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Mining > Day 2 pt.1 > Flashcards

Day 2 pt.1 Flashcards

1
Q

Toxic substances, hazardous and nuclear waste act of 1990

A

RA 6969

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2
Q

term of a Temporary Safety Engineer/Inspector’s permit

A

1 year

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3
Q

Issues Mine/Quarry foreman’s licence

A

PRC Board of Mining Engineering

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4
Q

Approves Small Scale mining permits

A

Provincial governor

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5
Q

Mine waste and tailings disposal fee law

A

P.D 1251

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6
Q

Approves MPSA

A

DENR Secretary

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7
Q

max area of Small Scale Mining Permit

A

20 ha

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8
Q

Govt Act that regulates Mine Engg practice

A

RA 4274

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9
Q

Max area of quarry permit

A

5 ha

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10
Q

Max area for FTAA

A

4000 blocks

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11
Q

Min age for employment

A

18 yrs

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12
Q

Goal of IPRA law of 1997

A

promote rights of indigenous peoples

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13
Q

IPRA law

A

RA 8371 of 1997

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14
Q

Study that can be submited to support a loan application

A

Bankable Feasibility Study

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15
Q

1 long ton to short ton

A

1.12 short tons

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16
Q

Document submtd and apprvd bef ECC in envt crit areas

A

Environmental Impact Assesment

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17
Q

CAD acronym

A

Computer Aided Design

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18
Q

Teaming up of companies with diff expertise while being separate entities

A

Strategic alliance

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19
Q

Exploration principle called “successive elimination of risks”

A

Least cost operations first

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20
Q

Basic law governing coal devt in the Philippines

A

Commonwealth act of 137

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21
Q

ACT TO PROMOTE AN ACCELERATED EXPLORATION, DEVELOPMENT, EXPLOITATION, PRODUCTION AND UTILIZATION OF COAL

A

PRESIDENTIAL DECREE No. 972 July 28, 1976

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22
Q

AMENDING PRESIDENTIAL DECREE NUMBERED NINE HUNDRED SEVENTY TWO, OTHERWISE KNOWN AS THE “COAL DEVELOPMENT ACT OF 1976”

A

PRESIDENTIAL DECREE NO. 1174

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23
Q

Owner of mining project primarily interested in the returrn on his capital, what measure of profitability will be used?

A

Internal rate of return

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24
Q

valuation method using future free cash flow and discounts them at an annual rate, to arrive at present value estimate

A

Discounted Cash Flow

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25
Q

Method of valuation that does not consider time value of money

A

Accounting rate of return

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26
Q

Mine owner only concerned w/ rec investments as quickl as possible

A

Payback period

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27
Q

Mine owner only concerned w/ optimizing wealth

A

net present value

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28
Q

In IPRA law what do m ine companies need to secure from IP before operations

A

free and prior informed consent

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29
Q

Fraudulent Canadian mine company in Busang Indonesia

A

Bre-X Ltd

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30
Q

Gov’t agency that awards COC’s

A

DOE

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31
Q

Code of ethics for mining engineers about unions

A

no mention

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32
Q

Worst Mine disaster in the Philippines with 84 dead

A

Malangas Coal Mine nethabe gas explosion

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33
Q

CIF means?

A

Cost, Insurance and Freight paid by you

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34
Q

CNF means?

A

Cost, No insurance and freight paid by you

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35
Q

FOB means?

A

no charge to the buyer from start of shipment to the dock

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36
Q

Software to perform quality assesment from data accumulated by field eqpt.

