Bandoro Mining Inc., is a proud member of Miners Association of the Philippines and advocate of Department of Environment & Natural Resources to propagate forest rehabilitation program thru Responsible Mining.
Recent Facts & Developments in Mining Industry in the Philippines
Opened up new areas for investments
Cancelled 84 mining permits and contracts covering 100,000 hectares to give way to serious investors.
On-going cleansing of mining applications including FTAA’s covering 1.8 million hectares of land.
Significantly reduced pending cases in the Mines Adjudication Board and the Panel of Arbitrators.
Reduce processing time for mining permit applications.
57% reduction to Exploration Permits.
54% reduction to Mineral Production Sharing Agreements
27% reduction in NCIP Certification.
Identified legislative agenda in support of responsible mining.
Direct remittance of LGU shares on Excise Taxes.
Supported the proposed National Land Use Act to provide guidelines for the use and allocation of lands for mining purposes.
Incentive for pollution control devices.