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The country’s mining sector received investments of $693 million last year, 76 percent short of target due to the continued restrictions of the new mining policy, the Chamber of Mines of the Philippines said yesterday.

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The Chamber of Mines of the Philippines (COMP) yesterday urged the government to make changes in the country’s mining regime that would benefit both the industry and the country.

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The Philippines is encouraging fresh investments from the United States to sustain the momentum of the country’s fast expanding mining industry to allow it to surpass the more than $4 billion in revenues generated last year.

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BENJAMIN PHILIP ROMUALDEZ

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abtest

Mining investments miss target in 2014

September 15, 2015 - 10:00am

The country’s mining sector received investments of $693 million last year, 76 percent short of target due to the continued restrictions of the new mining policy, the Chamber of Mines of the Philippines said...

Business

Miners urge gov’t to make changes in Phl mining regime

September 17, 2014 - 12:00am

The Chamber of Mines of the Philippines (COMP) yesterday urged the government to make changes in the country’s mining...

Business

US roadshow seeks fresh mining investments

By Pia Lee-Brago | April 29, 2013 - 12:00am

The Philippines is encouraging fresh investments from the United States to sustain the momentum of the country’s fast expanding mining industry to allow it to surpass the more than $4 billion in revenues generated...

Business

Reveal details of China talks

By SEARCH FOR TRUTH | By Ernesto M. Maceda | September 25, 2012 - 12:00am

Senate President Juan Ponce Enrile is right to demand that Senator Antonio Trillanes must now disclose who were the Chinese officials he talked with in the 15 times he went to China.

Opinion

Palace says miners' concerns can be addressed sans litigation

By Delon Porcalla | September 21, 2012 - 12:00am

Malacañang assured yesterday the mining sector that a provision tends to shorten the 50-year contract of mining firms would be resolved the soonest without any need for litigation.

Business

Mining firms buck Sec 9 of new mining policy IRR

September 20, 2012 - 12:00am

Mining companies will legally oppose Section 9 of the implementing rules and regulations (IRR) of the new mining policy which stipulates that the terms of mining contracts shall be renegotiated after the first 25...

Business

Varela takes over as new PCCI president

December 6, 2011 - 12:00am

Lawyer and business leader Miguel B. Varela is the new President of the Philippine Chamber of Commerce and Industry (PCCI) after one of the most hotly contested elections in more than 10 years.

Business

Mining still needs incentives to fuel growth

By Marianne V. Go | October 23, 2011 - 12:00am

Investment incentives are still necessary for the local mining sector to flourish, according to Chamber of Mines of the Philippines president Benjamin Philip Romualdez.

Business

Phl welcomes miners but not polluters - Paje

September 16, 2011 - 12:00am

Government officials pledged support for the mining industry as it undergoes a boom, but warned companies they cannot dirty the environment, hide revenues or obtain mining permits only to raise funds in the stock...

Business

Government urged to go after small-scale miners

By Rhodina Villanueva | July 6, 2011 - 12:00am

Stakeholders in the mining sector yesterday urged the government to run after small-scale miners in line with efforts to impose additional tax on the mining industry.

Headlines