The Philippine Mining Act of 1995 (Republic Act 7942)

On March 6, 1995 then President Fidel Ramos signed into law Republic Act 7942, otherwise known as the Philippine Mining Act of 1995. On August that year, the DENR issued the Implementing Rules and Regulations of the Mining Act.

Essentially, RA 7942 is based on Article XII of the Philippine Constitution and thus mandates the State to manage the country ís mineral resources as owner and administrator, and to control and supervise exploration, development and utilization of mineral resources. The law reiterates the Constitutional provision that only the government may grant mining rights to individuals and corporations.