RTG 6.38% 4.4¢ rtg mining inc.

Movement Today, page-14

  1. 41 Posts.
    lightbulb Created with Sketch. 3
    https://hotcopper.com.au/data/attachments/3528/3528542-61bc757fa430ca129f6fcb978c965bd7.jpg
    above was the original ,and below was 0n the 27/8/2021.I will need to do more research to see whats going on.

    (033) 336-2815[email protected]

    DENR issues IRR of EO. No. 130

    Iloilo City – Department of Environment and Natural Resources (DENR) Secretary Roy A. Cimatu signed DAO 2021-25 or the Implementing Rules and Regulations (IRR) of Executive Order No. 130 last August 2, 2021.

    EO No. 130 signed by President Rodrigo R. Duterte last April 14, 2021 amended Section 4 of EO No. 79 issued by former President Benigno S. Aquino III in 2012 and in effect, lifted the nine-year moratorium on new mining projects.

    A Technical Working Group from MGB and DENR formulated DAO 2021-25 streamlining procedures and requirements for the processing and approval of new mining applications.

    The IRR provides key policy guidelines such as: (1) renegotiation of existing mining contracts and agreements to maximize government revenues and share from production; (2) review and recommendation of appropriate measures to rationalize existing sharing schemes and mechanisms; (3) declaration of areas covered by Mineral Agreements into mineral reservation; and (4) strict implementation of mine safety, environment and social development policies, including compliance of mining contractors/permit holders with the recommended measures of the Mining Industry Coordination Council, based on the result of the completed objective, fact-finding, science-based review of mining operations.

    The government recognizes that the mining industry can be a key driver in the country’s post-COVID recovery, by ushering in significant economic benefits through increased direct investments, creation of additional employment opportunities in rural areas, and support to government projects such as the “Build, Build, Build” Program. (MGB CO as main reference.)

    The full copy of the IRR can be accessed through this link at DENR website: DAO 2021-25


    .

 
watchlist Created with Sketch. Add RTG (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.