LAF lafayette mining limited

news leak reuters article MANILA, June 13 (Reuters) - The...

  1. 249 Posts.
    news leak reuters article MANILA, June 13 (Reuters) - The Philippines will allow
    Australia's Lafayette Mining Ltd. to temporarily reopen
    its mine in the centre of the country for a test run after two
    cyanide spills in October, a government source said on Tuesday.
    The source said the government will allow Lafayette 30 days
    to test run its zinc and copper mine on Rapu-rapu island,
    southeast of Manila.
    Environment Secretary Angelo Reyes is scheduled to talk to
    reporters at around 0300 GMT regarding Lafayette's mine
    operations.
    President Gloria Macapagal Arroyo is pushing a revival of
    mining to bring in overseas investment and reduce poverty but has
    come under pressure from anti-mining C atholic bishops to ban
    foreigners from 100 percent ownership of local mines.
    A fact-finding commission, chaired by a bishop, into the
    environmental impact of the cynanide spills called for the
    permanent closure of Lafayette's operations and a moratorium on
    mining on Rapu-rapu island.
    ((Reporting by Rosemarie Francisco,
    [email protected]; Reuters Messaging:
    [email protected]; +63 2 841-8937))
    Keywords: MINING PHILIPPINES LAFAYETTE


    Tuesday 13 June 2006 12:52:24 AEST
 
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