A

Asset tracking software (ATS)

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37
Q

Sector where the concept of production sharing was first practiced

A

Energy development

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38
Q

Define offshore for MPSA

A

from mean low tide level up to 20 nautical miles of the exclusive economic zone

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39
Q

Issues Guano permit

A

Provincial Governor/Mayor office

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40
Q

Small scale mining permit issuer outside of Mineral reservation

A

Provincial Governor/City Mayor Office

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41
Q

Max vol of extraction for EXCLUSIVE sand and gravel permit

A

50 sq, m

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42
Q

Define Foreign-owned Corporation

A

Corporation, partnership, assoc or cooperative less than 50% owned by Filipino citizens

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43
Q

Define Gross output

A

actual market value of minerals or mineral products from mining area

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44
Q

Qualified person acting alone or in consortium who is party to a mineral agreement

A

Contractor

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45
Q

Define Co-production MA

A

Input of the government beyond the land and minerals

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46
Q

Apply quarry permit here

A

Provincial/City Mining Regulatory board

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47
Q

Mine and quarry operationswith 25 to 50 needs these to ensure safety

A

1 mining engineer with 5 years experience and 1 registered foreman

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48
Q

Annual occupation fee for MPSA/FTAA/Explo INSIDE MINERAL RESERVATIONS

A

100 php per ha

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49
Q

1 meridional block

A

0.5 min lat by 0/5 min long

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50
Q

Document that lays out environmental programs during operations, incorporates ECC and Contractor’s plan

A

Environmental Protection and Enhancement Program (EPEP)

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51
Q

Document prepared by Environmental Management Bureau (EMB) that serves as application for Environmental Compliance Certificate (ECC)

A

Environmental Impact Statement (EIS)

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52
Q

Define Environmentally Critical Project

A

high potential for significant potential impact

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53
Q

Used to insure just compensation fro damages and rehab for adverse effect.

A

Contingent Liability and Rehabilitation Fund (CLRF)

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54
Q

Who issues CLRF

A

DENR/MGB

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55
Q

Panel or group of people that has exclusive juridiction to hear and decide disputes over rights to mining areas,

A

Panel of Arbitrators

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56
Q

Panel of Arbitrator held by

A

Regional Office and DENR

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57
Q

Document that lays out the fundamental priciples and norms in conduct

A

Code of Ethics

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58
Q

EO no. 270 signed by Pres GMA in January2004 titled as:

A

National Policy Agenda on Revitalizing Mining in the Philippines

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59
Q

IRR for the EIS system signed by DENR secretary on June 30, 2003

A

DENR Administrative Order No. 2003-30

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60
Q

Define Indigenous Cultural Community

A

IP who preserved culture since time immemorial

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61
Q

Detailed survey of property to get fact regarding the mine and its future prospect

A

Complete Mine Examination

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62
Q

Sampling method for hard to very hard ore

A

Chip Sampling

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63
Q

Salting is intentional or unintentional

A

both

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64
Q

Sum of money left unpaid for a certain number of years is called

A

Annuity in arrears

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65
Q

Define compound interest

A

interest gained plus principal then get interest of this sum

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66
Q

What is Immediate annuity

A

Annuity payable at the end of the year

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67
Q

Define Discounting

A

The valuing of commmission of the income into present value or present worth

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68
Q

Cost depletion factor formula

A

First cost over resource capacity

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69
Q

Annual depletion charge

A

Cost depletion factor * annual yield

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70
Q

What are dummy samples?

A

Sample w/ intentionally erroneous data to guard against salting

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71
Q

People’s Small-scale Mining Act of 1991

A

RA 7076

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72
Q

“Establishing Small Scale Mining”

A

PD 1899

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73
Q

MAx limit of production for Small Scale Mines

A

50000 tons ina a yr

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74
Q

Small Scale Mining Act

A

2 years renewable for like periods

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75
Q

In Small scale mining permit, permitee shall produce within what time period

A

12 months

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76
Q

Small scale permitee is exempt from all taxes except this

A

Income Tax

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77
Q

PD 1899 exploration within 2 years and within this area

A

1 block/81 has

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78
Q

Samll scale miner is licensed as such by the:

A

DENR

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79
Q

In RA 7076 section 3 , “Active Mining Area” is determined by who

A

DENR Secretary

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80
Q

RA 7076 Section 3, “Mining Plan”, w/c establishes mining and financial plan is valid for this time

A

2 years

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81
Q

RA 7076 section 4,People’s Small Scale Mining Program purpose

A

DENR w/ coord w/ LGU to systematize small scale dev’t and utilization

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82
Q

Small Scale Mining Program implemented by whom

A

DENR Secretary

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83
Q

Mineral Resources Development Decree of 1974

A

PD 463

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84
Q

Meridional block system extabllished here

A

PD 463

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85
Q

How many PSSM contracts per person at any given time

A

one only

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86
Q

If PSSM area is covered by existing mining right, claim owner is entitled to a this % royaty

