Mining Industry Coordinating Council to Re-audit Closed Mining Operations

The Mining Industry Coordinating Council (MICC), headed by Finance Secretary Carlos Dominguez and Environment Secretary Gina Lopez, will re-audit the findings of the Department of Environment and Natural Resources (DENR) on the 28 closed or suspended mining operations. Members of the academe will be tapped to conduct the investigations estimated to last three months. This comes after the Department of Finance updated its estimate of potential revenue loss from the closures to P821.13 million from the initial…

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