
04/09/2025
Speaker Ferdinand Martin G. Romualdez and Senior Deputy Speaker David “Jayjay” Suarez look on as President Ferdinand R. Marcos Jr. signs into law the Enhanced Fiscal Regime for Large-Scale Metal Mining Act (Republic Act No. 12253) during a simple ceremony at Kalayaan Hall, Malacañang Palace, on Thursday morning. The two House leaders were among the lawmakers who stood as witnesses to the historic signing. The new law simplifies and rationalizes the fiscal regime for large-scale metallic mining, while upholding the principles of transparency, accountability, and good governance in the mining industry.
Marcos