A

1.5%

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87
Q

If PSSM arae is under a private property, entitled to this amt of royalty

A

1%

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88
Q

Ra 7076 establishes buying stations for ___, in gold rush stations

A

Central bank

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89
Q

Issues licence for operation of custom mills

A

Board

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90
Q

PSSM protection fund __% share of internal or produciton share to govt

A

15%

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91
Q

Mineral processing zones designated by

A

LGU

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92
Q

VIOLATION of rules and regulations implemented by the secretary fined this amount

A

Php 20000- 100000

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93
Q

PSSM Area is reverted to the state if failure to comply with health and safety standards, who decides this

A

DENR Secretary, upon rec of Regiona Director of DENR

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94
Q

Issues PSSM contracts to people under review of DENR sec

A

Provincial/City Mining Regulatory Board (BOARD in short)

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95
Q

Composition of the Board

A

DENR Rep,
Rep of the Governor or city mayor,
SSM rep.
Large scale mining rep

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96
Q

Violation of provision of RA 7076 imprisonment sentence

A

6 months to 6 years

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97
Q

PSSm in consolidated by this house bill

A

House Bill No. 10516, May 30 1991

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98
Q

PSSM consolidated under this Senate bill

A

Senate Bill No. 1333, May 30 1991

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99
Q

IRR governing Processor’s permit to small scale gold ming

A

DAO No. 5, series of 1989

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100
Q

SS miners are licensed by who

A

DENR

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101
Q

Holder of existing mining right

A

Claimowner

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102
Q

Removal of overburden from placer deposit

A

Stripping

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103
Q

Guidelines in the issuance of Special Permits for pebble picking along beaches

A

DAO No. 28, series of 1992

104
Q

Define gold rush area in terms of number of miners and tons of gold per day

A

> = 50 transient or local miners and 5 tons per day

105
Q

Natural nmaterial with plastic properties

A

clay

106
Q

LGU can issue SSM with an area of

A

5 hectares and below

107
Q

MGB can issue SSM contract area of

A

< 20 ha

108
Q

Granitization of sedimentary rocks arecontrolled by this process

A

metasomatization

109
Q

Define Head

A

Pressure diff caused by diff in elev

110
Q

Title owner of a land

A

Land Owner

111
Q

Thick veins or grp of veins

A

Lode

112
Q

Define placer

A

Concentration due to mech erosion

113
Q

Differentiate Mine Rehab and Envt Mngt

A

Rehab repairs what is already damaged

114
Q

Define Potential Gold Rush Area

A

< 50 transient or local miners

115
Q

What are Riffles

A

designed to catch gold in a sluice box

116
Q

Rules and regulations governing the Granting of Small Scale Mining Permits under PD 1899

A

Mines Administrative Order (MAO) No. MRD - 41, Series of 1984

117
Q

IRR of RA 7076

A

DAO No. 34, Series of 1991

118
Q

Ammendment to Mines Administrative Order (MAO) No. MRD - 41, Series of 1984

A

Mines Administrative Order (MAO) No. MRD - 41-A, Series of 1984

119
Q

Diwalwal Gold Rush Area is in what province

A

Davao del Norte

120
Q

Implementing Guidelines for SSM Operations

A

Memorandum Circular No. MRD - 2, series of 1985

121
Q

What is compressor Mining

A

Alluvial gold mining usig air compressors to breathe underwater while using picks and sacks to collect ore

122
Q

Additional Rules and Regulations

Governing Small Scale Operations

A

Mines Administrative Order (MAO) No. MRD - 50, Series of 1987

123
Q

Amendment to MRDB Administrative Order No. 3

A

MRDB Administrative Order No. 3-A, Series of 1987

124
Q

Msall Scale Mine Safety Rules and Regulations

A

Administrative Order No. 97 - 30

125
Q

Two processes used in SSM to extract gold

A

Amalgamation and Cyanidation

126
Q

SSM uses small and confined excavations called

A

Dogholes

127
Q

Camote Mining entails

A

dogholes, highgrading of gold, low grade as waste

128
Q

Major Vein deposit in Diwalwal

A

Balite and Buenas Tinago

129
Q

Mining method used in Diwalwal like JB Management and mining corporation and Helica Mining Corporation

