USEP MINING II last mockboard

Specific gravity

Coal beneficiation in a Baum Jig works on the principle of the difference in ______ between coal and gangue.

Color

Heating value

Specific gravity

Hardness

Thorium

Which among the elements can be used as a substitute for uranium as fuel in nuclear power plants?

Thorium

Krypton

Palladium

Cadmium

Asian Option

An option type where the settlement price is based on the average price of the asset over a certain period of time.

European Option

Asian Option

American Option

Put Option

PIEP

All are developers of the PMRC, except one:

GSP

COMP

SMEP

PIEP

Variogram

This is a graph or plot of one-half of the average squared differences between pairs of samples separated by increasing distances. This is a key tool in geostatistics for resource estimation.

Histogram

Variogram

Normal Distribution Curve

Regression

150%

A gold mine project costs ₱100,000,000. It generates ₱30M per year in net profit for 5 years. What is the total ROI at the end of Year 5?

25%

50%

100%

150%

500 meters

Offshore areas closed to mining applications are within what distance from the mean low tide level?

20 meters

50 meters

200 meters

500 meters

True

It is a type of meridian determined by observing the position of the sun or a star.

Magnetic

Grid

True

Assumed

12%; 15%

The minimum Hurdle Rate and Internal Rate of Return shall be _____ and ______ respectively for the evaluation of the mining project feasibility study for the Approval of the Declaration of Mining Feasibility and Applications for Mineral Agreements.

15%; 12%

10%; 12%

12%, 10%

12%; 15%

Writ of Kalikasan

What was issued and granted by the Supreme Court in 2023 against government agencies and two mining companies in Palawan, filed by the ICCs on several grounds citing environmental damages?

Writ of Kalikasan

Cease and Desist Order

Temporary Environmental Protection Order

Writ of Amparo

200 meters

Onshore areas closed to mining applications are within what distance from the mean low tide level along the coast?

20 meters

50 meters

200 meters

500 meters

₱1,600,000

A mining firm invests ₱1,000,000 today at 10% per annum compounded every year. What is the value of the investment after 5 years?

₱1,550,000

₱1,600,000

 ₱1,650,000

₱1,700,000

1999

When was the Philippine Associated Smelting and Refining Corporation (PASAR) privatized?

1999

2000

2001

2002

Sn

Which of the following CANNOT be found as a native element in nature?

Pt

As

S

Sn

Nuclear power plant

Which of the following power plants does not emit any greenhouse gas during operation?

Geothermal powerplant

Nuclear power plant

Combined cycle gas-fired plant

Diesel-fired power plant

Intellectual Property rights

The following are the auxiliary rights explicitly granted to holders of mining permits by the mining law, EXCEPT:

Water rights

Easement rights

Timber rights

Intellectual Property rights

Plane Table with Alidade

Which of the following is a traditional surveying instrument used for direct plotting of details in the field?

Theodolite

Plane Table with Alidade

Dumpy Level

Tacheometer

Bitumen

Which of the following is the binding agent used in asphalt concrete mix?

Bitumen

Fly ash

Lime

Gypsum

17 days

You are driving a horizontal adit at the 1200 meter level to reach a vertically dipping vein whose outcrop appears at 1300 meter elevation. The slope between the portal and the outcrop is about 45 degrees. You are advancing at 6 meters per day. How long will it take you to hit the vein?

16 days

17 days

18 days

20 days

Micromine

All are mine planning software except:

Whittle

Vulcan

Micromine

Datamine

Magnitude

The following are the elements of space in surveying for determining the positions of points on or near the earth’s surface by means of measurements EXCEPT:

Distance

Elevation

Direction

Magnitude

CPU

Which of the following is the ‘brain’ of the computer?

CPU

GPU

DPU

SSD

External Rate of Return

A measure of project return considering reinvestment at the cost of capital.

External Rate of Return

Internal Rate of Retrun

Minimum Attractive Rate of Return

Real Rate of Return

Neodymium

Which among the rare-earth elements is found in most electronic gadgets?

