'Mining in the Philippines Essay\r'

'A. Introduction\r\nThe Philippine Government believes that a well-developed minerals labor is an option that git catalyze economic ripening and community empowerment. Minerals atomic number 18 part of its national patrimony, hence there is a big tariff to maximize the benefits that can be derived from their utilization with out-of-pocket regard to the protection of the purlieu and without sacrificing the interests of communities.\r\nThe legal and administrative framework judicature the minerals industry in the Philippines is contained in Republic lick none 7942 (otherwise known as the Philippine minelaying Act of 1995) and given flesh by its revised implementing rules and regulations (Administrative position no(prenominal) 96-40) and its subsequent amendments. These policies advocate the sustainable phylogenesis of mineral resources in the country.\r\nWhile both the Mining Act and its regulations provide a strong focusing on environmental and social management, they continue to be the subject of debate by some non-government organizations who are questioning the compatibility of extraction and utilization of minerals with sustainable development. Also, they make questioned the constitutionality of the major feed of the Mining Act governing the participation of unlike-owned corporations in the geographic expedition, development and utilization of these mineral resources by filing a case at the Supreme Court in February, 1997.\r\nAfter octet years of study, the high dally initially trenchant to sustain the charge of the contesting parties. However, after successful first appearance of arguments by Government and industry on the merits of allowing foreign investors to participate in the development of the minerals industry, the case was last resolved in December 1, 2004 when the high court reversed its earlier decision and upheld the constitutionality of the contested provisions in the Mining Act. With this legal impediment removed, explo ration and development activities in the Philippine minerals industry is due to become vibrant once again.\r\nCompared to previous policy regimes on mining, the Mining Act calls for a great responsibility from Government and the industry. Mining companies are pass judgment to work closer with stakeholders to improve the quality of vivification within the communities where they operate. As regulator, Government, on the other hand, has the responsibility of establishing and maintaining the enabling environment for a sustainable development of the industry.\r\nMinerals development in the country is led by no less than the President of the Republic of the Philippines. In her declaration of a policy shift in mining â€Å"from tolerance to promotion”, minerals development was assign among the priority economic activities in the country during her presidential tenure. Early this year, she signed Executive Order No. 270 which approved a national policy agenda on revitalizing the minerals industry based on the principles of sustainable development. From this order, a Minerals Action Plan (MAP) was later formulated by Government to chart a roadmap for the future development of the minerals industry. Minerals development is now an strategic component of the Medium Term Philippine maturement Plan 2004-2010.\r\n'