Mineral Industry Statistics MGB Philippines June19, 2012

1. Republic of the Philippines
Department of Environment & Natural Resources
MINES & GEOSCIENCES BUREAU
MINING INDUSTRY STATISTICS
(RELEASE DATE: 19 June 2012)
2008 2009 2010 2011+ Q1 2012+
Gross Production Value In Mining (MGB)
Large Scale Metallic Mining P 29.7 Billion P 42.8 Billion P 69.1 Billion P 88.0 Billion P 18.5 Billion
Small Scale Gold Mining 33.9 Billion 36.8 Billion 42.9 Billion 34.1 Billion 1.1 Billion
Non-metallic mining 23.5 Billion 26.5 Billion 33.3 Billion nya nya
TOTAL P 87.1 Billion P 106.1 Billion P145.3 Billion P122.1 Billion P 19.6 Billion
Total Mining Investment Data from the Revitalization $604.2 Million $ 719.5 Million $ 968.3 Million $ 618.5 Million nya
Program under EO 270 (MGB)
Gross Value Added In Mining At Current Prices (NSCB): P 53.6 Billion P 65.8 Billion P 88.2 Billion P 99.2 Billion P 19.7 Billion
Mining Contribution To GDP 0.7% 0.8% 1.0% 1.0% 0.8%
Total Exports of Minerals & Mineral Products (BSP) $2,498 Million $1,470 Million $1,929 Million $2,659 Million nya
Mining Contribution To Total Exports 5.2% 3.9% 3.8% 5.6%
Total Exports of Non-Met. Mineral Manufactures (BSP) $211 Million $156 Million $162 Million $177 Million nya
Mining Contribution To Total Exports 0.4% 0.4% 0.3% 0.4%
Employment In Mining and Quarrying (DOLE) 158,000 169,000 197,000 210,000 238,000
Mining Contribution To Total Employment 0.5% 0.5% 0.5% 0.6% 0.6%
Taxes, Fees and Royalties From Mining
Fees, Charges & Royalties Collected by DENR-MGB/LGUs P 557.4 Million P 396.2 Million P 800.6 Million P 1,180.8 Million P 92.1 Million
Excise Tax Collected by BIR 660.3 Million 718.8 Million 1,299.7 Million nya nya
Taxes Collected by Nat'l. Gov't. Agencies 5,949.5 Million 10,272.5 Million 10,201.9 Million 1,509.7 Million nya
Taxes and Fees Collected by LGUs 522.2 Million 992.8 Million 1,071.2 Million 289.0 Million 1.9 Million
TOTAL P7,689.4 Million P12,380.3 Million P13,373.4 Million P2,979.5 Million P 94.0 Million
Number of Operating Metallic Mines:
Copper (with gold & silver) 2 3 3 3 3
Copper (with gold, silver & zinc) 1 1 1 1 1
Gold (with silver) 8 8 8 5 5
Metallurgical Chromite (ore & concentrate) 1 1 1 2 2
Refractory Chromite
Chemical Grade Chromite 1
Nickel 10 10 15 18 18
Iron _______ _______ _______ ___1___ ___1___
Total Operating Metallic Mines 23 23 28 30 30
Number Of Operating Non-Metallic Mines:
Sand and Gravel 1,820 1,820 nya nya nya
Cement 16 15 16 nya nya
Other Non-Metallics 523 523 nya nya nya
Total Operating Non-Metallic Mines 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 264 275 318 321 287
FTAA 2 3 6 6 6
EP 39 54 99 106 95
IP 199 213 202 231 217
MPP 41 41 54 66 54
TOTAL 545 586 679 730* 659**
Number of Applications Under Process(As of Current Yr.)
MPSA 1,058 997 839 628 621
FTAA 52 52 49 40 34
EP 1,496 1,575 1,545 957 1,110
IP 291 288 294 160 169
MPP 40 42 44 33 37
TOTAL 2,937 2,954 2,771 1,818* 1,971**
Average world price of Copper (WMS/LME) $3.16 / lb $2.28 / lb $3.40 / lb $4.00 / lb $3.77 / lb
Average world price of Gold (WMS/BSP) $871.52 / oz $973.01 / oz $1,222.02 / oz $1,570.25 / oz $1,689.95 / oz
Average world price of Silver (WMS/BSP) $15.00 / oz $14.67 / oz $20.13 / oz $35.22 / oz $32.58 / oz
Average world price of Nickel (WMS/LME) $9.58 / lb $6.56 / lb $9.82 / lb $10.39 / lb $8.91 / lb
Peso to US Dollar Exchange Rate (BSP) P44.48 P47.64 P45.11 P43.31 P43.04
+Preliminary; *as of June; ** as of Jan.; 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-Gold 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, Masbate Gold Project, Paracale Gold Project, APEX Maco Operation, and Banahaw Gold Project,
d) Metallurgical Chromite (Ore & Concentrate): Dinagat Chromite Project and Homonhon Chromite Project
e) Nickel Ore: Sta. Cruz-Candelaria Proj.; Sta. Cruz Nickel Proj.; Rio Tuba Nickel Proj.; Toronto and Pulot Nickel Projs.; Berong Nickel Proj.;
Tubay Nickel-Cobalt Proj.; Dinagat Chromite-Nickel Proj.; Cagdianao Nickel Proj.; Tagana-an Nickel Proj.; Nonoc Nickel Proj.; Cagdianao
Nickel Proj. (PGMC); Taganito Nickel Proj.; Tandawa Nickel Proj.; Adlay and Dahican Nickel Projs.; Dahican Nickel Proj.; Carrascal Nickel
Proj.; Cantilan Nickel Proj.; and Bel-at 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(2012)/econ-ind/rvs/19Jun12