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Environment and Natural Resources Secretary Maria Antonia Yulo Loyzaga urged the mining industry to innovate the way it develops the country’s natural resources and align with the principles of sustainability, stewardship and resilience.
Sweden acknowledged during the forum it organized with the Chamber of Mines in the Philippines that the Southeast Asian country is endowed with rich mineral resources with a combined value of between $0.4 trillion to 1 trillion. “This all involves investing in science and technology and in integrating social and ecological considerations into our mining operations, promoting biodiversity as well, reducing carbon footprints, and implementing effective waste management practices. These must not just be part of our regulatory requirements but must now become essential elements of a progressive and responsible mining sector,” she said.
The order reflects the DENR’s commitment to ensuring that this is not just a regulatory requirement but a fundamental component of mining operations.
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