Apr. 20, 2017: Mining group seeks speedy government action on Siana project issue

Apr. 20, 2017: Mining group seeks speedy government action on Siana project issue
 
http://business.inquirer.net/227993/mining-group-seeks-speedy-govt-action-siana-project-issue

The voluntary suspension of activities at the Siana gold project in Surigao del Norte was an “unfortunate” result of regulatory inconsistencies that are affecting even responsible operators that have passed the mine audit, according to the Chamber of Mines of the Philippines (COMP).The Siana mine passed the audit, but it needed approval for new permits to be able to continue operations.

“We find it unfortunate that Red5 (Ltd.) has had to suspend mining operations,” COMP vice president Ronald Recidoro said in a statement.

“Despite exercising due diligence in its mining operations (it passed the Department of Environment and Natural Resources mine audit) and timely filing the appropriate ECC (environmental compliance certificate) application for a new tailings storage facility, Red5 has had to stop operations,”
Recidoro said.

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