May 2, 2017: DENR requires miners to make EITI tax disclosures

May 2, 2017: DENR requires miners to make EITI tax disclosures
 

EITI requires firms involved in extractive industries to disclose their tax payments. The DENR made EITI compliance a condition of maintaining the validity of their environmental compliance certificates (ECCs), among other business permits.

The order was dated March 10 and uploaded on the Mines and Geosciences Bureau’s (MGB) Web site. Administrative Order No. 2017-07 was signed by Environment Secretary Regina Paz L. Lopez.

All mining firms under the agency’s jurisdiction must now take part in PH-EITI in accordance with the requirements set by the Philippines Multi-stakeholders Group “to ensure greater transparency and accountability in the extractive industries, specifically in the way the government collects and companies pay taxes from extractive industries.”

According to the new policy, mining firms that fail to comply with the disclosure requirements of the PH-EITI will have their ECCs suspended and will not be issued either ore transport permits or mineral export permits.

“The certificates and permits will remain canceled until the mining companies are able to comply with the PH-EITI requirements,” read the MGB statement posted on the bureau’s Web site.

May 2, 2017: Geologic mapping planned for Bicol, Calabarzon regions this year – MGB

May 2, 2017: Geologic mapping planned for Bicol, Calabarzon regions this year – MGB
 

According to a statement posted on the bureau’s Web site, the MGB’s Lands Geological Survey Division attended a five-day workshop in February aimed to establish baseline geologic data and to discuss the methods needed to complete the geologic mapping exercise.

“The output will be… geologic maps which are expected to be extremely useful for many practical applications such as in mineral exploration, groundwater resource and vulnerability assessment, solid waste disposal site selection, land use planning, and other applications,” read the MGB statement.

A total of 98 map sheets at 1:50,000 scale are the target outputs for the bureau’s 2017 Geologic Quadrangle Mapping Project.

Quadrangle geologic maps are comprehensive geologic maps recording details on areas essential for good land use planning and resolving geologic problems.