The Department of Environment and Natural Resources (DENR) said that the country is on the right track toward achieving compliant status with the Extractive Industry Transparency Initiative (EITI) by 2015, with comprehensive mining reforms now in place.
Environment Secretary Ramon Paje made the assessment two weeks after the Philippines was accepted as a candidate country to join the EITI, a globally developed standard that ensures more transparency and better governance of a country’s mining resources.
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