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Republic of the Philippines
                                                       Department of Environment & Natural Resources
                                                          MINES & GEOSCIENCES BUREAU
                                                      MINING INDUSTRY STATISTICS
                                                             (RELEASE DATE: 19 July 2011)
                                                                      2007               2008                2009               2010+            Q1 2011+
Gross Production Value In Mining (MGB)
 Large Scale Metallic Mining                                      P 49.2 Billion     P 29.5 Billion     P 42.8 Billion       P 68.2 Billion    P 16.0 Billion
 Small Scale Gold Mining                                           32.2 Billion       33.9 Billion         36.8 Billion        42.9 Billion      13.2 Billion
 Non-metallic mining                                                20.8 Billion      23.5 Billion         26.5 Billion        33.3 Billion         nya
        TOTAL                                                    P 102.2 Billion     P 86.9 Billion     P 106.1 Billion     P144 .4 Billion    P 29 .2 Billion
Total Mining Investment Data from the Revitalization             $ 708.4 Million     $604.2 Million     $ 719.5 Million     $ 955.8 Million         nya
 Program under EO 270 (MGB)
Gross Value Added In Mining At Current Prices (NSCB):             P 60.0 Billion     P 53.6 Billion     P 65.8 Billion      P 88.2 Billion     P 26.4 Billion
 Mining Contribution To GDP                                           0.9%               0.7%               0.8%                1.0%               1.2%
Total Exports of Minerals & Mineral Products (BSP)                $2,605 Million     $2,498 Million     $1,470 Million      $1,870 Million      $513 Million
 Mining Contribution To Total Exports                                 5.3%               5.2%                3.9%                3.7%              4.3%
Total Exports of Non-Met. Mineral Manufactures (BSP)              $223 Million       $211 Million        $156 Million        $162 Million       $47 Million
 Mining Contribution To Total Exports                                0.4%               0.4%                0.4%                0.3%               0.4%
Employment In Mining and Quarrying (DOLE)                            149,000            158,000            169,000             197,000            184,000
 Mining Contribution To Total Employment                              0.4%               0.5%               0.5%                0.5%               0.5%
Taxes, Fees and Royalties From Mining
 Fees, Charges & Royalties Collected by DENR-MGB/LGUs            P 774.0 Million P 557.4 Million P 396.2 Million P 800.6 Million              P 195.4 Million
 Excise Tax Collected by BIR                                        942.1 Million    660.3 Million    718.8 Million        nya                      nya
 Taxes Collected by Nat'l. Gov't. Agencies                        8,371.7 Million  5,949.5 Million 10,272.5 Million   5,489.3 Million              nya
  Taxes and Fees Collected by LGUs                                  359.8 Million    522.2 Million    992.8 Million     507.1 Million            1.6 Million
        TOTAL                                                   P10,447.6 Million P7,689.4 Million P12,380.3 Million P6,797.0 Million         P197.0 Million
Number of Operating Metallic Mines:
 Copper (with gold & silver)                                            1                  2                  3                   3                  3
 Copper (with gold, silver & zinc)                                      1                  1                  1                   1                  1
 Gold (with silver)                                                     7                  8                  8                   8                  7
 Metallurgical Chromite (ore & concentrate)                            2                   1                  1                   1                  1
 Refractory Chromite                                                   1
 Chemical Grade Chromite                                               1                   1
 Nickel                                                              __11__             __10__             __10__              __15__                15
      Total Operating Metallic Mines                                   24                 23                 23                  28                  27
Number Of Operating Non-Metallic Mines:
 Sand and Gravel                                                             1,784              1,820               1,820        nya                nya
 Cement                                                                         16                 16                  15                16         nya
 Other Non-Metallics                                                           626                523                 523        nya                nya
     Total Operating Non-Metallic Mines                                      2,426              2,359               2,358
Number of Processing Plant/Smelter:
 Copper Smelter                                                         1                  1                  1                   1                  1
 Nickel Processing Plant                                              __1__              __1__              __1__               __1__              __1__
     Total Processing Plant/Smelter                                     2                  2                  2                   2                  2
Number of Approved and Registered(As of Current Yr.)
  MPSA                                                                 236                264                275                 318                320
  FTAA                                                                   2                 2                  3                   6                  6
  EP                                                                    44                 39                 54                  99                 95
  IP                                                                   185                199                213                 202                204
  MPP                                                                   37                 41                 41                  54                 57
     TOTAL                                                             504                545                586                 679                682
Number of Applications Under Process(As of Current Yr.)
