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CN_20210056Effectivity of the 2020 PMR CTO:THE INVESTING PUBLIC AND MARKET PARTICIPANTSSUBJECT:EFFECTIVITY OF THE 2020 PHILIPPINE MINERAL REPORTING CODE (2020 PRC)DATE:November 4, 2021Please be informed
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How to fill out new mineral reporting code

01
Obtain the new mineral reporting code guidelines from the relevant regulatory body.
02
Gather all necessary information about the mineral deposit being reported on.
03
Identify and classify the mineral reserves and resources according to the new reporting code standards.
04
Prepare detailed reports on the mineral deposit based on the new reporting code requirements.
05
Submit the completed reports to the appropriate authorities for review and approval.

Who needs new mineral reporting code?

01
Mining companies and exploration firms who are involved in mineral resource estimation and reporting.
02
Regulatory bodies and government agencies overseeing the mining industry.
03
Investors and stakeholders interested in the mineral assets of a company.
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The new mineral reporting code is a standardized framework established to ensure transparency, accountability, and consistency in the reporting of mineral resources and reserves.
Companies and entities involved in mineral exploration, mining, and resource development are required to file the new mineral reporting code.
To fill out the new mineral reporting code, companies must complete a designated form that includes sections on project details, resource estimates, and compliance with industry standards.
The purpose of the new mineral reporting code is to enhance the reliability of mineral resource information, promote best practices, and facilitate comparisons across different projects and jurisdictions.
The information required includes details on mineral resources and reserves, geological data, exploration results, and compliance with ethical and regulatory standards.
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