‘Decisive’ action on mining conflict urged
The maximalist position of the mining sector investment community has been laid bare. The 'decisive action' being urged upon the PH government would entail, among others, making drastic amendments to the Local Government Code. It will be a tough battle for the central government if it decides to pursue the lines proposed by this business group.
The global demand for raw materials is foreseen to continue its upward swing. Investors in the mining sector then will always remain confident about their business. The ball is squarely in the court of the PH government: what is its 'national bottom line on mining' and to what extent must it protect this against 'investor confidence'.