Duterte Reverses Mining Stance Yet Again; Mining Firms Warned of Higher Taxes

President Rodrigo Duterte’s mining stance has changed once again after he said he would tap Gina Lopez in the creation of new regulations for the sector. He also declared during his State of the Nation Address that environmental protection should take precedence over economic benefits of extraction, a reversal of his earlier order to current Environment Secretary Roy Cimatu to respect extraction agreements. He warned mining firms of higher taxes if they would not pay for the complete rehabilitation of affected…

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