The Philippine Nickel Industry Association (PNIA) is urging the government to fast track the processing of mining permits through a “one-stop-shop” program similar to what was provided to support growth sectors, such as the energy sector. PNIA President Dante R. Bravo said the common sentiment of members of the PNIA,…
The Philippine Nickel Industry Association is urging the government to fast track the processing of mining permits through a “one-stop-shop” program similar to what was provided to support growth sectors, such as the energy sector.
“We are looking at a period of 6 months to 1 year,” he said, adding that at present, it takes about 15 to 20 years for a prospective mining project to start producing minerals or commercial production because of the numerous regulatory requirements and processes. Marcos earlier made it clear that the country needs the mining industry to achieve its growth target. In his official foreign visits, the President is encouraging businessmen to invest in the country, assuring of a business-friendly policy environment.
Bravo explained that while the government is focused on attracting investors in value-added processing, industry development efforts should include mining exploration and extraction because a nickel processing plant requires more than 100 million tons of raw nickel ore for at least 20 years to be considered viable.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Super Typhoon Goring begins looping path over Philippine SeaSuper Typhoon Goring (Saola) is 125 kilometers east of Casiguran, Aurora, moving east southeast as it starts its counterclockwise loop late Sunday, August 27
Read more »
Goring weakens into typhoon, continues loop over Philippine SeaPAGASA says Goring (Saola) may re-intensify and return to super typhoon status by mid-Tuesday, August 29. Floods and landslides also remain possible.
Read more »
27 MVPSF-Philippine junior taekwondo jins compete in Asian tourneyA 27-player MVPSF-Philippine National Junior Team will be leaving on Wednesday, Aug. 30, for Beirut, Lebanon to compete in the 2023 Asian Junior (Kyorugi, Poomsae) and Para Taekwondo Championships slated Sept. 2-10.
Read more »
Three areas under Signal No. 1 as Goring moves north over Philippine SeaThough it has weakened since Sunday from a super typhoon, Typhoon Goring on Monday afternoon maintained its strength as it continued to move north over the Philippine Sea, PAGASA said.
Read more »
A toast to the departing and arriving Cathay Pacific Philippine chief'Hail and Farewell' is a tradition of this five-star airline
Read more »
DISCOVERY HOSPITALITY AT 34TH PHILIPPINE TRAVEL MART | Unveiling unforgettable getawaysEmbark on an exciting journey of unforgettable travel experiences with Discovery Hospitality Corporation at the 34th Philippine Travel Mart (PTM) this September 1–3, 2023, happening at the SMX Convention Center Manila. From the clear waters of Boracay, Palawan, Samal, and Sipalay to refined suites in the heart of the city,…
Read more »