Mining probe body urges Lafayette license revoked
http://news.inq7.net/nation/index.php?index=1&story_id=76408
By Christian V. Esguerra, Christine Gaylican
Inquirer
SAYING it wanted to send a strong message to investors that the Philippines was “not a nation of prostitutes,” a Malacañang-formed commission yesterday urged the government to review a mining law that allows foreigners 100 percent ownership of local mines, and to stop the operations of Australia’s Lafayette Mining Ltd. on Rapu-Rapu island, Albay.
The Rapu-Rapu fact-finding commission headed by Sorsogon Bishop Arturo Bastes called on the government to cancel the environmental compliance certificate issued to two companies of the Lafayette Group, and for a moratorium on mining on the island.
It also asked the government to “review the Philippine mining act, specifically the provision on the ownership and management of mining firms and operations,” Reuters news agency said, quoting from what it said was an advance copy of the report. (more…)