A

Open pit

130
Q

Siruma White Clay Mineral Reservation found in what province

A

Camarines Sur

131
Q

Act prohibiting Extraction of Gravel and Sand

A

Batasang Pambansa Blg. 265

132
Q

Licence or permit on a minerealized land prior to declaration of PSSM

A

Existing mining right

133
Q

Max area for exploration by any individual in any one province onshore

A

1620 has

134
Q

Max area a corp can hold at on time at one province for an MA

A

100 blocks

135
Q

Contiguous zone extent

A

25 nautical miles seaward from baseline of Phil Archipelago

136
Q

IRR of RA 7942 which revised DAO No. 96-23, series of 1996

A

DENR Administrative Order (DAO) No. 96 - 40

137
Q

Governing law on surface rights and compensation to damages

A

PD 512

138
Q

EEZ extent

A

200 nautical miles from baseline of Philippine Archipelago

139
Q

Ore transport permit issued by

A

MGB REGIONAL Director

140
Q

Max area under sand and gravel permit as issued by PMRB (Board)

A

5 hectares

141
Q

Permit granted by Prov governor to extract sand and gravel co-terminus with infrastructure devt

A

Government Gratuitous Permit

142
Q

Max area of a Govt Gratuitous Permit

A

2 ha

143
Q

All submerged lands in the exclusive economic zone of the Philippines

A

Mineral Reservation

144
Q

No person under ___ years of age shall be employed in any phase of mining operations

A

16 yrs old

145
Q

no person under __ years of age shall be employed underground in a mine.

A

18 yrs

146
Q

New mining act was passed by the ____ Congress in 1995

A

Ninth

147
Q

Mining Law bef RA 7942

A

EO 279

148
Q

Define interest ratio

A

ratio of earnings from an investment to amount invested for a specified period

149
Q

Define discount rate

A

rate of interest which deducts all the earnings of a future sum to time

150
Q

process of converting the cost of anb asset into an expense acount or cost over its useful life

A

Depreciation

151
Q

Define present value

A

sum of money invested today that will be equivalent to a future sum

152
Q

Define DIRECT cost

A

cost wc is dependent upon output or volume of production

153
Q

The compensation of an exhaustble natural resource to produce products or services

A

depletion

154
Q

Define NON-CASH cost

A

Investment cost that is written off for the purpose by way of depreciation, depletion, or amortization over a period of time

155
Q

Define Least Square (regression) method

A

Method of forecasting that consist of finding the equation of a line

156
Q

List of prices and corr quantites consumer are willing and able to buy over a period of time

A

Demand

157
Q

Confidence interval

A

X ± Z (s/√n)

158
Q

Z values for 99%, 95%, 90% confidenc interval

A

2.576, 1.96, 1.645 respectively

159
Q

Discount factor formula

A

1/(1+r)^n

160
Q

Give 4 examples of Indirect cost

A

Rentals, Taxes, Interest, depletion

161
Q

Define Gross margin

A

company’s total sales revenue minus its cost of goods sold

162
Q

Gross income, also known as gross pay,

A

individual’s total pay before taxes or other deductions.

163
Q

Gross profit

A

company makes AFTER deducting the costs associated with making and selling its products

164
Q

Net income

A

equal to net earnings (profit) calculated as sales less COGS, SG&A, operating expenses, depreciation, interest, taxes and other

165
Q

Taxable Income

A

gross income minus any deductions or exemptions allowed in that tax yea

166
Q

Gross earnings

A

total income earned prior to the application of any tax deductions or adjustments.

