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Statement of the President in reaction to the SC decision declaring the Philippine Mining Act of 1995 constituional

"The Supreme Court has rendered a decision that firmly upholds the national interest.

As the 5th mineralized country in the world with a close proximity to the biggest market for minerals, China - the Philippines is poised for a strong economic take off based on a reinvigorated mining industry.

As mining investments pour in, the rural areas will experience a significant boost in jobs and productivity, plus a strong surge in infrastructure development.

We will make sure this comes hand in hand with the full protection of the environment and a sturdy umbrella of social and economic returns for host communities, especially the indigenous peoples.

The High Court has spoken with wisdom and joins the other great powers of Government to do what is best for the nation and people at this time of challenge and opportunity.

It signals the will and determination of the Filipino to fight poverty and achieve lasting prosperity."

President Gloria Macapagal-Arroyo

   

Republic of the Philippines - Mines and Geosciences Bureau / Department of Environment and Natural Resource
Central Office: MGB Compound, North Avenue, Diliman, Quezon City | Telephone: (63-2) 928-8642 / 920-9120