Key Policy Statements

  

Corporate Governance Statement
Good corporate governance is a key to sustaining a genuine inclusive growth in the organization and is critical to improving shareholders•€™ value and wealth.

A strong commitment to corporate-governance principles and global best practices is likewise essential to achieving Philex Mining Corp.'s long-term goals, consistent with the vision of becoming a highly respected, world-class natural-resource company committed to deliver excellent value to its investors, employees, and stakeholders.

Our corporate-governance principles and practices are principally embodied in the Articles of Incorporation and By-Laws and amendments, and the Manual on Corporate Governance, in accordance with the Code of Corporate Governance of the Securities and Exchange Commission (SEC), and the Corporate Governance Guidelines and the listing rules of the Philippine Stock Exchange (PSE).

Diversity Statement
We embrace and promote diversity at all levels, including the Board.   The Company recognizes that human capital remains as its most valuable asset and as such, PMC is committed to fostering, cultivating and preserving a culture of diversity and inclusion. The collective sum of the diversity •€“ in terms of background, race, ethnicity, gender, religion, life experiences, knowledge, inventiveness, innovation, self-expression, unique capabilities and talents •€“ represents a significant part of the Company•€™s culture, reputation and achievements.

Environmental Policy
As a socially and environmentally responsible company, Philex Mining is committed to the continuous improvement of its operations, avoiding or rehabilitating any adverse environmental impacts, the faithful compliance with all laws, legislations and other regulations, and the promotion of environmental awareness and commitment for environmental protection among its workers at all levels.

Human-Rights Policy
We value the dignity of every individual and the basic human rights as provided under the Philippine Constitution and the Universal Declaration of Human Rights. In all its endeavors, Philex Mining is committed to respect human rights and to conduct its activities in a manner that is consistent with applicable laws and best practice in mineral exploration and development, environmental stewardship, health and safety, and community relations.

Ethics Policy
We conduct our business fairly, honestly, responsibly, and with due regard to the dignity and human rights of every individual, the governing and applicable laws, and the rules and regulations as embodied in our Code of Business Conduct and Ethics.

Intellectual Property-Rights Policy
We conduct our business strictly in accordance with the Philippine and international laws, rules or regulations governing intellectual property and intellectual property rights, which include trademarks, patents, and copyrights.  

Site Safety Policy
The Company adheres to a Site Safety Policy and is committed to the highest levels of health and safety programs to ensure every stakeholder•€™s safety and espouses loss prevention as a way of life. Philex Mining Corp. strives to maintain a sound and safe working place for the prevention of injury, illness, property damage, and loss to process, in compliance with all relevant legislations, and in the preservation of the environment as well.