Mining News

The world won’t be able to tackle the climate crisis unless there is a sharp increase in the supply of metals required to produce electric cars, solar panels, wind turbines and other clean energy technologies, according to the International Energy Agency.

Environment Secretary Roy A. Cimatu on Wednesday vowed to scrutinize pending applications for new mining projects to ensure that these would not cause any adverse effects to the environment.

The coronavirus-induced recession failed to dampen metal prices, and with President Duterte’s latest order to lift the ban on new mining permits, more companies are raring to cash in.But the President’s Executive Order (EO) 130, which lifted the nine-year moratorium on new mining agreements, is just a prelude to more policy changes in the mining sector.

MANILA, Philippines — The government plans to declare at least seven new Minahang Bayan sites this year, an official of the Mines and Geosciences Bureau (MGB) said.

THE GOVERNMENT said it will not give in to pressure to reconsider Executive Order (EO) No. 130, which lifted the moratorium on new mining agreements, citing the need to generate new revenue due to the pandemic.

The Department of Environment and Natural Resources defended on Monday the government’s move to lift the moratorium on new mining deals, saying this can fuel the Philippine economic recovery battered by the coronavirus pandemic.