Sustainable mining pushed
The Department of Finance (DOF) has assured the current administration will strictly enforce the “non-negotiable condition” on the mining industry to adopt environmentally sustainable and responsible extractive practices.
News and Updates
IRR on EO lifting ban on new mining projects signed
The implementing rules and regulations (IRR) of Executive Order (EO) 130 – which lifted the moratorium on new mining projects and the nationwide ban on open-pit mining method – has already been signed by Environment and Natural Resources Secretary Roy Cimatu.
PNIA: nickel industry shows resilience
THE Philippine Nickel Industry Association (PNIA) is optimistic that the nickel sector’s resilient growth amid the coronavirus disease 2019 (Covid-19) pandemic will continue, especially after the lifting of the ban on new mineral agreements paving the way for new mining projects in the Philippines. “Despite the ongoing Covid-19 pandemic, the country’s nickel industry remained resilient with a reported increase of […]
Nickel group sees progress following mining ban lifting
The Philippine Nickel Industry Association expects the mining industry to maintain its growth trajectory following the government’s move to lift the suspension on new mining agreements, a top executive said Friday. “We are hopeful to maintain this growth momentum especially after the issuance of EO 130 that lifted the ban on new mineral agreement as […]
PH’s nickel to keep growth momentum despite COVID-19 pandemic
The nickel industry in the Philippines, one of the most highly mineralized countries in the world, will keep its growth momentum this year despite the prevalence of the COVID-19 pandemic. In a statement, the Philippine Nickel Industry Association (PNIA) said it is optimistic that the nickel sector’s resilient growth amidst the pandemic will continue to […]
Mining industry seeks policy changes
THE MINING INDUSTRY is pushing for key policy changes that will boost the sector’s growth and help the economy recover faster from the coronavirus disease 2019 (COVID-19) pandemic. Eulalio B. Austin, Jr., Philex Mining Corp. president and chief executive officer, said the government should harmonize all national laws and local government units’ (LGU) ordinances on mining. […]
Nickel industry sees growth momentum continuing after issuance of mining EO
THE PHILIPPINE Nickel Industry Association (PNIA) said it expects growth momentum for the industry to continue with the issuance of an executive order lifting the freeze on new mining agreements. “We are hopeful of maintaining this growth momentum especially after the issuance of Executive Order (EO) No. 130 that lifted the ban on new mineral […]
DENR-MGB: PH MINING SECTOR CONTRIBUTES ₱102.3B TO GDP; ALLOTS ₱379B FOR ENVIRONMENTAL PROGRAMS IN 2020
The Philippine mining industry contributed ₱102.3 billion to the Gross Domestic Product (GDP) in 2020 despite the challenges posed by the COVID-19 pandemic, according to a report released by Mines and Geosciences Bureau (MGB) of the Department of Environment and Natural Resources (DENR) on June 21. In the report, the DENR-MGB estimated the metallic mineral […]
Mining industry contribution to 2020 GDP estimated at P102B
THE mining sector accounted for P102.3 billion, equivalent to 0.6% of gross domestic product (GDP) growth in 2020, according to the Mines and Geosciences Bureau (MGB). The MGB said in a statement Tuesday that the value of metallic mineral production, including gold, nickel ore, mixed nickel-cobalt sulfide, scandium oxalate, chromite, and iron was P132.69 billion, […]
EO 130 IRR ready for DENR chief signing
The final draft implementing rules and regulations (IRR) of Executive Order (EO) 130 is now awaiting the signature of Environment Secretary Roy Cimatu, according to Mines and Geosciences Bureau’s (MGB) top official. This is more than two months since President Rodrigo Duterte signed EO 130, which amended the Aquino Administration’s EO 79 and lifted the […]