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    MineralIndustryStatistics MGB Feb2013

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    jfman
    This document summarizes Philippine mining industry statistics from 2008 to 2012. It reports the gross production value, investment data, value added to GDP, exports, employment, taxes collected, operating mines and processing plants, approved mining permits, and average commodity prices for key minerals like copper, gold, silver, and nickel. The statistics show that while the mining industry contributed around 1% to GDP and exports annually, it generated over $1 billion in export earnings and taxes each year and employed over 150,000 people.

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    MineralIndustryStatistics MGB Feb2013

    Uploaded by

    jfman
    29 views1 page
    This document summarizes Philippine mining industry statistics from 2008 to 2012. It reports the gross production value, investment data, value added to GDP, exports, employment, taxes collected, operating mines and processing plants, approved mining permits, and average commodity prices for key minerals like copper, gold, silver, and nickel. The statistics show that while the mining industry contributed around 1% to GDP and exports annually, it generated over $1 billion in export earnings and taxes each year and employed over 150,000 people.

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    MGB Data

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    This document summarizes Philippine mining industry statistics from 2008 to 2012. It reports the gross production value, investment data, value added to GDP, exports, employment, taxes collected, operating mines and processing plants, approved mining permits, and average commodity prices for key minerals like copper, gold, silver, and nickel. The statistics show that while the mining industry contributed around 1% to GDP and exports annually, it generated over $1 billion in export earnings and taxes each year and employed over 150,000 people.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    29 views1 page

    MineralIndustryStatistics MGB Feb2013

    Uploaded by

    jfman
    This document summarizes Philippine mining industry statistics from 2008 to 2012. It reports the gross production value, investment data, value added to GDP, exports, employment, taxes collected, operating mines and processing plants, approved mining permits, and average commodity prices for key minerals like copper, gold, silver, and nickel. The statistics show that while the mining industry contributed around 1% to GDP and exports annually, it generated over $1 billion in export earnings and taxes each year and employed over 150,000 people.

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    Republic of the Philippines Department of Environment & Natural Resources MINES & GEOSCIENCES BUREAU

    MINING INDUSTRY STATISTICS


    (RELEASE DATE: 22 February 2013) 2008 Gross Production Value In Mining (MGB) Large Scale Metallic Mining Small Scale Gold Mining Non-metallic mining TOTAL Total Mining Investment Data from the Revitalization Program under EO 270 (MGB) Gross Value Added In Mining At Current Prices (NSCB): Mining Contribution To GDP Total Exports of Minerals & Mineral Products (BSP) Mining Contribution To Total Exports Total Exports of Non-Met. Mineral Manufactures (BSP) Mining Contribution To Total Exports Employment In Mining and Quarrying (DOLE) Mining Contribution To Total Employment Taxes, Fees and Royalties From Mining Fees, Charges & Royalties Collected by DENR-MGB/LGUs Excise Tax Collected by BIR
    Taxes Collected by Nat'l. Gov't. Agencies

    2009 P 42.8 Billion 36.8 Billion 26.5 Billion P 106.1 Billion $ 719.5 Million P 65.8 Billion 0.8%
    $1,470 Million

    2010 P 69.1 Billion 42.9 Billion 33.3 Billion P145.3 Billion $ 968.3 Million P 88.2 Billion 1.0%
    $1,929 Million

    2011 P 88.0 Billion 34.1 Billion 41.1 Billion P163.2 Billion $ 618.5 Million P 96.9 Billion 1.0%
    $2,840 Million

    2012+ P 78.1 Billion 1.4 Billion nya P 79.5 Billion* nya P 72.8 Billion 0.7%
    $1,588 Million*

    P 29.7 Billion 33.9 Billion 23.5 Billion P 87.1 Billion $604.2 Million P 53.6 Billion 0.7%
    $2,498 Million

