Mining Companies

John Eduard F. Betuin

Mining Companies (Topics)

▪ Mining Company
▪ Requirements of Mining companies
▪ Illegal Mining
▪ Top 3 Mining Companies
▪ Bottom 3 Mining Companies
Mining Company
What is Mining Company?
What is a mining company

A COMPANY THAT OWNS

AND MANAGES A MINE

Source:https://
www.google.com.ph/search?q=define+mining+company&rlz=1C1NHXL_
enPH813PH813&oq=defi&aqs=chrome.0.69i59j69i57j0l4.1125j0j7&sourcei
d=chrome&ie=UTF-8
What is a mining company

CAN’T DO BUSINESS
WITHOUT MEETING
REQUIREMENTS

Source:
According to Engr. Edgardo D. Castillo (Mining Tenement Management
Division OIC Chief)
Requirements of Mining Companies

Requirements:
▪ Mineral Production Sharing Agreement
(MPSA)
▪ Financial or Technical Assistance
Agreement (FTAA)
▪ Mineral Processing Permit (MPP)
▪ Exploration Permit (EP)
▪ Lease Contracts (MLC/PLC/LLC)
Source:http://
mgb.gov.ph/2015-05-13-01-44-56/2015-05-13-01-46-18/2015-06-03-03-4
2-49
Requirements of Mining Companies

Mineral Production Sharing

Agreement (MPSA):
▪ An agreement that grants the
contractor the right to mine within
(not to title over) the contract area

Source:http://
newsinfo.inquirer.net/871571/in-the-know-mineral-production-sharing
-agreement
Requirements of Mining Companies

Financial or Technical Assistance

Agreement (FTAA):
▪ An agreement that the
government and mining
companies about financial and
technical assistance to be offered
by the other party.

Source:https
://asiancorrespondent.com/2010/07/philippines-what-an-ftaa-can-do-t
o-a-local-economy-2
/
Requirements of Mining Companies

Mineral Processing Permit (MPP):

▪ Permit given by the government to
a mining company to process a
specific mineral or material.

Source:https
://asiancorrespondent.com/2010/07/philippines-what-an-ftaa-can-do-t
o-a-local-economy-2
/
Requirements of Mining Companies

Exploration Permit (EP):

▪ Permit given by the government to
a mining company to explore a
certain area.

Source:https
://asiancorrespondent.com/2010/07/philippines-what-an-ftaa-can-do-t
o-a-local-economy-2
/
Requirements of Mining Companies

Exploration Permit (EP):

▪ Permit given by the government to
a mining company to explore a
certain area.

Source:http
://www.mgb6.org/denr-issues-guidelines-in-the-filing-and-processing-
of-exploration-permit-applications
/
Requirements of Mining Companies

Lease Permit:
▪ Permit given by the government to
a mining company to have a fixed
possession to a land for a certain
period

Source:http://
www.mgb6.org/denr-issues-guidelines-in-the-filing-and-processing-of
-lease-permit-applications/
Top 3 and Bottom 3 Mining companies
Top 3 and Bottom 3 Mining companies

Matrix:
Compliance - 40%
Tax payment - 35%
Environmental - 15%
Social Development - 10%
----------------------------------------------
Total - 100%
Top 3 and Bottom 3 Mining companies

Demerits:
Violations - -15%
Non-tax payer - -30%
Negative Envi. effects - -10%