This developed as the Chamber of Mines of the Philippines (COMP) announced it will adopt the Towards Sustainable Mining (TSM) initiative, a mining sustainability standard developed by the Mining Association of Canada (MAC) in order to further improve local mining operations standards.
Bayani Agabin, Department of Finance (DOF) undersecretary, said the MICC’s findings recommend the lifting of the ban while tightening rules enforcement.
All the smoke signals point the ban being lifted imminently
RTG Price at posting:
27.0¢ Sentiment: Buy Disclosure: Held
