HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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https://www.reuters.com/article/us-philippines-mining/philippines-implements-fresh-nickel-mining-curbs-in-environment-protection-drive-idUSKCN1LM0KY

 

SEPTEMBER 6, 2018 / 2:00 AM

Philippines implements fresh nickel mining curbs in environment protection drive

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MANILA (Reuters) - The Philippines, one of the world’s top suppliers of nickel ore, will this week start limiting the land that miners can develop at any one time as new rules to protect the environment take effect.

The new curbs, backed by President Rodrigo Duterte, target 29 of 48 mines operating in the Philippines, which are nickel producers supplying ores to the world’s leading market, China. Reuters first reported the new set of restrictions in April.

Mining is a deeply contentious issue in the resource-rich Southeast Asian country after past examples of environmental mismanagement.

The industry group Chamber of Mines of the Philippines said it supports the government order.

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