The Mines and Geosciences Bureau (MGB) conducted the Workshop on the Results of the CY 2020 Audit of Regional Monitoring System and Other Related Matters on April 19 to 23, 2021 via Microsoft Teams Platform. Technical personnel from all MGB Regional Offices took part in the five-day activity. In his opening remarks, MGB Director Wilfredo G. Moncano encouraged everyone to look into the provisions of Executive Order No.130 with the following highlights: The Department of Environment and Natural Resources (DENR) shall formulate the terms and conditions in the new mineral agreements that will maximize government revenues and share from production, including the possibility of declaring these areas as mineral reservations to obtain appropriate royalties, in accordance with the existing laws, rules and regulations. The DENR shall likewise undertake a review of existing mining contracts and agreements for possible renegotiation of the terms and conditions of the same which, in all continue reading : MGB conducts Workshop on Standardization of Regional Monitoring System