  MPSA                                                                1,111              1,058               997                 839                840
  FTAA                                                                  54                 52                 52                  49                 49
  EP                                                                  1,074              1,496              1,575               1,545              1,508
  IP                                                                   288                291                288                 294                280
  MPP                                                                   36                 40                 42                  44                 40
     TOTAL                                                            2,563              2,937              2,954               2,771              2,717
Average world price of Copper (WMS/LME)                              $3.20 / lb         $3.16 / lb         $2.28 / lb         $3.40 / lb         $4.38 / lb
Average world price of Gold (WMS/BSP)                              $696.37 / oz       $871.52 / oz       $973.01 / oz       $1,222.02 / oz     $1,385.78 / oz
Average world price of Silver (WMS/BSP)                             $13.38 / oz        $15.00 / oz        $14.67 / oz        $20.13 / oz        $31.73 / oz
Average world price of Nickel (WMS/LME)                             $16.84 / lb         $9.58 / lb         $6.56 / lb         $9.82 / lb        $12.21 / lb
Peso to US Dollar Exchange Rate (BSP)                                   P46.15            P44.48              P47.64            P45.11              P43.81
+Preliminary; nya - not yet available
Note: Number of operating mines were based on production reports submitted. Metallic mines include the following:
       a) Copper (with gold & silver): Padcal Copper Project, Canatuan Mining Project, and Toledo Copper Project
       b) Copper (with gold, silver & zinc): Rapu-Rapu Polymetallic Project
       c) Gold (with silver): Victoria Gold Project, Paracale Gold Project, Acupan Contract Mining Project, Banahaw Gold Project,
           Apex Maco Operation, Masbate Gold Project, and Diwalwal Direct State Development Project
      d) Metallurgical Chromite (Ore & Concentrate): Dinagat Chromite Project
      e) Nickel Ore: Cagdianao Nickel Proj., Tagana-an Nickel Proj., Rio Tuba Nickel Proj., Claver Nickel Proj., Berong Nickel Proj., Sta. Cruz-Candelaria
         Mining Proj., Cagdianao Nickel Proj. (PGMC), Adlay Nickel Proj., Carrascal Nickel Proj., SR Metal Proj., Urbiztondo Nickel Laterite Proj.,
         Nonoc Nickel Proj., Tandawa Nickel Proj., Dahican Nickel Proj., and Cantilan Nickel Proj.
       Gross Value Added (GVA) - measures the contribution of a particular sector to the country's GNP; computed by subtracting the cost of production
          inputs from the gross output of a particular industry. Total GVA does not include crude oil. Data from 2007-present were adjusted due to
          NSCB's change of base year from 1985 to 2000.
ref: MIS(2011)/econ-ind/rvs/19Jul11

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Mineral Industry Statistics - July 2011

  • 1. Republic of the Philippines Department of Environment & Natural Resources MINES & GEOSCIENCES BUREAU MINING INDUSTRY STATISTICS (RELEASE DATE: 19 July 2011) 2007 2008 2009 2010+ Q1 2011+ Gross Production Value In Mining (MGB) Large Scale Metallic Mining P 49.2 Billion P 29.5 Billion P 42.8 Billion P 68.2 Billion P 16.0 Billion Small Scale Gold Mining 32.2 Billion 33.9 Billion 36.8 Billion 42.9 Billion 13.2 Billion Non-metallic mining 20.8 Billion 23.5 Billion 26.5 Billion 33.3 Billion nya TOTAL P 102.2 Billion P 86.9 Billion P 106.1 Billion P144 .4 Billion P 29 .2 Billion Total Mining Investment Data from the Revitalization $ 708.4 Million $604.2 Million $ 719.5 Million $ 955.8 Million nya Program under EO 270 (MGB) Gross Value Added In Mining At Current Prices (NSCB): P 60.0 Billion P 53.6 Billion P 65.8 