167
Q

Define income statement

A

financial report that comp revenues and theexpenses for a particular period

168
Q

Define Balance sheet

A

financial report wc shows financial postion of a business entity by summarizing its assets

169
Q

Obligations of abusiness entity that may be paid within one year or within th e operating cycle

A

current liabilities

170
Q

sinking fund method

A

technique for depreciating an asset in bookkeeping records while generating money to purchase a replacement for the asset when it reaches the end of its useful life.

171
Q

Hoskolds Siniking Fund method

A

Valuation method wc considers uniform earnings during LOM and provides redemption of the capital investment at the end of the LOM

172
Q

Percentage of income earned by a project to the capital invested in the project

A

Return on investment

173
Q

Leverage

A

using borrowed capital a a source of finance

174
Q

Dividends

A

Part of income which the company returns to investors/stockholders

175
Q

Mineral processing permit issued by

A

DENR secretary

176
Q

Responsibilities of DENR

A

Coonservation, management, development and proper use of the country’s mineral resources

177
Q

All proposed mineral agreements shall be filed in

A

Region where subject area is located

178
Q

Term of an MA

A

25 years and another 25 yrs only

179
Q

Mining operations are required to be covered by ECC which is based on what:

A

Environmental Impact Assessment

180
Q

ad valorem tax

A

is a tax based on the assessed value of an item such as real estate or personal property.

181
Q

Occupation fees collected from mining , __% of wc goes to the province, remaing goes to municipilaty

A

30%

182
Q

Def SSM CONTRACT

A

MA agreement bet state and SSM contractor

183
Q

Accdg to Local Government Code, SSM is regulated by the

A

Provincial Governor/ City Mayor

184
Q

FTAA is negotiated by the ___ and aprvd by the ___

A

DENR, President of the Phil

185
Q

Mineral Land is defined by the law as

A

Area w/ mineral resources

186
Q

Law that reduces retirement age of workers from 60 to 50

A

RA 8558

187
Q

Exploration permit term limits

A

2 years renewable for like periods but not more than 6 years

188
Q

Exploratio permit within mineral reservation is approved by

A

MGB Director

189
Q

Exclusive/Private Sand and grravel permit period

A

60 days non-renewable

190
Q

COMMERCIAL SAND AND GRAVEL PERMIT area

A

5 hectares

191
Q

COMMERCIAL SAND AND GRAVEL PERMIT term limits

A

1 year renewable for like periods

192
Q

GOVERNMENT GRATUITOUS PERMIT weight limit

A

2000 kgs

193
Q

GOVERNMENT GRATUITOUS PERMIT term limit

A

1 year non renewable

194
Q

Mineral PROCESSING permit term limits

A

5 years renewable for like periods until 25 years

195
Q

rate of excise tax levied on gold and chromite

A

2%

196
Q

Annual occupation fee for MPSA/FTAA/Explo OUTSIDE MINERAL RESERVATIONS

A

pHP 50

197
Q

The probability ofparts pf a body included i n the sample cannont be estimated

A

Non- probability samplin

198
Q

Isopach meaning

A

Map which shows thickness variations of strata in a region usning contour lines and drill data

199
Q

Define Semi-variable or mixed costs

A

Cost wc contain both fixed and variable cost; increase in cost from changesin output but ntot directly proportional

200
Q

2 types of dump/stockpile sampling

A

Channeling and trenching

201
Q

Define Discounted cash flow rate

A

discounted cash flows = present value of costs, compared to measure profitability

202
Q

Marginal income

A

amount of revenure left after deducting variable cost

203
Q

Define profit

A

Diff bet revenure and total cost

204
Q

Product of quantity/vol sold at the set selling price

A

Total revenure

205
Q

Define RELATIVE ERROR OF MEAN

A

diff bet calculated mean and true mean

206
Q

Royalties, raw materials, labor is what type of cost

A

Direct or variable cost

207
Q

ore reserve estimation involves math of random fxns to reconnaissance of mineral depsits

A

geostatistics

208
Q

Byproduct of PASAR used by Philpost for fertilizer

A

Sulfuric acid

209
Q

INCHROME in Manticao, Misamis Oriental product

A

Charge/Ferro chrome

210
Q

The point where the curve leave the first tangent.

A

point of curvature

211
Q

The point where the curve joins the second tangent.

