
Reduce red tape, DMCI Mining urges
DMCI Mining Corp. President Tulsi Das Reyes told reporters over the weekend that a one-stop shop for permits would be a big boost.
DMCI Mining Corp. President Tulsi Das Reyes told reporters over the weekend that a one-stop shop for permits would be a big boost.
The mining sector wishes that the government will set up a one-stop shop for the securing of permits needed to develop mineral resources in the country—similar to the one put up by the Department of Energy (DOE).
The mining sector deplores the sorry lack of a one-stop-shop (OSS) efficiently taking care of the permitting process where the national government requires a set of documents while local government units require another.
In a statement, NAC said the winning universities received a grant of P100,000 each during its first-ever Sustainability Contest to work on research projects that will enhance environmental practices and promote responsible utilization of natural resources using science-based techniques.
Theresa Mundita S. Lim, executive director of the Asean Centre for Biodiversity, said these pockets of biodiversity can provide safe haven to plant and animal wildlife during mining operations, where forests are shaved and mountains are carved to extract minerals.
PNIA has proposed the creation of a one-stop shop to fast-track government approval of mining permits to just six months to a maximum of one year from the current processing period of as long as 10 years. Faster mining approval will be conducive to quality foreign investments.
PNIA is discussing with government the proposed implementation of a “one-stop shop” program in the mining sector to fast-track the approval of permits, similar to the Energy Virtual One Stop Shop (EVOSS) System, which streamlined the permitting process of energy generation projects in the country to attract more investments in the sector.
At a news conference during the Nickel Initiative held in Makati City on Tuesday, Bravo said they are hopeful of drastically cutting down the gestation period for mining investments by streamlining the mining permit process.
THE Department of Environment and Natural Resources (DENR) said it will provide support for efforts to discover deposits of “critical minerals” like iron, cobalt, rare earths, as well as nickel.
The Philippines has the potential to supply much of the world’s increasing demand for nickel, however there is a need for predictability and ease of doing business in order for the nickel sector to develop.