President Duterte lifts ban on new mining deals

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(Eagle News) — President Rodrigo Duterte has lifted the ban on granting new mine agreements in a bid to spur economic growth. In signing Executive Order No. 130, the government may now effectively “enter into new mineral agreements, subject to compliance with the Philippine Mining Act of 1995 and other applicable laws, rules, and regulations.” Then-president Benigno Aquino III  had ordered the ban in 2012 “until a legislation rationalizing existing revenue sharing schemes and mechanisms shall […]