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On inactive, invalid, unused exploration permits: Senate President Francis “Chiz” G. Escudero presides over the Environment, Natural Resources, and Climate Change Subcommittee public hearing on Monday, March 3, 2025, on inactive, non-operational, invalid or unused exploration permits (EPs) and mineral production sharing agreements (MPSAs), which are contrary to the declared policy of the Philippine Mining Act of 1995. Escudero noted that the country is among the top 10 countries in the world that have rich mineral resources: 5th in global mineral reserves; 3rd in gold; 4th in copper; 5th in nickel; and, 6th in chromite. Senate Resolution No. (SRN) 1310, filed by Escudero, said that despite the country’s rich mineral resources, the poor management and utilization of the country's mining areas diminish the potential positive impact of mining on economic growth and employment, noting that In 2024, the gross value added from mining and quarrying accounted for only 0.71 percent of the annual gross domestic product (GDP), and the sector employed just 0.54 percent of the total workforce as of November 2024. “Why is that? Why aren't we benefiting from it? What laws and regulations need to be changed, and where exactly is the problem that prevents continuous operations? Is the exploration or mining itself being hindered because some companies hold permits that are not being utilized?” the Senate leader asked. The resolution stated that inactive, non-operational, invalid, or unused EPs and MPSAs hinder the government from issuing permits or entering agreements with other contractors. They also prevent financially and technically capable entities from applying for new exploration permits or mineral agreements in areas where non-performing EPs or MPSAs exist. (Senate Public Relations and Information Bureau) |
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