The value of the country’s metallic output expanded by nearly 30 percent in the three quarters ending September, owing to higher output and prices of nickel and gold, the Mines and Geosciences Bureau (MGB) said.
The value of metal production in the Philippines in the three quarters ending September expanded by 29.21 percent to P175.61 billion from P136.21 billion, buoyed by rising metal prices and higher production, according to the Mines and Geosciences Bureau (MGB).
Developing the electric vehicle (EV) industry is opening new opportunities for the Philippine mining sector, a company executive said Wednesday.
The Marcos administration is moving to ramp up the mining industry as part of plans to grow the economy amid the pandemic.
The Department of Finance (DOF) said on Wednesday, July 6, that the government wants to accelerate the revival of the local mining industry to support the country’s economic recovery.
Outgoing President Rodrigo Duterte’s economic team has pushed for the revival of the mining industry — sidelined these past few years by the lack of a fiscal regime as well as policy continuity — to generate more jobs and develop rural areas hosting mines as a joint report from DENR, NEDA, DOF, and the Development Academy of the Philippines showed that mining and quarrying contributed significantly to the regional gross domestic product (GDP) in regions where there are mining operations.
MANILA, Philippines — The Philippines has lifted a four-year ban on new open-pit mines, an official said Wednesday, in a bid to revitalise the country’s coronavirus-battered economy slammed by activists as “short-sighted”. The move sees the Philippine government reverse a ban imposed in 2017, when the then-environment minister blamed the sector for widespread ecological damage. […]
As the Mines and Geosciences Bureau (MGB) celebrates its 123rd founding anniversary with the #MineResponsibility campaign, it shows that the journey has not been easy hurdling obstacles especially environmental concerns. MGB Director Atty. Wilfredo Moncano said the agency’s campaign presents a clearer and more factual image of the mining industry in the country and promotes an inclusive approach […]
THE VALUE of the Philippines’ metallic mineral production jumped by 22.34% to P121.16 billion in the first nine months of 2021, thanks to strong metal prices and higher production of select metals, according to the Mines and Geosciences Bureau (MGB). “The strong metal price coupled with the better mine production of nickel ore during the […]
The Philippines’ production of metallic minerals were mostly down during the first nine months of the year, but value was higher at P121.16 billion due to continuing increase in prices in the world market. Data from the Mines and Geosciences Bureau (MGB) showed that the country’s metallic mineral production value went up by 22.34 percent […]
end of posts
no more posts to load
The PHILIPPINE NICKEL INDUSTRY ASSOCIATION, INC., or PNIA is a non-stock non-profit association duly registered with the Securities and Exchange Commission.
Established in 2012, PNIA was organized to promote and develop the nickel mining industry in the country, aiming to represent the Philippine nickel industry as the single voice to champion its cause with various stakeholders.
Read More »
