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Bongbong on mining

The Philippine government should have a clear policy on mining to maximize the benefits of the industry as the country remains one of the most mineralized area in the world, Senator Ferdinand Marcos Jr. said.

Marcos said during the sidelines of this year’s Mining  Philippines Conference & Exhibition the government had no clear policy on mining.

“We have to create a good policy towards mining. We are regarded the top 5 in the world for many metallic and non-metallic minerals so that is a natural resource that we should take advantage of. By having a purely anti-mining policy, then we are not taking advantage of that and we are lessening the benefits to our people,” Marcos said.

“The only way that we can do such an enlightened exploitation is by having a mining policy that is clear to everyone and not the contradictory directives coming from different agencies of the government,” he added.

Marcos, meanwhile, said proposed bills to increase taxation was “a classic case of killing the goose the lay the golden egg.” 

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