ChanRobles Virtual law Library
PHILIPPINE LAWS, STATUTES & CODES
A collection of Philippine laws, statutes and codes not included or cited in the main indices of the Chan Robles Virtual Law Library.
Home > Chan Robles Virtual Law Library > Philippine Laws, Statutes & Codes > :
Search for
www.chanrobles.com
:
EXECUTIVE ORDERS
PLEASE CLICK HERE FOR THE LATEST ➔ PHILIPPINE LAWS, STATUTES & CODES
EXECUTIVE ORDER NO. 211 -
PRESCRIBING THE INTERIM PROCEDURES IN THE PROCESSING AND APPROVAL OF
APPLICATIONS FOR THE EXPLORATION, DEVELOPMENT AND UTILIZATION OF
MINERALS
WHEREAS,
the 1987 Constitution places the exploration, development and
utilization of natural resources under the full control and supervision
of the State and allows the State to undertake activities relative
thereto to enter into co-production, joint venture, or production
sharing agreements with Filipino citizens or corporations or
associations at least sixty per centum of those capital is owned by
such citizens;
WHEREAS, there are presently issued mining leases, licenses and/or
permits or grants, as well as operating agreements and service
contracts in relation to which the grantees, local and foreign, have
already made huge investments in terms of money and equipment;
WHEREAS, there are pending new applications for such mining grants as
well as applications for renewal of such grants and there will
foreseeably be prospective applications for such grants;
WHEREAS, the mining industry plays a pivotal role in the economic
development of the country and is a vital tool in the government’s
thrust of accelerated recovery, hence, it is imperative to formulate
procedures to ensure the continuity of mining operations and
activities, and to hasten the development of mineral resources;
NOW, THEREFORE, I, CORAZON C. AQUINO, President of the Philippines, do
hereby direct and order:
Section 1.
Sec. 2.
Sec. 3.
Sec. 4.
Sec. 5.
Sec. 6.
Done in the City of Manila,
this 10th day of July, in the year of Our Lord, nineteen hundred and
eighty-seven.
chanrobles virtual law library
Back to Main
chan
robles virtual law library
Since 19.07.98.