The Chamber of Mines of the Philippines (COMP) expects the local mining industry to once again become a major driver of the national economy in the near term, driven by the recent implementation of favorable reforms. Speaking before the 2025 Mining Philippines International Conference and...
The Chamber of Mines of the Philippines (COMP) said recent reforms in the mining industry, focused on policy stability and ease of doing business, will help drive more investments into the country. “Under President Ferdinand R. Marcos Jr., the Philippine government has sent a clear and consistent...
The country’s leading mining groups welcomed the bicameral conference committee’s decision to remove the highly contentious ore export ban from the reconciled version of the bill seeking to reform the mining fiscal regime. In separate statements on Wednesday, June 11, the Chamber of Mines of...
The Department of Environment and Natural Resources’ (DENR) Mines and Geosciences Bureau (MGB) is preparing a draft Executive Order (EO) to submit to Malacañang that aims to address outdated provisions in existing laws that hinder the development of mining operations in the country. On the...
TACLOBAN CITY – The 74th Infantry Battalion based in Barangay Siljagon, Mapanas, Northern Samar discovered three anti-vehicle mines (AVM) owned by the New People's Army. MAP of Mapanas, Northern Samar One of these was surrendered to the Army by Regan, a former NPA member. The two other Improvised...
Criminal and administrative charges have been filed before the Office of the Ombudsman (OMB) against San Fernando, Camarines Sur Mayor Fermin M. Mabulo and five barangay chairmen for their alleged involvement in illegal quarrying. The five barangay officials named in the complaint were Barangay...
Mining allows green technology to flourish on top of economic benefits such as the generation of revenues and jobs to uplift the lives and promote the welfare of the people, particularly in far-flung areas, according to businessman Manuel V. Pangilinan. As Philex Mining Corporation chairman,...
The Philippine mining industry is lauding the government’s “clearly expressed” support and its acknowledgement of mining as a priority sector with a high growth potential that will help the Philippine economy recover. The Chamber of Mines of the Philippines (COMP) welcomes this positive...
The mining sector is amenable to the government’s planned higher taxes as long as the move will not put them out of business and not discourage the strong interest by the world’s top mining giants to invest in the country. Mike Toledo, president of the Chamber of Mines of the Philippines...
LA PAZ, Leyte -- Troops belonging to the 14th Infantry (Avenger) Battalion seized two anti-personnel mines, a high-powered firearm, and medical kits during an encounter against suspected members of the Communist New People’s Army terrorists (CNTs) here on Tuesday, Dec. 13. The armed rebels were...
A new Minahang Bayan area was allowed to operate in Benguet Province amid government efforts to increase the country’s gold and silver output especially with the declaration of mining areas where small-scale miners could legally operate in. A statement from Mines and Geosciences Bureau (MGB)...
The Philippines has lifted the nationwide ban on open-pit mining, reversing an order put in place in 2017 by late and former Environment Secretary Regina Paz Lopez to “protect the environment”. OPEN PIT Environment Undersecretary for Enforcement, Mining, and Muslim Affairs Jim Sampulna said...