Mining lobby: DENR suspension pronouncements premature

THE country’s big mining lobby on Wednesday lamented the Department of Environment and Natural Resources’ (DENR) reckless public pronouncement on the results of the mine audit, despite the premature

In a statement, the Chamber of Mines of the Philippines (COMP) expressed concern over the repercussions of such pronouncements, stressing that the damaging manner the report was released is highly inconsistent with the letters sent to certain companies inform

impact not only on our present mining projects but also upcoming projects,” said COMP Vice President for Policy Ronald Recidoro.

On Tuesday, Environment Undersecretary Leo Jasareno revealed that the audit team has recommended the suspension of - mental violations, unsystematic mining methods and outstanding social issues.

Among those recommended for suspension are the following: Libjo Mining Corp., AAM- Phil Natural Resources Exploration and Development Corp.—Parcel 1 and Parcel 2B, Krominco Inc., Carrascal Nickel Corp., Marcventures Mining and Development Corp., Filminera Resources Corp., Strongbuilt Mining Development Corp., Sinosteel Philippines HY Mining Corp., Oriental Synergy Mining Corp., Wellex Mining Corp.

Also included in the recommendation for suspension are Century Peak Corp.—Rapid City Nickel Project and Casiguran Nickel Project, Oriental Vision Mining Philippines Corp., and

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