The Philippines’ metallic mineral production value went up by 10.42% from PhP110.43 billion in 2017 to PhP121.94 billion in 2018, PhP11.51 billion increase.  This marks a two-year positive run for the metallic minerals industry.

In terms of contribution to the country’s metallic production value of PhP121.94 billion, nickel direct shipping ore and mixed nickel-cobalt sulfide continued to lead the pack with 45.25% share, or PhP55.18 billion.  Gold was in second spot with 36.74% contribution, or PhP44.81 billion; followed by copper with 16.96%, or PhP20.68 billion.  The remaining 1.05%, or PhP1.28 billion, came from the combined values of silver and chromite.

Read more....