Promethium

Neodymium

Scandium

Yttrium

Cookies

A small piece of data or user-specific information sent from a web server and stored on a user's device by their web browser.

Cache

Cookies

Chip

Tab

Resident Manager

Under the Philippine Mining Act, who is directly and primarily responsible for the safety and environmental compliance of a mining project?

MEPEO Manager

Safety Manager

Resident Manager

Shift Supervisor

Internet Service Provider

In computer applications, what is an ISP?

Internet Service Provider

Internal System Protocol

Integrated Storage Processor

Internet Signal Processor

1000

How many kilobytes is a megabyte?

10

100

1000

1000000

EITI

Which agency was established through the collaboration of government, civil society, and the private sector to promote transparency in the reporting of payments made by mining companies to the government?

MICC

EITI

PMRC

MMT

Certification from the MGB Regional Director

An Ore Transport Permit is not necessary for ore samples not exceeding two (2) metric tons to be used exclusively for assay and pilot test purposes. What is issued instead?

Certification from the MGB Director

Certification from the MGB Regional Director

Delivery Receipt

Certification from Provincial/City Mining Regulatory Board

Community Development Program

What shall be developed and implemented by the holder of an Exploration Permit or Mineral Agreement or FTAA in exploration stage which is funded equivalent to a minimum of 10.0% of the budget of the approved 2-year Exploration Work Program?

Community Development Program

Community Development Plan

Community Action Program

Community Action Plan

11%

If the heating value of a certain coal deposit with an ash content of 8% is 12,000 BTU per pound on a received basis and 13,500 BTU per pound on a dry basis, what is the moisture content?

10%

11%

12%

13%

25mmx15mm

What are the dimensions of a standard SIM card?

30mmx18mm

12.3mmx8.3mm

15mmx12mm

25mmx15mm

External hard drive

Which among the storage devices below uses a thunderbolt cable to transfer files?

Disk-on-key

Flash drive

Memory card

External hard drive

Portable hard drive

China

This country’s slowdown in smelter output is due to the shutdown or suspension of operations because of a deepening shortage of copper concentrate, which could disrupt the supply chain.

Peru

Congo

China

Chile

Microsoft

The search engine Bing is owned by which of the following?

Microsoft

Naver

Apple

Google

₱6,300,000

A mine rehabilitation bond requires ₱10,000,000 in 8 years. If the company invests at 6% annual compound interest, how much must it invest now?

₱6,400,000

₱6,300,000

₱6,200,000

₱16,000,000

An evaluation technique that measures how changes in variables affect project outcomes.

Which of the following best describes Sensitivity Analysis in project valuation?

A process of adjusting financial statements to account for inflation.

An evaluation technique that measures how changes in variables affect project outcomes.

A statistical technique that estimates the average variance of sample data within a mineral deposit.

An accounting process that tracks cash inflows and outflows during mining operations.

Hyperinflation

This occurs when a country's inflation rate surpasses 50% each month, leading to uncontrollable price surges that erode purchasing power and destabilize economies. The most famous example is Germany during the early 1920s when inflation reached 30,000% per month, and Zimbabwe in 2008 at 79,600,000,000%.

Galloping

Shrinkflation

stagflation

Hyperinflation

Marinduque

The Station Balanacan, also known as the Luzon Datum of 1911, is the Philippines' geodetic center and is the datum origin. Where is it located?

Manila

Cavite

Marinduque

Samar

To assure themselves that the project repay the loan

A bankable feasibility study is required by lenders primarily _________.

To assure themselves that the latest technology is going to be used

Because it is required by the government and the law

To assure themselves that the project repay the loan

To show to environmentalists and opposition

Save as

F12 is a keyboard shortcut for:

Open

Open as

Save

Save as

1%

In 2017, the Revenue Regulation 7 of the Department of Finance reduced the Creditable Withholding Tax on the sales of gold to encourage small-scale miners to sell back their gold produce to BSP from 5% to?

