Mining in the News 11.28.08
Palawan govt issues 25-year mining halt
The local government of Palawan issued a 25-year moratorium on issuance of large and small scale mining permit amid reported violation on mining regulations
Palawan Gov. Joel T. Reyes signed last Nov. 25 Resolution No. 7728-08, which declared the moratorium upon approval of the provincial legislative board.
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The mining ban does not affect decade-old mining operations of Filipino-Japanese consortium in Rio Tuba, southern Palawan, but would impact plans of listed firm Oriental Peninsula, which announced that it is set to operate nickel mining sites in two towns mid-west of the island province. Oriental Peninsula is in a bitter legal war with another claimant of the mining sites and is also seeking thumbs up of the local government.
DENR chief calls for responsible mining industry
Secretary Joselito Atienza Jr., Department of Environment and Natural Resources (DENR) chief, rallied mining companies and stakeholders in the mining industry to serve as catalysts in shielding the country from the impending global crisis.
Atienza made the call even as he cautioned that this would only be possible under a responsible industry.
“If we handle ourselves properly and do the correct things from here on, the mining industry in the Philippines could even be a shield, a protection in case the economic crisis worsens,” Atienza stressed in an interview with ABS-CBN Baguio.
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