Nearing the halfway mark into the Duterte administration’s tenure and much-vaunted development agenda, a potentially critical cog remains missing—or blocked. Executive Order 79, issued in 2012 by then-President Benigno Aquino, effectively forbids the approval of new mineral agreements until a legislation rationalizing existing revenue sharing schemes and mechanisms have taken effect.

Almost seven years into its implementation, the measure clearly presents a restriction in the growth of the beleaguered sector, which already suffers from a notoriously uncertain policy environment. Industry and other stakeholders feel like they are up against a policy wall, which continues to frustrate much-needed quality investments in the mining industry.

Read more