The Manila Times

Extracting the most value

- PwC’s NEEDLES IN A HAYSTACK POCHOLO C. DOMONDON PwC’s

AS if the mining industry has not yet hit rock bottom of an open pit, losses continue to pile up with miners still contractin­g operations and postponing -

- - ducted of the top 40 global mining players’ in 2015, entitled Mine not defeated, found that mining capitaliza­tion declined by 37 per than it was during the height of

Locally, the situation is no different with operations directly connected to the world market and the miners are always at the public scrutiny, especially on areas - These questions are nonetheles­s welcomed by the industry, which respects the state’s responsibi­lity of making sure equitable return - continuing chatter and argument primarily on unit and method of measuremen­t and on accuracy and completene­ss of underlying

In bills and coins

The simplest way is based on paid by mining companies in the 2014, the total contributi­on of the 20 leading large-scale metallic reported in the 2nd country re on the local mining, oil and gas sectors, and ultimately promote and regulatory purposes, among but not limited to, regulatory framework, total number of issued licenses and permits to date, and a reconcilia­tion of taxes and fees be - lion represents approximat­ely 35 - Taken on a stand-alone basis, the analyzed against non-comparable - oil and gas, cement and coal, as well as with other mining coun without considerin­g difference­s economic conditions may lead to - ingly, deeper assessment is sug

Multiplier effect

report is that the data gathering limited to the miners and does not encompass economic contributi­ons of entities that are directly These include local processing

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