THE Philippines, through the Philippine Mineral Reporting Code Committee (PMRCC), gained international recognition from the Committee for Mineral Reserves International Reporting Standards (CRIRSCO) after being accepted as its 15th member. The country's acceptance in CRIRSCO enhances the transparency and credibility of the Philippine mining sector.

The PMRC (2020 Edition) serves as the official set of guidelines for public reporting on exploration results, mineral resources, and mineral reserves in the country. The recognition from CRIRSCO underscores that the PMRC has the same level of detail and transparency in reporting mineral resources and mineral reserves as its global counterparts in Australia, Canada, Chile, Europe, South Africa and the United States, among others.