Petroleum, Mining, and Logging Industries

[-TC-]

Originally Posted by smokingunmanila

Honestly, I am ignorant on these matters since I am really against mining deep inside my soul...but!...of course, I know our country will earn so much if mining will be allowed to operate.

Question: so does it mean that mining companies are now operating 100% full capacity? are there new guidelines wherein the environment is being protected? wag article answer mo ha...yung alam mo nalang para short...

Existing Philippine mining companies are taking advantage of record prices and demand to export in bigger volumes to countries like China for example. But this is only the tip of the iceberg therefore not yet hitting 100% of our potential as a mining country. We all know that this particular industry needs a huge amount of capital so the recent headlines of investments coming into the country is indeed welcome.The SC decision to finally uphold allowing foreign participation in the Philippine mining industry opened the doors to these companies and they are now coming in droves.

Originally Posted by smokingunmanila

Question: what do you think is our future with mining? in your opinion..will you allow foreign companies such as china to operate here in our country>

Our future is bright if you see that all the biggest mining companies in the world are setting up shop here and pouring in the dollar$$$. These Canadian, Australian, Chinese, American investors can come and invest. Why not? They have the funds. We have the gold.