The Chamber of Mines of the Philippines (COMP) on Tuesday blamed the Aquino administration’s mining policy for the continued decline in investments in the country’s mineral sector.

In his opening speech at the Mining Philippines 2015 Conference & Exhibition, COMP president Bejamin Philip Romualez said that the last five years have not been encouraging for the country’s mineral development industry, with only 24 percent of the investment target having been realized.

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