Philippines Gina Lopez the DENR head was rejected yesterday....

Philippines

Gina Lopez the DENR head was rejected yesterday. Phillipines mining index was up <3% on the news

No replacement given yet, but if it is Jacinto that is massive news for all industry players

Nickel was relying on the ban to continue for higher prices, so could see a sell of in Ni prices

Stocks like OGC and RTG that had their operations at risk should rerate significantly

RTG is in the final stages of their Mabilo mining license, and Jacinto was assisting them. If he gets in, giddy up !