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October 4 2018

PABC held the third roundtable discussion on the Philippine Mineral Reporting Code (PMRC), on Thursday, 4 October 2018, at the Manila Elks Club, Corinthian Plaza building, Makati City. The PABC is one of the key organizations that initiated the crafting of the PMRC. Many thanks to our speakers who spoke on the following topics:

“PMRC Committee: Its Formation & Future” by Mr. Ciceron A. Angeles Jr. (Geological Society of the Philippines, Director), and

“PSE’s Mandate of Disclosure: PMRC in Focus” by Atty. Roel Refran (Philippine Stock Exchange, Chief Operating Officer)

PABC Chairman Dennis A. Quintero moderated the meeting.

The primary objective of this third roundtable discussion is to form the PMRC Committee among its stakeholders, coming from the Geological Society of the Philippines (GSP), the Philippine Society of Mining Engineers (PSEM), and the Society of Metallurgical Engineers of the Philippines (SMEP) and the various supporting organizations. The meeting had a great turnout, with GSP, PSEM, and SMEP well-represented. Regulators from the Mines and Geosciences Bureau, Department of Energy, and the Philippine Stock Exchange were likewise in attendance.

Also present were Rufino Bomasang (Professional Regulation Commission Board of Mechanical Engineering), Alberto P. Morillo (GSP President), Alberto V. Amorsolo, Jr. (SMEP President), MGB Regional Director Roger de Dios (PSEM President), MGB Regional Director Armando Malicse (PSEM, Past President), Brad Norman (Australia New Zealand Chamber of Commerce, Vice-President), Cornelio Casido (Professional Regulation Commission Board of Mechanical Engineering), Donald Estrella (PSEM Director), Earl Jan Nera (Department of Energy), Eric Nera (SMEP), Fernando Penarroyo (GSP, Director), George Baquiran (GSP Competent Person Accreditation Committee Chairperson), Jake Foronda (SMEP), Johan Raadsma (Philippine Mining and Exploration Association, Vice-President), Jose Saret (PSEM), Marcelo Bolano (PSEM), Pocholo C. Domondon (Isla Lipana & Co/PWC, Partner), Raymundo Savella (GSP, Vice-President), Fred Monsada (SMEP), Violy Searby (PABC Past Chair), Teddy Villanueva (PABC Vice-Chair), Fred Chua (PABC Trustee), Sixto Benedicto (PABC member/chair of Benedicto Steel Corporation), and Jennifer Lee (PABC Corporate Secretary).