where can we locate mineral in phillipines
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the location is PACIFIC RING OF FIRE.This area is associated with over 450 volcanoes and is home to approximately 75%of world's active volcanoes.the phillipines is list as the 5th mineral country in world.
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It is stated in the Republic Act No. 7942 or the Philippine Mining Act of 1995 the governing law that regulates mineral resources development in the country. The objective of this act is to serve as a reference and as a reminder related to the issue regarding the magnetite ore mining.
The overall contents of this act gives considerations on the local government empowerment, the respect and concern for the indigenous cultural communities, equitable sharing of benefits and natural wealth, demands of present generation while providing the foundation for future generations, the worldwide trend towards globalization and lastly protection for wise management of the environment.
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The overall contents of this act gives considerations on the local government empowerment, the respect and concern for the indigenous cultural communities, equitable sharing of benefits and natural wealth, demands of present generation while providing the foundation for future generations, the worldwide trend towards globalization and lastly protection for wise management of the environment.
Hope it helps u
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