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Philippines lifts nine-year ban on new mines to boost revenues | Money

Thursday, 15 Apr 2021 06:47 PM MYT Philippine President Rodrigo Duterte delivers a speech in Tokyo May 31, 2019. — Reuters pic Subscribe to our Telegram channel for the latest updates on news you need to know. MANILA, April 15 — Philippine President Rodrigo Duterte has lifted a moratorium on new mineral agreements imposed in 2012, reopening the door to investments in a move that will boost state coffers but has dismayed environmental activists. The Philippines, the top supplier of nickel or...
The Philippines Rodrigo Duterte Wilfredo Moncano Dante Bravo Global Ferronickel Holdings Inc Alyansa Tigil Mina Stop Mining Alliance

Philippines lifts nine-year ban on new mines to boost revenues

3 Min Read MANILA (Reuters) -Philippine President Rodrigo Duterte has lifted a moratorium on new mineral agreements imposed in 2012, reopening the door to investments in a move that will boost state coffers but has dismayed environmental activists. FILE PHOTO: A view of nickel ore stockpiles at DMCI Mining Corporations mine in Sta Cruz Zambales in northern Philippines February 7, 2017. REUTERS/Erik De Castro/File Photo The Philippines, the top supplier of nickel ore to China and a major produc...
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Philippines ends nine-year moratorium on new mining deals

Philippines ends nine-year moratorium on new mining deals 15 April 2021 (Last Updated April 15th, 2021 14:55) The Philippine Government has removed a nine-year moratorium on new mineral agreements in the country to increase revenues. Philippines lifts moratorium on new mineral agreements. Credit: Hands off my tags! Michael Gaida from Pixabay. Share Article The Philippine Government has removed a nine-year moratorium on new mineral agreements in the...
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