Mining needs consistent policies to prosper, says Tampakan operator

MANILA, Philippines --- The Philippines needs "stable" policies to attract more investments in the mining sector even with the constant change in leadership, according to Sagittarius Mines Inc. (SMI) SMI legal and compliance manager Stella Joy Segocio said the country's mining industry was optimistic over the government's pronouncements on reviving the sector to buoy economic recovery. "[It's] very optimistic, especially coming from the past two [administrations] ..." she told reporters, citing the country could take advantage of favorable copper prices. However, Segocio said the government needed to institutionalize policies that would not be dependent on who was leading th...

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