You can mine premium scrap in it. However, it gets no bonus so change it to something that has one unless you want to be stuck in the field forever.
Check @"K.Reddy"'s link for more info on that, section's name is "Eligible IFF ID Ship combinations"
@mugsnoob
A small addendum: You can't really mine Premium Scrap in a Gallic ship, for these reasons:
1. The Pachyderme is Gallic in origin - and the Libertonian military forces would likely shoot you down if they spot ya in it.
2. Even with the Junker ID, you can't get the bonus in such a ship.
Hence why, everyone advises you to head for Vieques Shipyard, Puerto Rico system, and get a Salvager frigate.
~ Zyl