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Mining and Mineral Exploration

I. Brief Situationer of the Philippine Minerals Sector

The following information has been collated by Imaginet International Inc. from the following sources to assist companies in their research on the Minerals Sector in the Philippines:

II. Current Policies To Revitalize The Minerals Sector

A. The Philippine Mining Act of 1995 And Its Revised Implementing Rules

III. Challenges/Concerns That Confront The Minerals Sector

A. Pervasive Anti-Mining Movement in the Philippines
B. Low Level of Investor Confidence
C. Restrictive Land Use And Conflicting Philippine Government Policies
D. Idle, Sequestered and/or Abandoned Mining Assets in the Philippines

IV. Future Plans/Directions Of The Minerals Sector

A. Philippine Economic Development
B. Philippine Environmental and Social Management

Tables

Gross National Product And Mining Value Added Growth Rates in the Philippines
Number Of Mining Rights Issued By The Philippine National Government
Types Of Mining Rights Granted By The Philippine Mining Act
Environmental Provisions Of The Philippine Mining Act
Social Development Provisions Of The Philippine Mining Act

Figures

Figure 1 - Value Of Mineral Production And GDP of the Philippines and of Other Countries
Figure 2 - Comparative Exploration Expenditures (In US $ Million)
Figure 3 - Proportions of Land Area In The Philippines With Potential For Metallic Minerals And Area Covered By Mining Permits
Figure 4 - Areas In The Philippines With Potential For Metallic Mineralization
Figure 5 - Offshore Areas In The Philippines With Potential For Minerals
Figure 6 - Percentage Share of Mining To GNP
Figure 7 - GNP And Mining Value Added Growth Rates in the Philippines
Figure 8 - Number Of Metal Mines in the Philippines, 1970-2002
Figure 9 - Number Of Nonmetal Mines in the Philippines, 1990-2002
Figure 10 - Annual Average Price Of Copper (In UScents/Lb)
Figure 11 - Annual Average Price Of Gold (In US$/Tr. Oz.)
Figure 12 - Annual Average Price Of Silver (In US$/Tr.Oz.)
Figure 13- Annual Average Price Of Nickel (In Uscents/Lb)
Figure 14- Components Of Mineral Production Value in the Philippines (1979-2003)
Figure 15- Components Of Metallic Production Value in the Philippines (1979-2003)
Figure 16- Components Of Nonmetallic Production Value in the Philippines (1979-2003)
Figure 17- Production Volume Of Copper, Chromite And Nickel in the Philippines
Figure 18- Production Volume Of Gold And Silver in the Philippines
Figure 19- Philippine Export Values Of Gold And Silver And Copper (In Million US$)
Figure 20- Philippine Export Values Of Nickel And Chromite (In Million US$)
Figure 21- Share Of Mineral Exports To Total Exports in the Philippines (In Percent)
Figure 22- Employment In Mining in the Philippines (In Thousands)
Figure 23- Paid-Up Capital in Mining in the Philippines (1979-2001)
Figure 24- Estimated Taxes and Fees From Mining in the Philippines (1998-2003)
Figure 25- Excise Tax On Minerals in the Philippines (1980-2003)

 

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