In a statement, Chamber of Mines of the Philippines (COMP), an organization of some of the country’s largest mining operations, reiterated that EO 79 is “a major roadblock to the huge potential of the Philippine mining industry to contribute to socio-economic growth.”
“We welcome the lifting of the moratorium on new mining projects – in place for nearly nine years – in this time of great national difficulty as a result of the Covid-19 pandemic,” COMP said.
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MGB formally approved the Feasibility Study for the Mabilo Project
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