The Philippine Mining & Exploration Association, Inc. (PMEA) is a non-stock, non-profit entity organized and managed by its membership for the express purpose of providing effective and responsible representation of the mineral exploration and mineral resources development sectors in the Philippines.
PMEA was originally registered with the Securities and Exchange Commission in September 1998 as the Philippine Mineral Exploration Association, Inc. Its formation was initiated by the International Mining and Exploration Committee (IMEC), a sub-committee of the Joint Foreign Chambers of Commerce of the Philippines. IMEC has been in existence since the early nineties and its membership and focus had been to represent and monitor the interests of foreign mining and exploration companies who were either directly, or indirectly, investing in the Philippines.
With the passage of time and new minerals sector developments, it became clear that a broader organization was necessary to represent the mineral exploration industry more effectively, including the local companies and investors. This led to the formation and incorporation of PMEA and the institution of regular monthly meetings at a convenient Makati City venue. More recently, growth in the local minerals industry and the growing membership of the Association, prompted PMEA Members to amend the Association's Articles of Incorporation and By-Laws and to adopt the revised name Philippine Mining & Exploration Association, Inc. to better reflect the evolving profile of the Association's membership. The Securities and Exhange Commission issued its approval for the said amendments in December 2011.
The Association is managed by a board of seven Trustees elected by the members at the annual membership meeting held in June each year. All Trustees are volunteers and receive no compensation for their efforts. The Trustees elect four officers from their number: a President, Vice President, Secretary and Treasurer who, through a professional secretariat manned by the Executive Director and the PMEA Administrator, collectively manage the day-to-day affairs of the Association.
PMEA seeks to stimulate interest and participation in the Philippine mineral exploration and mine development sectors by providing appropriate meetings and networking fora where its members can discuss current issues and agree on a sensible course of action. The primary forum is a regular monthly meeting for members and guests, which is usually held on the first business Monday of every month. It endeavors to feature a key speaker addressing issues of interest to the Mine Development and/or Mineral Exploration sectors.