MANILA — President Rodrigo Duterte has issued an order to lift a nine-year moratorium on granting new mining permits in the Philippines. The order is expected to ease the entry of at least 291 existing mining applications, escalating threats to the environment and its defenders, anti-mining and environmental groups say. Signed April 14 and made public April 15, Executive Order 130 highlights the contribution of the extractives sector in reviving the country’s economy amid the COVID-19 pandemic. The sector is expected to support important projects like Duterte’s flagship “Build, Build, Build” infrastructure program, which the government says is pivotal to economic recovery. More mining would also create more jobs, the government says, in the country with one of the highest unemployment rates in Southeast Asia. Some 190,000 people were employed in mining in the Philippines before the pandemic, according to data from the Mines and Geosciences Bureau (MGB). While other sectors in the country have declined due to the pandemic and the lockdowns imposed in response to it, mining actually grew by 1.13%, driven mainly by nickel demand from China and a high gold price. The precious metal peaked at $2,000 per ounce last August and is expected to average at $1,700 this year as investors seek out a safe-haven asset. A long stretch of conveyor belt transport nickel ores to mineral processing plant within the Taganito Mining Corporation (TMC) site in Surigao del Norte province, February 2016. Image by Ryan Dael of EITI via Wikimedia Commons (CC BY-SA 2.0) While…This article was originally published on Mongabay Läs mer

SRNF Nyhetsbrev

SRNF Nyhetsbrev

Åh hej där 👋 Det är trevligt att träffa dig

Registrera för att hålla dig uppdaterad både som MEDLEM eller PRENUMERANT.

* Vi gör inte spam!! Läs vår integritetspolicy för mer information.

close

SRNF Nyhetsbrev

SRNF Nyhetsbrev

Åh hej där 👋 Det är trevligt att träffa dig

Registrera för att hålla dig uppdaterad både som MEDLEM eller PRENUMERANT.

* Vi gör inte spam!! Läs vår integritetspolicy för mer information.