Quantcast
Latest Stories

‘Golden’ era gone, says mining chief

By

MANILA, Philippines—The Philippines used to be among the top 10 gold and copper-gold producing countries in the world. Not any more, according to the head of the government mines division.

Mines and Geosciences Bureau (MGB) Director Leo Jasareno, at a lunch with the mining industry on Friday, said anti-mining sentiments were taking their toll on the country’s gold production, which plummeted 65 percent this year despite rising metal prices.

“The Philippines is no longer in the top 10 gold producing countries nor in the top 10 copper-gold producing countries,” he said but added that nickel production remained robust. The Philippines is now the second largest nickel producer in the world, he reported.

Jasareno lamented that “anti-mining sentiment” in the Philippines has affected the growth of the industry. He noted that about 40 provinces have signed laws restricting mining activities. Legitimate mining companies were also haled to the Supreme Court, he added.

“The anti-mining advocacy is bringing us down…it is hurting the country,” the MGB chief said.

The antimining sentiment was due to lack of information on sustainable mining, he said. Communities also received little or no revenues from mining firms in their areas.

The mining industry was also at fault, he said.  For years, they have abandoned mines and flouted environmental laws in the Philippines, Jasareno added.


Follow Us

Follow us on Facebook Follow on Twitter Follow on Twitter


Recent Stories:

Complete stories on our Digital Edition newsstand for tablets, netbooks and mobile phones; 14-issue free trial. About to step out? Get breaking alerts on your mobile.phone. Text ON INQ BREAKING to 4467, for Globe, Smart and Sun subscribers in the Philippines.

Tags: Leo Jasareno , MGB , Mines and Geosciences Bureau , mining industry



Copyright © 2013, .
To subscribe to the Philippine Daily Inquirer newspaper in the Philippines, call +63 2 896-6000 for Metro Manila and Metro Cebu or email your subscription request here.
Factual errors? Contact the Philippine Daily Inquirer's day desk. Believe this article violates journalistic ethics? Contact the Inquirer's Reader's Advocate. Or write The Readers' Advocate:
c/o Philippine Daily Inquirer Chino Roces Avenue corner Yague and Mascardo Streets, Makati City, Metro Manila, Philippines Or fax nos. +63 2 8974793 to 94
Advertisement

News

  • Negros town mayor faces illegal gun charges
  • Armed gangsters hunt down Filipinos in Taipei
  • Cebuano workers in Taiwan not affected yet by feud
  • Results didn’t reflect BO-PK survey — Young
  • ‘Our survey showed Rama victory’
  • Sports

  • Beckham captains PSG in last home game
  • Beckham walks off in tears after last home game
  • Aces eye clincher vs Kings today
  • ABL: Beermen survive 3 OTs to down Dragons
  • Lions repulse Tams; Warriors crush Tigers
  • Lifestyle

  • French president signs gay marriage into law
  • Sea turtle comeback in a corner of the Caribbean
  • Gate crashers descend on SJP event–or at least, they tried
  • Guess what Sarah Jessica Parker brought home to NY as ‘pasalubong’ from PH?
  • SM ups its brand –thanks to Sarah Jessica Parker’s aura
  • Entertainment

  • Hilda Koronel, Lino Brocka take Cannes by storm once again
  • Flamboyant celeb wins back beau via intrigue
  • Leaving a coliseum full of positive vibes
  • Ser Chief, Maya in Toronto today
  • HEARD: Celeb poll volunteer
  • Business

  • Elated stakeholders reelect stock exchange board
  • Save more, Filipinos urged
  • A riverine venture in Pangasinan
  • N. Luzon fiesta maker to market former US military property
  • PSE board gets new mandate
  • Technology

  • Free Inquirer tablets for lucky INQSnap readers
  • Hong Kong launches first electric taxis
  • DepEd website now up and normal
  • Report: Yahoo nearing $1.1B acquisition of Tumblr
  • ‘Sonic’ video games coming to Nintendo
  • Opinion

  • An interesting challenge
  • Premature, imprudent and illegal
  • Nations and their governments
  • Come, Holy Spirit!
  • A room in heaven
  • Global Nation

  • Notes of a Fil-Am election observer
  • Global disasters cost P2.5T in last decade, topping UN estimates
  • Conviction of Ortega gunman draws int’l watchdog’s praise
  • Overseas voting turnout very low
  • How overseas Filipinos voted (Partial and unofficial)
  • Marketplace
    Advertisement
    Azure Skin Ad
    Azure Skin Ad
    © Copyright 1997-2013 INQUIRER.net | All Rights Reserved