Quantcast

Sona 2015 Sona 2015 Sona 2015

Fast Facts: Mining and Quarrying Industry

SHARES:

05:15 AM March 3rd, 2012

Recommended
March 3rd, 2012 05:15 AM

205,000 – estimated employed persons in the mining and quarrying sector according to the recent Labor Force Survey dated July 2011

P84 billion – estimated revenue/sales by the mining and quarrying industry as of November 2008

P110 billion   – estimated contribution of the mining sector to the 2010 gross domestic product, according to the Philippine Chamber of Commerce and Industry

P144.4 billion – estimated worth of minerals produced in the country in 2010

$2.5 billion – estimated worth of metals exported by the country in 2010

$18 billion – country’s targeted amount of aggregate mining investments by 2016, according to the Department of Environment and Natural Resources

$840 billion – projected potential mineral production if the country’s entire mining reserves were mined, according to the Chamber of Mines of the Philippines

27 – total number of operating metallic mines in the country as of January 2012, according to the Mines and Geosciences Bureau (MGB)

300,000 – estimated small-scale miners in the country, as of December 2011, according to the Environmental Management Bureau

P50.5 billion – estimated worth of gold produced in the country from January to September 2011, according to MGB

P14.14 billion – estimated worth of copper produced in the country from January to September 2011, according to MGB  Inquirer Research

Sources: NSCB, NSO, MGB and Inquirer Archives

Disclaimer: Comments do not represent the views of INQUIRER.net. We reserve the right to exclude comments which are inconsistent with our editorial standards. FULL DISCLAIMER
For feedback, complaints, or inquiries, contact us.