    5.2% $211 Million 0.4% 158,000 0.5%

    3.9% $156 Million 0.4% 169,000 0.5%

    3.8% $162 Million 0.3% 197,000 0.5%

    6.0% $177 Million 0.4% 211,000 0.6%

    4.0% $112 Million* 0.3% 252,000 0.7%

    Taxes and Fees Collected by LGUs TOTAL Number of Operating Metallic Mines: Copper (with gold & silver) Copper (with gold, silver & zinc) Gold (with silver) Metallurgical Chromite (ore & concentrate) Chemical Grade Chromite Nickel Iron Total Operating Metallic Mines Number of Processing Plant/Smelter: Copper Smelter Nickel Processing Plant Total Processing Plant/Smelter Number of Approved and Registered(As of Current Yr.) MPSA FTAA EP IP MPP TOTAL Number of Applications Under Process(As of Current Yr.) MPSA FTAA EP IP MPP TOTAL Average world price of Copper (WMS/LME) Average world price of Gold (WMS/BSP) Average world price of Silver (WMS/BSP) Average world price of Nickel (WMS/LME)

    P 557.4 Million P 396.2 Million P 800.6 Million P 1,180.8 Million P1,644.1 Million 6,985.8 Million nya 660.3 Million 718.8 Million 1,305.9 Million 5,949.5 Million 10,272.5 Million 10,187.9 Million 12,736.2 Million nya 992.8 Million 1,070.8 Million 1,176.9 Million 50.5 Million 522.2 Million P7,689.4 Million P12,380.3Million P13,365.2Million P22,079.8Million P1,694.5 Million 2 1 8 1 1 10 _______ 23 1 __1__ 2 264 2 39 199 41 545 1,058 52 1,496 291 40 2,937 $3.16 / lb $871.52 / oz $15.00 / oz $9.58 / lb 3 1 8 1 10 _______ 23 1 __1__ 2 275 3 54 213 41 586 997 52 1,575 288 42 2,954 $2.28 / lb $973.01 / oz $14.67 / oz $6.56 / lb 3 1 8 1 15 _______ 28 1 __1__ 2 318 6 99 202 54 679 839 49 1,545 294 44 2,771 $3.40 / lb $1,222.02 / oz $20.13 / oz $9.82 / lb 3 1 5 2 18 ___1___ 30 1 __1__ 2 339 6 113 192 68 718 605 21 823 242 37 1,728 $4.00 / lb $1,570.25 / oz $35.22 / oz $10.39 / lb 3 1 6 3 21 ___1___ 35 d 1 __1__ 2 339 6 76 233 76 730 558 28 910 117 19 1,632 $3.60 / lb\ $1,669.71 / oz $31.20 / oz $7.95 / lb

    Peso to US Dollar Exchange Rate (BSP) P44.48 P47.64 P45.11 P43.31 P42.23 +Preliminary; *As of Q3; 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 Proj., Banahaw Gold Proj.; Paracale Gold Proj., APEX Maco Operation, Masbate Gold Proj.; and Siana Gold Proj. d) Chromite (Ore and Concentrate): Dinagat Chromite Proj., Homonhon Chromite Proj.; and Elluvial Chromite Mng. and Concentration Proj. e) Nickel Ore: Sta. Cruz-Candelaria Proj.; Sta. Cruz Nickel Proj.; Rio Tuba Nickel Proj.; Toronto Nickel Proj.; Berong Nickel Proj.; Dinagat Chromite-Nickel Proj.; SR Metal Proj.; Cagdianao Nickel Proj.; Tagana-an Nickel Proj.; Nonoc Nickel Proj.; Tandawa Nickel Proj.; Cagdianao Nickel Proj. (PGMC); Claver Nickel Proj.; Adlay Nickel Proj.; Dahican Nickel Proj.; Carrascal Nickel Proj.; Bel-at Nickel Proj.; Cantilan Nickel Proj.; Sta. Cruz Mining Proj. (Eramen); H.Y. Nickel-Chromite Proj.; and Urbiztondo Nickel Proj. f) Iron: Leyte Magnetite Project Production value refers to the total value or gross output of mineral extracted during the reporting period as defined in Chapter XXIX, Section 270 of the DAO 2010-21 of the Philippine Mining Act of 1995 (under the term "Gross Output") 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(2012)/econ-ind/rvs/22Feb13

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