Mining industry finds favor with Marcos after Duterte snub

The mining industry could help ensure a sustainable recovery of the Philippine economy from the disruptions of the COVID-19 pandemic as this activity requires sizable investments while demand for mine output is high, according to President Marcos’ top economic manager.

« The mining industry holds the greatest potential to be a key driver in our economic recovery and long-term growth, especially now that world metal prices are high, » Finance Secretary Benjamin Diokno said in a statement.

« The Philippines, after all, is one of the world’s most richly endowed countries in terms of mineral resources, » Diokno said.

The finance chief attended the listing of Philex Mining Corp.’s new co…

Keep on reading: Mining industry finds favor with Marcos after Duterte snub


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