1%

2%

3%

4%

Lands of the public domain which has not been the subject of the present system of classification for the determination of which lands are needed for forest purposes and which are not.

What is a public forest under Philippine law?

Lands of the public domain which have been the subject of the present system of classification and determined to be needed for forest purposes.

Lands exclusively covered with natural forests and wildlife reserves.

Lands of the public domain which has not been the subject of the present system of classification for the determination of which lands are needed for forest purposes and which are not.

Portion of the public domain which has been set aside, in view of the suitability of its topography and vegetation, for the raising of livestock.

Boom and Bust

Which of the following refers to the alternating periods of economic growth and decline during a business cycle, which is primarily measured by an economy’s gross domestic product?

Contango and Backwardation

Sill and Nugget

Economic Profit and Loss

Boom and Bust

Dolomite

According to the law, which of the following is not considered a quarry resource?

Diatomaceous earth

Dolomite

Marble

Serpentine

50%

A gold mine project costs ₱100,000,000. It generated ₱150M gross revenue for 5 years. What is the total ROI at the end of Year 5?

25%

50%

100%

150%

Rights to transfer ancestral lands freely to any Filipinos.

ICCs/IPs’ rights to ancestral domains include all EXCEPT:

Rights to develop and use lands and resources including the right to negotiate the terms and conditions for the exploration of natural resources.

Rights to stay in the territory and not to be removed without their free and prior informed consent, nor through any means other than eminent domain.

Rights to transfer ancestral lands freely to any Filipinos.

Rights to regulate entry of migrants settlers and organizations into the domains.

PhP0.10/MT

What is the basic fee for mill tailings generated from the mining operations?

PhP0.05/MT

PhP0.10/MT

PhP0.50/MT

PhP1.00/MT

PhP 50.00/MT

Permit Holders with tailings impoundment/disposal systems that discharge solid fractions of tailings into areas other than the approved tailings disposal area shall pay a penalty of:

PhP 25.00/MT

PhP 50.00/MT

PhP 75.00/MT

PhP 100.00/MT

P0.63 million

The projected earnings or net cash flow of a newly developed mine is as follows:

Year 1 - P 3.0 million

Year 2 - P 3.0 million

Year 3 - P 5.5 million

Year 4 - P 4.0 million

Year 5 - P 2.5 million

If the mine is constructed at the cost of P12 million which will be funded from a loan borrowed at 13% interest per annum, what is the net present value (NPV) of the mine?

P0.60 million

P0.63 million

P0.71 million

P0.90 million

Cash

Which of the following is the most liquid asset?

Plant and Equipment

Stocks

Cash

Inventory

100 meters

What is the minimum depth of a vertical shaft that has to be driven to reach a 50-degree dipping orebody which outcrops at elevation 1,400 meters, if the shaft collar is located about 100 meters from the outcrop (measured horizontally) but an elevation of 1,380 meters?

80 meters

100 meters

110 meters

120 meters

Establish a vertical reference line

The primary purpose of a plumb bob as a traditional instrument in surveying is to:

Measure horizontal distances

Establish a vertical reference line

Measure horizontal angles

Determine elevations

0.91

1 avoirdupois ounce is equal to what number in troy ounces?

0.91

1.01

28.35

31.10

International Atomic Energy Agency

An intergovernmental organization established in 1957 by the United Nations that seeks to promote the peaceful use of nuclear energy and to inhibit its use for any military purpose, including nuclear weapons.

International Atomic Energy Agency

Nuclear Energy Agency

International Energy Agency

World Nuclear Association

Whittle

You are tasked to derive the ultimate pit limit. Which among the software will you use to produce the ultimate pit limit?

Whittle

Vulcan

Micromine

Datamine

Climate-Smart Mining Initiative

Launched in 2019 by the World Bank and the International Finance Corporation, this aims to assist resource-rich developing countries in decarbonizing and reducing the material footprint of critical mineral supply chains essential for the clean energy transition, enabling these countries to benefit through sustainable development from increasing demand for such minerals.

