Press Briefing Room, New Executive Bldg., Malacañang, | News Releases below | Excerpt of the Press briefing by Presidential Spokesperson Edwin Lacierda: On government advisories issued during tropical storm Gener | www.gov.ph | Audio | www.pcoo.gov.ph | Malacañang underscores importance of scrutinizing the issuances of mining permits Malacañang underscored the importance of scrutinizing all mining permit applications before allowing any company to begin mining operations to ensure that they comply with regulations set forth by President Benigno S. Aquino III's new mining policy. In a press briefing held in Malacañang on Monday, Presidential Spokesperson Edwin Lacierda said the new mining policy, laid down in Executive Order No. 79, allows more mining investments to come in but regulates where and how much of our resources can be used. "The administration recognizes any investment and therefore it behooves the administration to study these issues properly, especially in the light of the new EO and the light of investments in mining," Lacierda said. Executive Secretary Paquito N. Ochoa Jr. said the new presidential directive, which the Chief Executive signed on July 6, is envisioned to harmonize mining policies and regulations in the country and make players in the mining industry more transparent and accountable. President Aquino's directive identifies zones closed to mining applications -- either for contracts, concessions or agreements -- including areas in the National ...

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