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A.

Different Facts about Mining


1. In 2015, there are over 100 metalic and non-metalic mines
combined in the Philippines.
2. The Philippines has an estimated US$1.4 trillion in mineral reserves,
especially in gold, copper, nickel, aluminium, and chromite. This
makes the countrys mining potential one of the largest in the
world.
3. According to the Mines and Geosciences Bureau (MGB), the
Philippines has the second largest gold resources and third largest
copper resources in the world.
4. The Philippines is ranked five in the world for overall mineral
reserves with an estimated nine million hectares.
5. The Philippines shipped a total of 34 million tonnes of nickel ore in
2015, making it the top nickel ore supplier to China.
B. Why mining?
The main reason why people engage in mining is because minerals are
central to the modern world. They are essential in producing materials
for construction and manufacturing. Moreover, extracting minerals also
provides employment and significant economic returns to the country.
C. Examples of Philippine Metallic Mines
1. Where: In Guiuan, Eastern Samar
Who: CHROMITEKING, INC.
What: Chromite
2. Where: Tuba, Benguet
Who: PHILEX MINING CORPORATION
What: Copper with Gold and Silver
3. Where: Panamaon, Loreto, Dinagat Island
Who: CENTURY PEAK CORPORATION
What: Nickel
D. Examples of Philippine Non-metallic Mines
1. Where: Tanay, Rizal
Who: Quimson Limestone, Inc.
What: Limestone, shale and silica
2. Where: Balanga, Bataan
Who: Rockmix, Inc.
What: Sand and gravel
3. Where: Naga and Minglanilla, Cebu
Who: JLR Construction and Aggregates, Inc.
What: Basalt and stone
Note: There are more non-metallic mines (60) than metallic mines (40)
according to MGB.
http://www.investphilippines.info/arangkada/seven-winners/mining/
http://fortune.com/2016/09/05/philippines-mines-suspend/
http://www.nswmining.com.au/industry/what-we-mine-why-we-mine
http://www.mgb.gov.ph/2015-05-13-01-44-56/mining-projects-directory

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