Extractive Industries Transparency Initiative

Climate-Smart Mining Initiative

Towards Sustainable Mining initiative

Responsible Minerals Initiative

Colombia

Which of the following does NOT belong to the 21-member economies of APEC?

Papua New Guinea

China

United States

Colombia

Lead

Which of the following is not a critical energy transition mineral ideal for use in renewable technology for the shift from fossil fuel–based energy systems?

Lithium

Cobalt

Nickel

Lead

Didipio Mine

Which of the following mining companies holds the FTAA No. 001?

Tampakan copper-gold project

Didipio Mine

Narra Nickel Mining and Devt. Corp

Runruno Mine

Methane

What deleterious gas commonly found in coal mines can be captured and converted into a valuable asset?

Methane

Carbon monoxide

Sulfur dioxide

Carbon dioxide

The minimum rate of return required by a company to justify a project

What does MARR represent in a project valuation?

The maximum interest rate a company can earn on its investments

The minimum rate of return required by a company to justify a project

The average profit rate of a company in a fiscal year

The rate of return guaranteed by a bank for savings

Cloud

Which of the following is a NOT a physical storage device?

SSD

HDD

Floppy disk

Cloud

60km

A railroad needs to be built from a mine located at elevation 2100 meters to a mill site at 1500 meters elevation. What is the minimum length of the railroad if the allowable grade is 1%?

50km

60km

70km

80km

Ecosia

Which of the following is NOT an operating system?

Linux

Ubuntu

IBM

Ecosia

Green minerals

As the demand for _______ like nickel, cobalt, and copper rises, the country looks to maximize the opportunities in the global market as it heads towards a more environment-friendly and sustainable economy.

Critical minerals

Green minerals

Base metals

Cheaper metals

Balance Sheet

If the main objective of a report is to present a company’s liquidity position, which financial report should be prepared?

Balance Sheet

Cash Flow Statement

Income Statement

Profit and Loss Statement

Amortization

Machines: Depreciation ; Patent:_________

Depletion

Amortization

Salvage value

Depreciation

±10%

The contingency range of a feasibility study on the basis of operating costs.

±10%

15%-25%

±25

±15%

LAN

A computer network that interconnects computers within a limited area is called:

WAN

LAN

WLAN

MAN

Hedging

A risk management strategy used to protect against potential losses from adverse price movements in assets, commodities, currencies, or interest rates. It usually involves taking an offsetting position in a related asset or financial instrument. The goal is not to make extra profit, but to minimize risk exposure. It reduces risk, but may also reduce potential gains.

Arbitrage

Speculation

Hedging

Diversification

Sunk cost

Which of the following refers to a cost that is already incurred and cannot be recovered regardless of future decisions?

Overhead cost

Fixed cost

Sunk cost

Direct cost

WPA2

Which of the following is the most secure type of wireless connection utilizing Advanced Encryption Standard?

WEP

WPA

WPA2

WAP

Yandex

Which of the following is an example of a search engine?

Yandex

Duolingo

Flickr

Tidal

Fluidized Bed Combustion

A clean-coal technology that burns coal at lower temperatures with limestone/dolomite. It reduces nitrogen oxides and sulfuric oxides gases emission.

Low-NOx Burners

Fluidized Bed Combustion

Flue Gas Desulfurization

Electrostatic Precipitators

50 years

Under RA 8371, what is the maximum period a non-member of the ICCs/IPs may be allowed to take part in the development and utilization of natural resources within ancestral domains?

10 years

25 years

50 years

100 years

Revenu

Money earned from selling goods or services.

Revenue

Net sales

Cost of Good sold

Net Profit

Demand-Pull

A type of inflation that occurs when too much money chases too few goods.

Cost-Push

Built-In

Demand-Pull

Core inflation

Extracted resource

Depreciation is the gradual decrease in the value of a tangible asset over time due to the following except:

Wear and tear

Usage

Obsolescence

Extracted resource

5,000 hectares

What is the maximum area onshore in the entire country for MPSA that a corporation may apply for or hold at any one time?

