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MGB Region 2 conducts audit at Runruno gold project

The Mines and Geosciences Bureau in Region 2 finds the FCF Minerals Corporation-Runruno Gold Project compliant with the regulations, demonstrating its commitment to sustainable development goals (SDGs) during the rigorous annual Tenement, Safety and Health, Environment, and Social Development and Management (TSHES) audit. CONTRIBUTED PHOTO

BY LEANDER C. DOMINGO

QUEZON, Nueva Vizcaya (March 6, 2024)—Six technical personnel from the Mines and Geosciences Bureau in Region 2 recently conducted their rigorous annual Tenement, Safety and Health, Environment, and Social Development and Management (TSHES) audit at FCF Minerals Corporation-Runruno Gold Project here.

Rodalyn Arcebal, FCF Information, Education and Communication supervisor, said the audit conducted from February 19-23, 2024 at Barangay Runruno here “meticulously validated the company’s accomplishments and adherence to the Terms and Conditions outlined in the Financial or Technical Assistance Agreement or FTAA contract.”

Arcebal said the audit team assessed the implementation of work programs, ensuring compliance with the mandatory TSHES requirements stipulated in Republic Act 7942, also known as the “Philippine Mining Act of 1995” and its Implementing Rules and Regulations (IRR).

She said the team also scrutinized FCF’s adherence to other pertinent laws, rules and regulations covering the year 2023 which included a thorough assessment involving a comprehensive review of documented information, conducting interviews, field monitoring, and extensive photo documentation on FCF’s operation within its tenement area.

“As an initial result, FCF was found to be compliant with the regulations, demonstrating its commitment to sustainable development goals (SDGs),” Arcebal said.

She added that the audit result also solidifies FCF Minerals Corporation as “the epitome of a responsible mining company in the Philippines, prioritizing environmental protection, safety standards and community welfare.”

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