AngMinero
  • Home
  • News
  • Features
  • Business
No Result
View All Result
AngMinero
  • Home
  • News
  • Features
  • Business
No Result
View All Result
AngMinero
No Result
View All Result
Home Business

Marcos Jr. says he’s wary of open-pit mining

Nonetheless, he says mining is a valuable revenue source for the government

AngMinero News by AngMinero News
January 29, 2022
in Business, News
28 0
0
Marcos Jr. says he’s wary of open-pit mining
84
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter

While he believes that mining is a “valuable source of revenue for the government,” former senator and presidential candidate Ferdinand “Bongbong” Marcos, Jr. says that open-pit mining is something he’s wary about.

“When it comes to open-pit mining, I think I’m a bit wary about that because it is very difficult to control,” Marcos Jr. said in his interview with TV talk show host Boy Abunda, adding that the said mining activity causes pollution and contamination incidents even after the mine has closed.

The Department of Environment and Natural Resources recently lifted the four-year ban on open-pit mining for gold, copper, silver, and complex ores to help boost the country’s recovery from the adverse effects of the COVID-19 pandemic.

“Kaya pag-aralan natin yan. Baka naman may iniisip silang bagong teknolohiya na pwede nating gamitin na sasabihin na safe ang open-pit mining,” Marcos Jr. said.

The son of the late dictator Ferdinand Marcos, Sr. said the country should take advantage of the country’s huge natural resources, provided that there would be less impact on the environment.

“If we can take care, making sure that the environmental impact is in accordance with the law, then I think we can carefully exploit the natural resources to help the recovery of our economy,” Marcos Jr. said.

He also wants to explore battery technology minerals like nickel and lithium. Data from the Mines and Geosciences Bureau shows that the estimated value of nickel and other nickel products in 2020 was at Php69 billion.

 

Screengrab from The Boy Abunda Talk Channel.

Tags: 2022 electionsBongbong MarcosBoy AbundaCOVID-19 pandemicFerdinand Marcos Jr.Open-pit Mining Ban

Related Posts

Mining Fiscal Regime Overhaul Awaits Marcos’ Signature, Promises Predictability for Investors and Higher Revenues for Government
News

Four Mining Giants Showcase Industry’s Legacy at Baguio Charter Day Exhibit

September 15, 2025
OceanaGold projects increased gold production at Didipio Mine
News

Mine Rehab Costs Drop from PHP 3.5M Hectare to PHP 1.3M Hectare as OceanaGold Adopts New Ecological Approach

September 15, 2025
DENR-MGB Issues Critical Warning on Landslide and Flood Risks Amid Heavy Rains
News

14 New Mineral Lands Under Review by 2026 to Boost Mining Growth

September 12, 2025
Mining Fiscal Regime Overhaul Awaits Marcos’ Signature, Promises Predictability for Investors and Higher Revenues for Government
News

Yamang Minerals Ordered to Halt Abra Operations Over Indigenous Consent Violations

September 12, 2025
#AralLakbay Launched: Nickel Asia and CANVAS Bring Climate Lessons to Children
News

#AralLakbay Launched: Nickel Asia and CANVAS Bring Climate Lessons to Children

September 9, 2025
Taguig RTC Rules Joseph Sy is Filipino, Declares BI Detention Illegal
News

Taguig RTC Rules Joseph Sy is Filipino, Declares BI Detention Illegal

September 8, 2025

FEATURED POST

Mining Fiscal Regime Overhaul Awaits Marcos’ Signature, Promises Predictability for Investors and Higher Revenues for Government

Four Mining Giants Showcase Industry’s Legacy at Baguio Charter Day Exhibit

September 15, 2025
OceanaGold projects increased gold production at Didipio Mine

Mine Rehab Costs Drop from PHP 3.5M Hectare to PHP 1.3M Hectare as OceanaGold Adopts New Ecological Approach

September 15, 2025
DENR-MGB Issues Critical Warning on Landslide and Flood Risks Amid Heavy Rains

14 New Mineral Lands Under Review by 2026 to Boost Mining Growth

September 12, 2025
Mining Fiscal Regime Overhaul Awaits Marcos’ Signature, Promises Predictability for Investors and Higher Revenues for Government

Yamang Minerals Ordered to Halt Abra Operations Over Indigenous Consent Violations

September 12, 2025

EDITOR PICK'S

Four Mining Giants Showcase Industry’s Legacy at Baguio Charter Day Exhibit

September 15, 2025

Mine Rehab Costs Drop from PHP 3.5M Hectare to PHP 1.3M Hectare as OceanaGold Adopts New Ecological Approach

September 15, 2025

14 New Mineral Lands Under Review by 2026 to Boost Mining Growth

September 12, 2025

Yamang Minerals Ordered to Halt Abra Operations Over Indigenous Consent Violations

September 12, 2025

#AralLakbay Launched: Nickel Asia and CANVAS Bring Climate Lessons to Children

September 9, 2025

Taguig RTC Rules Joseph Sy is Filipino, Declares BI Detention Illegal

September 8, 2025

SMMCI, 11 Barangays Ink Local Hiring Agreement in Surigao City

September 5, 2025

Recent News

Mining Fiscal Regime Overhaul Awaits Marcos’ Signature, Promises Predictability for Investors and Higher Revenues for Government

Four Mining Giants Showcase Industry’s Legacy at Baguio Charter Day Exhibit

September 15, 2025
OceanaGold projects increased gold production at Didipio Mine

Mine Rehab Costs Drop from PHP 3.5M Hectare to PHP 1.3M Hectare as OceanaGold Adopts New Ecological Approach

September 15, 2025

Category

  • Business
  • Features
  • News
  • Uncategorized

Follow us

  • Setup menu at Appearance » Menus and assign menu to Footer Navigation

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.

No Result
View All Result

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.

Login to your account below

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In