1,620 hectares

2,000 hectares

5,000 hectares

40,500 hectares

Profit and loss statement

A financial report that shows a company’s revenues, costs, and expenses over a specific period.

Profit and loss statement

Cash Flow Statement

Balance Sheet

Financial Model Statement

1994

When was the first FTAA for the foreign-owned large-scale mining approved?

1993

1994

1995

1996

1.5%

What is the minimum percentage allocation for the Development of Mining Communities, Sciences and Mining Technology from the operating costs annually?

1%

1.5%

3%

5%

Vision

This describes the broad, long-term aspiration that describes what the organization wants to achieve in the future.

Mission

Vision

Objectives

Goals

Zenith Angle

It is a complementary angle to the vertical angle and is directly above the observer.

Nadir Angle

Zenith Angle

Vertical Angle

Horizontal Angle

Nuclear proliferation

All are advantages of nuclear energy, except:

Low GHG emissions

Reliable, stable supply

High energy density

Nuclear proliferation

Twice; 7 years

The minimum mine life for a mining project should be _____ the payback period, but should not be less than _____ for projects involving direct shipping ore mineral commodities such as nickel, chromite, iron, and manganese.

Twice; 10 years

Twice; 7 years

Thrice; 10 years

Thrice; 7 years

Completely Automated Public Turing Test to tell Computers and Humans Apart

CAPTCHA means:

Completely Automated Public Turing Test to tell Computers and Humans Apart

Computer Automated Public Turing Test to tell Cosplayers and Humans Apart

Completely Automated Public Turing Test to tell Cyber-bugs and Humans Apart

Computer-Assisted Public Turing Test to tell Cyborgs and Humans Apart

Uninterruptible Power Supply

UPS is used to provide backup power to a computer in case of an outage. What does UPS stand for?

Uninterruptable Power Supply

Uninterruptible Power Supply

Universal Power Source

Uninterruptable Power Source

Modem

An internet connection that uses telephone lines to connect to the network is called:

WLAN

Modem

DSL

LAN

EO 79 s2012

Which of the following mining regulations stated that all valuable metals in abandoned ores and mine wastes and/or mill tailings generated by previous and now defunct mining operations belong to the State and shall be developed and utilized through competitive public bidding?

EO 79 s2012

EO 270 s2004

EO 152 s2021

EO 130 s2021

East Timor

Which of the following was granted an observer status in 2022 and in-principle to be admitted as the official 11th member state of ASEAN in 2025?

Laos

Singapore

Brunei Darussalam

East Timor

DAO 2023-05

What is the administrative order of the revised guidelines for the classification of reporting standards of exploration results, mineral resources, and mineral reserves or the PMRC 2020?

DAO 2020-08

DAO 2021-14

DAO 2022-04

DAO 2023-05

Infrastructure

Which of the following modifying factors was not initially included in PMRC 2017 and was added in 2020?

Social

Infrastructure

Metallurgical

Legal

Total Station

Which of the following surveying instruments is integrated with electronic distance measurements, primarily used to measure both horizontal and vertical angles?

Theodolite

Total Station

Transit

Clinometer

4 years

A mine project requires an initial investment of ₱12,000,000. It generates ₱3,000,000 net cash inflow annually. What is the payback period?

3 years

4 years

5 years

6 years

Gossan

Which of the following is usually not included in the valuation of porphyry copper deposits?

Oxide zone

Gossan

Enriched zone

Hypogene

Mouse

Which of the following is an input device?

Monitor

Speaker

Mouse

Printer

Vein-type Gold deposits with at least a grade of 3 grams of Au per ton

According to the revised IRR of RA 7076, which of the following may NOT be considered for declaration as Minahang Bayan?

Placer Gold deposits with at least a grade of 1 gram of Au per ton

Epithermal Gold and Silver deposits with at least a grade of 5 grams of Au per ton

Vein-type Gold deposits with at least a grade of 3 grams of Au per ton

Alluvial Chromite deposits for metallurgical grade