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Philippine Mining Act of 1995

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Questions and Answers

What is the basis of the liberalization and restructuring of the mining industry in the Philippines?

Royal Decree of 1867

Philippine Mining Act of 1995 (correct)

Commonwealth Act No. 137

Petroleum Act of 1949

What type of shift does the text mention in relation to the mining industry?

Shift from large-scale to small-scale operations

Shift from labor-intensive to mechanized operations (correct)

Shift from transnational-dominated to Filipino-dominated industry

Shift from small-scale to artisanal operations

Which law pertained to the title of the land during the Spanish Regime?

Philippine Bill of 1902

Presidential Decree No. 972

Royal Decree of 1837

Royal Decree of 1867 (correct)

During which period was the Golden Age of Philippine Big Mining?

1960-1980 Signup and view all the answers

What triggered the closure and shutdown of 14 big & medium-sized metal mines?

The imposition of Martial Law Signup and view all the answers

Which event caused the enactment of P.D. 1899 in 1984?

500,000 people digging and panning for gold in Mount Diwalwal Signup and view all the answers

During the Spanish regime, what economic policy impelled Spain to build her wealth from abroad?

Mercantilism Signup and view all the answers

Why did the Spanish 'Adelantados' and their Frayles companions explore mining areas in the Philippines?

To aid in pacification campaigns against the Indios Signup and view all the answers

What prevented the Spaniards from penetrating the gold-rich areas in the Philippines during their colonial rule?

Resistance of the Ygorotes Signup and view all the answers

Why was the local mining industry considered stagnant during the Spanish regime?

Ineffective leadership by the Peninsulares & Insulares Signup and view all the answers