RE:mining and covid in filipines just popped up : [url=Gov’t to sell mining assets as mine sites reopen]Gov’t to sell mining assets as mine sites reopen[/url]
The Department of Finance (DOF) wants to revive the mining industry to create jobs in rural as well as generate revenues for the government’s efforts in rebuilding the economy hit by the pandemic.
At the virtual Philippine Business Conference and Expo, Finance Secretary Carlos G. Dominguez III said that along with the revival of mining sector, the government also plans to sell all state mining assets.
Dominguez said the DOF is “very closely” working with the Department of Environment and Natural Resources (DENR) and the Mines and Geosciences Bureau (MGB) to “really push” for the reopening of the country’s mines.
“We are pushing the revival of the mining industry,” Dominguez said during the virtual forum. “As I keep on mentioning, the mining industry provides jobs in areas where there are no other alternative jobs.”
Describing mining as a provider of “good jobs,” Dominguez said the DOF had “a complete review” of government-owned mining assets that could be privatized.
“I have asked them [the Privatization Management Office (PMO)], to really push the revival… the privatization of Nonoc mines, Basay mines and all the other mines that are held by the government,” the finance chief said.