Ronald Recidoro

Philippine Minister Bans New Open-Pit Mines Worth $8 Bn

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Philippine socialite-turned-environment minister Regina Lopez caused ire in the mining industry Thursday by announcing a ban on new open-pit mines, a move that threatens over eight billion dollars in investments. Lopez, who has already ordered the closure of 23 mines this year, told reporters she would not allow any new open-pit mines to operate, even … Read more

Ex-Yoga Missionary Unleashes Rage On Philippine Miners

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After two decades as a yoga missionary, Philippine Environment Secretary Regina Lopez is unleashing her inner rage on the mining industry while aiming for Bhutan-style gross national happiness. Lopez has in recent months moved global commodity markets with a campaign to close roughly two-thirds of the existing mines in the Philippines, which is the world’s … Read more