Compromise needed in mining sector, says Aquino

GENERAL SANTOS CITY, Philippines — President Aquino said yesterday that there is a need to go into a compromise with the various sectors involved in the mining sector. While acknowledging that the wishes of the local communities must be respected, he noted that large-scale mining companies have shown a strong sense of accountability compared to small-scale miners.

In a press conference following his visit to a local hog farm here, the President was asked about his position on the continuing impasse in the open pit mining ban in South Cotabato that is stalling the $5.9 billion Tampakan copper-gold project.

Read More…

Leave a Reply

Please note that your comments will be subject to moderation by the PMEA Blog Administrator.