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Companies that want to mine in the Philippines will now have to submit their technical and social plans to a government panel of environment and mining officials.
Angelo Reyes, the environment and natural resources secretary, said: ‘We want to have a clear view of the proponents’ credentials and track record, particularly their financial and technical capability to undertake responsible mining. More than that, we want to be certain that they put a premium on their social responsibility.’
At present 17 foreign companies have expressed an interest in mining gold, copper, iron, chromites and other minerals in the Philippines.
Angelo Reyes, the environment and natural resources secretary, said: ‘We want to have a clear view of the proponents’ credentials and track record, particularly their financial and technical capability to undertake responsible mining. More than that, we want to be certain that they put a premium on their social responsibility.’
At present 17 foreign companies have expressed an interest in mining gold, copper, iron, chromites and other minerals in the Philippines.
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