Friday, 02 March 2012 11:07
The Aquino government is still conducting more consultations with the mining industry to make sure that a proposed mining policy remains consistent with the laws to protect the people and the environment, Executive Secretary Paquito Ochoa Jr. said in a statement on Wednesday.
This month, businessmen in Mindanao expressed their apprehension over the mining policy of the Aquino administration which they say could drive away vital investments in the country.
It was reported that the government was drafting an executive order (EO) governing mining activities in the country.
Ochoa’s statement on the proposed mining policies follows in full:
“We are aware that there is much concern regarding government policies currently being studied to address the various mining issues in the country.”
“Due to the weighty issues involved and the significant impact the mining industry has on the welfare of our people and the environment, we are at present conducting additional consultations with industry stakeholders so we can adopt directives that take into consideration the interests of all those affected by the mining industry -- especially the communities directly affected by mining operations -- consistent with existing laws, regulations and strict environmental standards.”
“The new mining policies will be issued after we obtain the necessary input from the sectors involved and after a thorough and exhaustive assessment of the impact of these directives.”
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