Mining Act of 1975

The Mining Act of 1975 is a law in the Philippines that governs the exploration, development, and utilization of mineral resources in the country. It establishes the framework for granting permits and licenses to mining companies, ensuring responsible and sustainable extraction of minerals. The Act emphasizes environmental protection, local community rights, and revenue sharing with the government. It aims to promote geological exploration, efficient mineral management, and balanced economic growth while safeguarding ecological integrity and ensuring that mineral wealth benefits Filipinos.