Chamber of Mines hits govt lack of transparency in revenue-sharing scheme

The country’s biggest mining lobby on Monday complained about being kept in the dark on the proposed revenue-sharing scheme for the minerals industry.

Nelia Halcon, executive vice president of the Chamber of Mines of the Philippines (COMP), said the government has left mining industry players guessing on the content of the draft for the revenue-sharing scheme that has been approved by the Mineral Industry Coordinating Council (MICC).