Gov’t reviews mining assets to provide jobs

Share on facebook
Facebook
Share on twitter
Twitter
Share on email
Email

The government is firm on reviving its mining assets to boost job opportunities and lift economies around the mine sites, including in Negros Island, Finance Secretary Carlos Dominguez III said.

“Definitely, we are pushing for the revival of the mining industry,” he said during the press conference at the two-day Philippine Chamber of Commerce and Industry’s 46th Philippine Business Conference and Expo that started yesterday.

Dominguez said the mining sector “provides jobs in areas where there are no other alternative jobs”.

He said the Privatization Management Office completed a few days ago the review of the mining assets held by the government, but he did not disclose the results of the assessment.

Dominguez said he has asked for the revival of the privatization of Nonoc Nickel Mines in Surigao City and the copper mines in Basay, Negros Oriental.

The government also has stakes in the pyrite and copper mines of Philippine Pyrite Corp. in Bagacay and Hinabangan in Western Samar, and the Sta. Inez and Batong Buhay mines of the Maricalum Mining Corp. in Sipalay, Negros Occidental.

The government has ordered an audit of the various mining areas around the country to address the impact of mining operations on the environment.

In 2018, the inter-agency Mining Industry Coordinating Council tapped experts from the mining industry and the academe to audit 26 firms that were ordered closed by then Environment and Natural Resources Secretary Regina Lopez.*PNA

YOU MAY ALSO READ

Read Article by date

October 2020
M T W T F S S
 1234
567891011
12131415161718
19202122232425
262728293031