Abra is a Goverance Test for Philippine Mining
EDITORIAL
IN mining, capital does not move on optimism alone. It moves on clarity.
The proposed exploration program of Yamang Mineral Corporation (YMC), a subsidiary of FCF Minerals Corporation, has formally entered the Free, Prior, and Informed Consent (FPIC) process required under the Indigenous Peoples’ Rights Act of 1997.
That procedural milestone is more significant than any technical survey result. Under Philippine law, no exploration activity may proceed within ancestral domains without validated consent from the Indigenous Cultural Community. The process, facilitated by the National Commission on Indigenous Peoples (NCIP), is not advisory. It is determinative.
For boardrooms and investors tracking the Philippine mining sector, the implication is straightforward: g...









