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Philippines to make final mine suspension decisions by October-end

The Philippine government will make a final decision on further mine suspensions by the end of this month, Bloomberg News reported Oct. 6, citing Environment Undersecretary Leo Jasareno.

Officials are informing mining companies of proposed suspensions, giving them a week to respond and another week for the department to review their replies before reaching a final decision, Jasareno added.

In September, the Department of Environment and Natural Resources in the Philippines recommended 20 mining companies be suspended following an audit of mining operations in the country.

The new suspensions will be on top of the 10 mines already suspended, eight of which were nickel producers, due to environmental violations, since the audit started in July. The new move is expected to take the total number of suspended nickel mines to 18 out of a total of 30.

The miners facing mine suspensions include Sinosteel Corp.'s Sinosteel Philippines HY Mining Corp., the TVI Pacific Inc. and Mindoro Resources Ltd. joint venture Agata Mining Ventures Inc., Benguet Corp., OceanaGold Corp.'s OceanaGold Phils Inc., SR Metals Inc. and Carrascal Nickel Corp.