New Philippine mining policy causes uproar

Despite flurry of criticism, government insists economy should be top priority in time of crisis.

    Philippine President Benigno Aquino has announced a new mining policy, after imposing a moratorium on new mining contracts for the next five years

    While reviewing some 300 existing contracts, the government found that around 30 are actually operational.

    The president says he aims to copy the best mining practices in other countries, reform the industry and generate more revenues for state coffers.

    But it remains unclear how the government aims to share its tax revenues and royalties. Many are calling the move "plundering", saying it robs the country's national resources and violates workers' welfare.

    Al Jazeera's Jamela Alindogan gauges the reactions from Manila.

    SOURCE: Al Jazeera


    YOU MIGHT ALSO LIKE

    Visualising every Saudi coalition air raid on Yemen

    Visualising every Saudi coalition air raid on Yemen

    Since March 2015, Saudi Arabia and a coalition of Arab states have launched more than 19,278 air raids across Yemen.

    Lost childhoods: Nigeria's fear of 'witchcraft' ruins young lives

    Lost childhoods: Nigeria's fear of 'witchcraft' ruins young lives

    Many Pentecostal churches in the Niger Delta offer to deliver people from witchcraft and possession - albeit for a fee.

    Why did Bush go to war in Iraq?

    Why did Bush go to war in Iraq?

    No, it wasn't because of WMDs, democracy or Iraqi oil. The real reason is much more sinister than that.