PD 972 IRR - IVY

Question 1

Any person who holds a mining lease contract or other mining rights.

Answer 1

Lessee

Question 2

A mineral substance formed by or subjected to geological processes.

Answer 2

Mineral

Question 3

The government agency responsible for the administration and disposition of mineral lands and resources.

Answer 3

Bureau of Mines

Question 4

A written authority granted by the Director to a qualified person to search or prospect for mineral resources.

Answer 4

Prospecting Permit

Question 5

An instrument issued to a qualified applicant allowing the development and utilization of mineral resources.

Answer 5

Mining Lease Contract

Question 5

A mining claim held by a person entitled to the rights under PD No. 463.

Answer 5

Leasehold

Question 6

Any person engaged in the exploration, development, and utilization of mineral resources.

Answer 6

Contractor

Question 7

The area covered by valid and subsisting mining rights.

Answer 7

Lease Area

Question 8

The person authorized to approve or disapprove mining lease applications.

Answer 8

Director

Question 9

A mining operation not requiring substantial capital investment.

Answer 9

Small-scale Mining

Question 10

An individual who is a holder of a valid mining lease contract.

Answer 10

Lessee

Question 11

The agency tasked to promulgate and implement rules and regulations consistent with PD No. 972.

Answer 11

Bureau of Mines

Question 11

An area where mineral exploration or development may be undertaken.

Answer 11

Mineral Land

Question 12

The number of years a mining lease contract shall remain in force.

Answer 12

Twenty-five (25) years

Question 13

Refers to any person authorized to conduct small-scale mining operations.

Answer 13

Small-scale Miner

Question 14

The maximum number of hectares a person or entity may hold under a mining lease contract.

Answer 14

One thousand (1,000) hectares

Question 15

The act of extracting minerals from the earth for commercial purposes.

Answer 15

Mining

Question 15

A government permit needed before commencing development and utilization of minerals.

Answer 15

Development Permit

Question 16

The division responsible for geological studies and investigations.

Answer 16

Geological Division

Question 17

An area containing minerals in sufficient quantity to justify commercial mining.

Answer 17

Mineral Deposit

Question 18

An operation involving the extraction and recovery of oil and gas resources.

Answer 18

Petroleum Operation

Question 19

The method of mining that involves drilling and blasting techniques.

Answer 19

Underground Mining

Question 20

The office that maintains records of all mining applications and leases.

Answer 20

Mining Recorder’s Office

Question 21

The amount of excise tax to be paid on the gross output of minerals.

Answer 21

Two percent (2%)

Question 22

The phase of mining that includes the removal of overburden and waste materials.

Answer 22

Stripping

Question 23

The area granted under a mining lease or other mining agreement.

Answer 23

Lease Area

Question 24

The declaration made by a lessee that a mineral deposit exists within the claim.

Answer 24

Declaration of Location

Question 25

The document that contains the terms and conditions of the mining lease.

Answer 25

Mining Lease Contract

Question 26

The requirement to rehabilitate or restore mined-out areas.

Answer 26

Environmental Work Program (EWP)

Question 27

The certificate issued after the satisfactory compliance with all conditions of the lease.

Answer 27

Certificate of Compliance