Philippines set to offer 30 coal projects first quarter 2012

The Philippines said on Thursday it will offer 30 coal exploration projects in the central and northern provinces, where mining is not yet banned that may need total investments of $600 million at a tender to be held in the first quarter of 2012.

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MINING.com reported last week members of a Filipino tribe are protesting after the country’s second richest businessman agreed to enter a joint mining venture on the island of Palawan. Palawan was in the news recently when the Puerto Princesa subterranean river on the island was chosen as one of the world’s new seven wonders of nature.

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