RTG Mining welcomes Philippines decision to lift ban on new open-pit mines

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On December 23rd, 2021, Secretary Roy Cimatu of the Department of Environment and Natural Resources (DENR) signed the Department Administrative Order No. 2021-40, eliminating the country’s four-year ban on open-pit mining for copper, gold, silver, and complex ores.

Australian mining and exploration company RTG Mining, which operates multiple mining projects in the Philippines, has welcomed the decision.

“The  DENR  order  covers  all  mining  tenement  holders  that  will adopt a surface  mining method and sets strict conditions and requirements for those that would use the open-pit method to ensure all mining is undertaken to world’s best practices.  We are pleased with the DENR’s continued efforts to encourage the mining industry,” the company said in an ASX announcement.

“The Mabilo Project developed in line with the DENR’s directives, has the capacity to stimulate economic growth  in  the  local  communities,  the  Province  in  which  the  project  is  located  and  the Philippines more broadly.”

The Mabilo Project is a high-grade copper-gold project located in the Camarines Norte Province, Eastern Luzon, Philippines.

The company also operates the Bunawan Project which consists of four project sites in the Pacific Cordillera volcanic arc’s mineral province in the Philippines, as well as the Nalesbitan Project, located 15 kilometres west of Mabilo.

The  lifting  of  the  ban,  according to the DENR order, is meant to “revitalize the mining industry  and  usher  in  significant  economic  benefits  to  the  country  by  providing  raw materials  for  the  construction  and  development  of  other  industries  and  by  increasing employment opportunities in rural areas.”

Image credit: https://www.rtgmining.com/projects/mabilo/