2ND QUARTER 2023

May 29, 2023

PMRC 101.1 Seminar – Basics of the Philippine Mineral Reporting Code 2020 Edition for CoalVenue: PNOC, Department of EnergyThe Philippine Mineral Reporting Code Committee (PMRCC) in cooperation with the Energy Resource Development Bureau (ERDB) of the Department of Energy (DOE) held the first seminar on the Philippine Mineral Reporting Code 2020 Edition (PMRC 2020) for coal. The PMRC 2020 Edition allows the compatibility of the Philippine Mineral Reporting Code with the international mineral reporting codes under the Committee for Mineral Reserves International Reporting Standards (CRIRSCO) and paves the way for the acceptance of the PMRC Committee (PMRCC) membership in CRIRSCO.

DOE Undersecretary Alessandro Sales opened the event and remarked that more workshops must be held in order to facilitate a reporting system suitable for the coal industry.

The webinar was held on May 29, 2023 from 8:00am to 5:00 pm. Engr. Hilbert Cardenas, Training Committee Head of the PMRCC, and Mr. Alvaine Ibarrola of the DOE were the emcees of the event The event featured the following:

• History and Framework of the PMRC by Fred Monsada

• CRIRSCO and International Reporting Codes by Jun Angeles

• PMRC 2020 and its Implementing Rules and Regulations by Rogel Santos

• The PMRC Committee by Eric Nera

• Reporting of Exploration Results, Exploration Targets, and Mineral Resources (TR- Form 01) by George Baquiran

• Coal Resource Estimation Case Study by Joseph Foronda of PNOC-EC

• Reporting of Mineral Reserves (TR-Form 02) by Marcelo Bolano

• Conversion of Mineral Resources to Mineral Reserves by Rolando Cruz

After the presentations, the Q&A session elicited a lot of response and interest from the participants.

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May 26, 2023

PMRC 101.2 Webinar – Basics of the Philippine Mineral Reporting Code 2020 Edition. The event was organized by the Geological Society of the Philippines (GSP), a Parent Organization of the PMRCC. It was the first webinar on the Philippine Mineral Reporting Code 2020 Edition (PMRC 2020) which is due for full implementation on September 21, 2023 since the two-year transitory period with the older PMRC 2007 will end on September 20th. The PMRC 2020 Edition makes the Philippine Mineral Reporting Code compatible with the international mineral reporting codes under the Committee for Mineral Reserves International Reporting Standards (CRIRSCO) and paves the way for the acceptance of the PMRC Committee (PMRCC) membership in CRIRSCO.

The webinar was held on May 26, 2023 from 1:00 to 5:30 pm. Mr. Cecilio C. Bautista was the emcee of the event while Mr. George B. Baquiran welcomed the participants and acknowledged the sponsors. The event featured the following:

1. The PMRC and its Implementing Rules and Regulations (IRR) by Mr. Leonardo S. Marcelo, Jr.

2. GSP Mineral Reporting Code Committee (GSP-MRCC) and the GSP Accredited Competent Person (ACP) System by Dr. Rogel A. Santos

3. GSP Code of Ethics by Mr. Roy Ronald C. Luis

4. PMRCC Updates by Mr. Ciceron A. Angeles, Jr.

5. The Basics and Proper Reporting (PMRC) of Nickel Laterite Deposits by Engr. Arnulfo B. Santiago

After the presentations, the Q&A session elicited a lot of response from the participants. The session was facilitated by the emcee which lasted for almost an hour. The webinar attracted the participation of more than 140 people consisting mostly of geologists, some metallurgists, mining engineers, and staff from the Philippine Stocks Exchange (PSE) and Mines and Geoscience Bureau (MGB).