Philippines needs a sustainable balance

THERE are mixed messages coming from the Philippines, all of which impact the mining industry and mining investment – positively or negatively. In these difficult global times for mining, it is important that the Aquino Government achieves a sustainable balance so that mining proceeds, investment increases, Filipino people benefit and the environment is not compromised. Easier said than done, but the government has to date shown a commitment to work towards this balance, which stands it in good stead in the quest to effectively manage all competing interests.

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Networking vital in difficult times

IN these difficult times for the mining industry the support factors of networking and education are more important than ever. Establishing, maintaining and growing networks can provide many benefits to mining companies and the METS sector – chatting with like-minded peers, discussing successes and failures, sharing expertise, and learning about different situations. Education is always important in developing business but during troubled times it is even more important as this is when things must be done better or differently if companies are to survive.

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Vital time for Indonesia’s mining industry

THERE are some encouraging signs for mining after an uncertain 2012 with commodity prices recovering, Chinese growth picking up and economies in the US and Europe less troubled than previously. If South East Asia’s largest economy, Indonesia, is to gain full benefits of a mining recovery, the remainder of 2013 is a vital time as the country prepares for several imminent mining legislative changes.

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More of the same for mining in 2013

2012 saw economic uncertainty around the world exacerbated by growing financial troubles in Europe and deliberate slowing of China’s growth. This uncertainty was reflected in the mining industry with resulting downward trends for most mineral prices and great difficulty in securing funds for exploration, mine development and expansions, which led to a concerning and increasing number of project postponements and cancellations. The overall downward trend in the mining industry and investment has not been aided by an increasing amount of resource nationalism around the world.

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Sylwia Pryzbyla, Editor

Sylwia Pryzbyla
Editor, ASIA Miner and Australian Editor, E&MJ
[email protected]

Sylwia Pryzbyla has more than two decades of experience in media and publishing industries.

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