A drive to reduce electricity shortages in the Philippines will see the country set out to become the largest geothermal energy producer in the world in line with efforts to increase its focus on renewable energy sources.
Philippines Energy
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A new mining policy in the Philippines is intended to bring greater regulatory clarity to the sector and is an important step towards unfreezing the current hiatus in an industry that has huge potential. However, until a new revenue-sharing bill for the sector – which will likely raise taxes on mining operations – is implemented, no new contracts will be awarded.
Articles & Analysis | What lies beneath: High commodity prices and incentives bring a surge in investment, although local opposition in some areas remains an issue from The Report: The Philippines 2012
Located on a belt of volcanic activity, the archipelagic nation of the Philippines is the fortunate beneficiary of millions of years of violent volcanism and tectonic plate convergence, which have left behind a fortune in mineral wealth just beneath the surface. The attraction of these potential riches has drawn in some of the world’s preeminent...
Articles & Analysis | Turning on the flow: A range of incentives are attracting investors to the sector from The Report: The Philippines 2012
With the Mining Act of 2005 finally helping to bring stability to the sector and stronger incentives putting investors’ minds at ease, money has begun to flow into the sector in recent years. After a decade of limited foreign investment into mining, averaging $43.13m per annum from 1999 to 2009, according to statistics from Bangko Sentral ng...
Interviews & Viewpoints | OBG talks to Ramon Paje, Secretary, Department of Environment and Natural Resources (DENR) from The Report: The Philippines 2012
Is the mining industry’s current regulatory environment sufficient to attract investment in the sector?
Articles & Analysis | Nickel into dimes: Regional demand drives expansion of domestic output from The Report: The Philippines 2012
While the nickel rush brought about by the commodity price spike in 2006-08 has largely subsided, nickel mining remains by far the largest metallic commodity by weight and value produced in the Philippines.