A

point of tangency

212
Q

The point of intersection of the two tangents.

A

vertex

213
Q

In order to maintain the right direction/center of an opening in underground, it is necessary to put a _____.

A

center line

214
Q

Length of one link in a Gunter’s chain

A

0.66 ft or 7.92 inches

215
Q

What is a Chorobates

A

instrument designed for levelling using water along a long slot and a plumb bob

216
Q

Sum of interior angle when given num of sides

A

(N-2)*180

217
Q

Most common levelling instrument

A

Automatic or Self-levelling level

218
Q

What is Topographic surveying

A

process of det positions on the earth’s surace

219
Q

What is planimetry

A

the surveying of location of features

220
Q

Topography is

A

det of configuration of features on the ground

221
Q

Closed contour lines that represent a hill or depression

A

hatchures

222
Q

What is a laser vertical collimator

A

like a laser plumb bob to make sure shaft is vertical

223
Q

Who developed GPS

A

US Department of Defense

224
Q

GIS are computer programs that do:

A

store and analyse spatial data

225
Q

Trapezoidal Rule Formula

A

d( (h1+hn)/2 + h2 + h3 + hn-1)

226
Q

Simpson’s 1/3 rule

A

d/3 (h1 + hn +2(odd) +4 (even))

227
Q

Planimeter is a mechanical device use to

A

det area of shape plotted on scale drawing

228
Q

tonnage, grade and mineral content extimated at low level of confidence

A

Inferred Mineral Resource

229
Q

tonnage, densities, shape, physical characteristics, grade and mineral content estimated at reasonable confidence

A

Indicated Mineral Resource

230
Q

geologicaland grade continuity is known

A

Measured

231
Q

Differenece of Probable with Indicated or Measured aside from mdifying factors

A

diluting materials and allowances for losses during mining

232
Q

Point of know elev to det point of unknown elev

A

levelling

233
Q

Det orientation of shafts by using 2 shafts with one wire each

A

Fitted traverse method

234
Q

Used when theodolite can’t be set-up at the bottom of 2 wires at the bottom of a shaft. Usesmultiple sine laws to det orientation

A

Weiss Quadrilateral

235
Q

Uses 2 wires suspended verticallu in a shaft, then usings a surface reference to get its orientation

A

Weisbach method

236
Q

Sighting a known position then getting position of two unknown points by using trigonometry

A

Intersection

237
Q

The position of P is computed by backsighting 3 known points o

A

Resection method

238
Q

Moisture content =

A

(wt ore - wt dry ore)/wt ore

239
Q

Who has the main responsibility of implementing safety rules and reg in th emine

A

Mine Department

240
Q

Most Accurate indicator of a gold mine’s global competitiveness

A

Cost per oz of gold

241
Q

Lawyers who want to delay a project seek this

A

temporary restraining order

242
Q

type of management that encourages involvement at every level of employee

A

Rel Flat structure management

243
Q

What does EPC mean is mine planning

A

Engineering, Procurement and construction

244
Q

2 most important traits of a mine managaer

A

Able to inpire and work with other people and able to adapt to technological advances

245
Q

Management org where one reports to several individuals

A

Matrix

246
Q

What is Liberation in the context of trade

A

greater trade among countries

247
Q

Principle of command responsibility

A

Manager is responsible for the action of his subordinates

248
Q

defined set of rules and regulations that determine how data is transmitted in telecommunications and computer networking.

A

protocol

249
Q

small amount of data sent over a network

A

packet

250
Q

the consumer is worse off by making a purchase

A

consumer deficit

251
Q

Years of imprisonment for a person who wilfully damages structure in mine

A

5 yrs

252
Q

MAGNA CARTA FOR PUBLIC HEALTH WORKERS

A

RA 7305

253
Q

Sand and Gravel Law

A

MAO No. MRD 27

254
Q

Revised air quality standards of 1992

A

DAO No. -934

255
Q

act Creating Philippine Environmental Partnership

A

DAO 2003-14

256
Q

Ore beneficiation in Maricalum Sipalay Mine

A

flotation

Mining (14 decks)

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