Billion P 88.2 Billion P 26.4 Billion Mining Contribution To GDP 0.9% 0.7% 0.8% 1.0% 1.2% Total Exports of Minerals & Mineral Products (BSP) $2,605 Million $2,498 Million $1,470 Million $1,870 Million $513 Million Mining Contribution To Total Exports 5.3% 5.2% 3.9% 3.7% 4.3% Total Exports of Non-Met. Mineral Manufactures (BSP) $223 Million $211 Million $156 Million $162 Million $47 Million Mining Contribution To Total Exports 0.4% 0.4% 0.4% 0.3% 0.4% Employment In Mining and Quarrying (DOLE) 149,000 158,000 169,000 197,000 184,000 Mining Contribution To Total Employment 0.4% 0.5% 0.5% 0.5% 0.5% Taxes, Fees and Royalties From Mining Fees, Charges & Royalties Collected by DENR-MGB/LGUs P 774.0 Million P 557.4 Million P 396.2 Million P 800.6 Million P 195.4 Million Excise Tax Collected by BIR 942.1 Million 660.3 Million 718.8 Million nya nya Taxes Collected by Nat'l. Gov't. Agencies 8,371.7 Million 5,949.5 Million 10,272.5 Million 5,489.3 Million nya Taxes and Fees Collected by LGUs 359.8 Million 522.2 Million 992.8 Million 507.1 Million 1.6 Million TOTAL P10,447.6 Million P7,689.4 Million P12,380.3 Million P6,797.0 Million P197.0 Million Number of Operating Metallic Mines: Copper (with gold & silver) 1 2 3 3 3 Copper (with gold, silver & zinc) 1 1 1 1 1 Gold (with silver) 7 8 8 8 7 Metallurgical Chromite (ore & concentrate) 2 1 1 1 1 Refractory Chromite 1 Chemical Grade Chromite 1 1 Nickel __11__ __10__ __10__ __15__ 15 Total Operating Metallic Mines 24 23 23 28 27 Number Of Operating Non-Metallic Mines: Sand and Gravel 1,784 1,820 1,820 nya nya Cement 16 16 15 16 nya Other Non-Metallics 626 523 523 nya nya Total Operating Non-Metallic Mines 2,426 2,359 2,358 Number of Processing Plant/Smelter: Copper Smelter 1 1 1 1 1 Nickel Processing Plant __1__ __1__ __1__ __1__ __1__ Total Processing Plant/Smelter 2 2 2 2 2 Number of Approved and Registered(As of Current Yr.) MPSA 236 264 275 318 320 FTAA 2 2 3 6 6 EP 44 39 54 99 95 IP 185 199 213 202 204 MPP 37 41 41 54 57 TOTAL 504 545 586 679 682 Number of Applications Under Process(As of Current Yr.) MPSA 1,111 1,058 997 839 840 FTAA 54 52 52 49 49 EP 1,074 1,496 1,575 1,545 1,508 IP 288 291 288 294 280 MPP 36 40 42 44 40 TOTAL 2,563 2,937 2,954 2,771 2,717 Average world price of Copper (WMS/LME) $3.20 / lb $3.16 / lb $2.28 / lb $3.40 / lb $4.38 / lb Average world price of Gold (WMS/BSP) $696.37 / oz $871.52 / oz $973.01 / oz $1,222.02 / oz $1,385.78 / oz Average world price of Silver (WMS/BSP) $13.38 / oz $15.00 / oz $14.67 / oz $20.13 / oz $31.73 / oz Average world price of Nickel (WMS/LME) $16.84 / lb $9.58 / lb $6.56 / lb $9.82 / lb $12.21 / lb Peso to US Dollar Exchange Rate (BSP) P46.15 P44.48 P47.64 P45.11 P43.81 +Preliminary; nya - not yet available Note: Number of operating mines were based on production reports submitted. Metallic mines include the following: a) Copper (with gold & silver): Padcal Copper Project, Canatuan Mining Project, and Toledo Copper Project b) Copper (with gold, silver & zinc): Rapu-Rapu Polymetallic Project c) Gold (with silver): Victoria Gold Project, Paracale Gold Project, Acupan Contract Mining Project, Banahaw Gold Project, Apex Maco Operation, Masbate Gold Project, and Diwalwal Direct State Development Project d) Metallurgical Chromite (Ore & Concentrate): Dinagat Chromite Project e) Nickel Ore: Cagdianao Nickel Proj., Tagana-an Nickel Proj., Rio Tuba Nickel Proj., Claver Nickel Proj., Berong Nickel Proj., Sta. Cruz-Candelaria Mining Proj., Cagdianao Nickel Proj. (PGMC), Adlay Nickel Proj., Carrascal Nickel Proj., SR Metal Proj., Urbiztondo Nickel Laterite Proj., Nonoc Nickel Proj., Tandawa Nickel Proj., Dahican Nickel Proj., and Cantilan Nickel Proj. Gross Value Added (GVA) - measures the contribution of a particular sector to the country's GNP; computed by subtracting the cost of production inputs from the gross output of a particular industry. Total GVA does not include crude oil. Data from 2007-present were adjusted due to NSCB's change of base year from 1985 to 2000. ref: MIS(2011)/econ-ind/rvs/19Jul11