The Mines and Geosciences Bureau (MGB) Director Wilfredo G. Moncano thanked the representatives of mining companies who attended the 5th meeting on the DENR’s mining policy directions.
In his welcome remarks last October 30, 2018, Director Moncano said the industry is doing a great job in cooperating with the government and for helping improving the overall governance structure in mining.
“I would like to say that you are doing a great job in complying with the government’s directives and in cooperating with us, to address the gaps in the regulatory system and improving the overall governance structure in mining,” he said.
Director Moncano also congratulated OceanaGold Philippines for recently bagging the Philippine Chamber of Commerce and Industry’s 2018 Excellence in Ecology and Economy or E3 Award for their outstanding environmental programs.
“You have once again, gave honor to the mining industry by proving that environment care and mining can go together, and that responsible mining is possible and it exists,” Director Moncano said.
In the end of his speech, Director Moncano expressed hope for the mining companies to continue to ramp up their efforts in reforestation and preservation of the environment and natural resources.
The 5th meeting on the mining policy directions of the DENR focused on the new fiscal regime of the mining industry, and the second package of the Tax Reform for Acceleration and Inclusion or TRAIN 2, on mining.
It was held at SEDA Vertis North in Quezon City.
By: Mineral Economics, Information and Publications Division