokesman Ernesto C. Abella said on Wednesday.
Mining industry gasps for breath
With over $1.4 trillion worth of minerals waiting to be excavated from identified mining areas, who could fault those who compare the Philippines to a poor man sitting on a pot of gold?
COMP: Mining industry now fighting for its life
Miners on Tuesday said it now came to the point that the industry is “fighting for its life” under the watch of Environment Secretary Regina Paz L. Lopez.