Apr. 25, 2017: Philex girds for MICC review

Apr. 25, 2017: Philex girds for MICC review

TUBA, Benguet—Philex Mining Corp. has formed an ad hoc committee to prepare for the planned multi-stakeholder review to be conducted by the Mining Industry Coordinating Council, and in line with the Duterte administration’s promotion of responsible mining.

This is apart from the previous audit done by the Department of Environment and Natural Resources.

“We have to be ready for this upcoming audit by the MICC,” said Eulalio Austin Jr., CEO and president of Philex Mining.

The firm’s committee is composed of company executives and senior managers at its Padcal mine here, Austin added.

“It’s not that we are unprepared; it’s just that we are taking this seriously, as we support the ruling administration in its move to rid the industry of irresponsible-mining practices,” he said.

Austin said the team is tasked to assess what and where else could the company improve in its operations, then draw up formal suggestions and recommendations, and cascade these to the employees, especially those who are hands-on in the mining and milling operations.

Philex Mining passed with flying colors the technical mine audit conducted by the DENR on all operating large-scale miners last August.

According to a statement released last Wednesday by the Department of Finance, this was not the multi-stakeholder review as required under Executive Order 79, which created the MICC in 2012 and tasked it to implement reforms in the country’s mining industry.

Quoting Finance Undersecretary Bayani Agabin, the DoF statement said the department came to learn about this during the recent meetings conducted by MICC and its TWG, or technical working group.

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