16
Apr
17:18
Philippines reopens mining investment
Philippines President Rodrigo Duterte announced last Thursday that the nine-year mineral investment ban has been lifted to increase government revenue and help the country recover from the Covid-19 hit.
Executive Order (EO) No. 130 signed on 14 April allows the government to enter into new mineral agreements and review existing mining deals for possible renegotiation, Kallanish notes. ''The DENR (Department of Environment and Natural Resources) shall …
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Very good overview of the weekly steel market.
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