Fast Facts: Mining and Quarrying Industry
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
