MPSA & FTAA Flashcards

1
Q

An agreement between the Contractor and the
Government in which the Government grants the
Contractor the right to conduct mining operations
within the area of contract, excluding the title.

A

Mineral Agreement

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2
Q

Qualification of MPSA

A
  • Filipino citizen of legal age (Individual)
  • Authorized for the purpose of engaging in mining under the law. (Corporation, Partnership, Association or Cooperative)
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3
Q

Term of MPSA

A

25 years

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4
Q

Renewable years of MPSA

A

25 years, Upon renewal can be taken by either government or contractor.

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4
Q

Renewable years of MPSA

A

25 years, Upon renewal can be taken by either government or contractor.

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5
Q

Mandatory requirements for Individual (MPSA)

A

Location map
Three-year Development/Utilization Work
Program
Proof of technical competence
Proof of financial capability
Mining Project Feasibility Study
Complete and Final Exploration report

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5
Q

Mandatory requirements for Individual (MPSA)

A

Location map
Three-year Development/Utilization Work
Program
Proof of technical competence
Proof of financial capability
Mining Project Feasibility Study
Complete and Final Exploration report

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5
Q

Mandatory requirements for Individual (MPSA)

A
  • Location map
  • Three-year Development/Utilization Work Program
  • Proof of technical competence
  • Proof of financial capability
  • Mining Project Feasibility Study
  • Complete and Final Exploration report
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6
Q

Mandatory requirements for Corporation, Partnership, Association or Cooperative (MPSA)

A
  • Certificate of Registration, Articles of Incorporation/Partnership/Association and By-Laws
  • Location map or Sketch plan
  • Three-year Development/Utilization Work
    Program
  • Proof of technical competence
  • Proof of financial capability
    affidavit of Undertaking for Corporation,
  • Partnership, association or Cooperatives Mining – Feasibility Study
  • Complete and Final Exploration Report
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7
Q

Mandatory requirements For the holder of mining lease and existing contracts

A
  • Certification that the mining/quarry claims are valid and subsisting
  • Environmental report
  • Environmental Compliance Certificate
  • Mining Project Feasibility Study
  • Approved survey plan
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8
Q

Additional Requirements for MPSA
application

A

-Environmental Compliance Certificate
-Environmental Protection and Enhancement
Program
-Certificate of Environmental Management and
-Community Relations Record
-Approved survey plan
-Certification Precondition (FCIP) - NCIP

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