Augmented DENR budget proposed to aid mining supervision - BusinessWorld Online

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Augmented DENR budget proposed to aid mining supervision - BusinessWorld Online
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An expanded budget for the Department of Environment and Natural Resources (DENR) has been proposed in the Senate commensurate with its increased responsibilities as the mining industry grows. READ:

“You need to give opportunities to mine and if you need the budget to function well, then we need to ask for an additional budget. Let’s develop the mining industry now that they have allowed open-pit mining,” Senator Cynthia A. Villar said at a hearing of the Senate subcommittee on“If we don’t give you the right funding, we won’t be able to fully open this industry,” Senator Maria Lourdes Nancy S. Binay added.

“We are trying to identify high-risk and high-opportunity areas for the development of the country,” she added.“It is time to revisit our mining laws to make sure our environment remains protected while the government establishes the appropriate policies to maximize revenue from the sector,” Senator Robinhood Ferdinand C. Padilla said.Ms. Loyzaga said the DENR’s regulatory capacity is being built up for the mining industry, speci“We need to develop our own processing and value-adding.

Senator Lorna Regina B. Legarda said a balance must be achieved between mining earnings and the conservation and restoration of degraded areas.

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