Mining sector getting back on track
The country’s mining industry had a lot to be happy about last year.
Source: philstar.com
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Palace expects $4B in mining investments after ban lifted
BusinessWorld April 19, 2021 | 12:33 am By Reporter THE Philippines is expecting about $4 billion in capital investments from three major mining projects, after President Rodrigo R. Duterte lifted last week the nine-year moratorium on new mineral agreements. If the projects of Sagittarius Mines, Inc., KingKing Mining Corp., and Silangan Mindanao Mining Co., Inc. “are any indication, we are looking at over $4 billion in capital expenditure,” Presidential Spokesperson Herminio “Harry” L. Roque, Jr. told BusinessWorld in a Viber message. Mr. Duterte on April 14 signed E...
Source: bworldonline.com