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Chamber of Mines to tap Independent Verifiers

by Philippine Resources - March 10, 2021

According to a top official, the Chamber of Mines of the Philippines (COMP), which represents some of the country's largest mining companies, will hire independent verifiers to assess members' compliance with society's growing standards regarding the mining industry's social, economic, and environmental performance.

COMP Chairman Gerard Brimo said that the main task of the verifiers is to review COMP members’ self-assessment reports on their mining projects. This is amid the adoption of Towards Sustainable Mining (TSM), an environment and social governance standard established by the Mining Association of Canada (MAC). 

“This year, we will begin our search for independent external verifiers who will be tasked to evaluate the self-assessment reports of mining projects,” said Brimo, who also serves as the President of Nickel Asia Corp. “The external verifiers who will be vetted and approved by the COI [Community of Interest] Panel will undergo extensive training early next year with the assistance of MAC as we prepare for external verification of our members’ reports in 2023.”

In 2017, COMP adopted TSM in response to President Rodrigo Duterte’s that he will support mining as long it follows the Australian and Canadian standard. In spite of the ire of the pandemic last year, COMP completed the “Filipinization” process for TSM to make sure that the program is responsive to Philippine conditions. A COI Advisory Panel has approved this and was sent to COMP members in August and September. 

‘’We have strong faith in TSM’s continuous standard enhancement approach spearheaded by Canada.  Not only will TSM help our members further improve their operations,” said Brimo. More importantly, it will tremendously boost our efforts to meet society’s growing expectations on the mining industry’s social, economic, and environmental performance.”

Other countries that have also adopted the TSM include Norway, Argentina, Spain, Brazil, Botswana, Finland, and Australia. 


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