Aquino gov’t agrees to revise mining IRR
Aquino gov’t agrees to revise mining IRR
MANILA, Philippines – The government caved in to the mining industry’s call to change legally and financially contentious provisions in the recently issued mining rules.
The announcement on the revision in 3 provisions of the mining rules on Monday, September 24, comes after President Aquino called a Malacañang meeting with members of a council responsible for issuing the rules, which the Chamber of Mines said are illegal.
At the mining industry conference on September 19, the industry threatened to sue the Aquino government for the “patently illegal” provisions in the Implementing Rules and Regulations (IRR) of its mining policy.
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