SPECIAL FOCUS
Philippines Mining Industry Reviving After the Shock Last year, 2021, the Philippines country mining industry had a lot to be thrilled about. For one thing, the industry's production value continued to rise, with double-digit growth in the first nine months. The value of the country's metallic mineral production increased by 22.34 percent from P99.03 billion in the same time the previous year, according to data from the Mines and Geosciences Bureau (MGB).
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rowth in gold and nickel ore output pushed the Philippine mining industry's production value in the first three quarters of 2021, thanks in large part to generally favorable world metal prices." Other metals, like say silver, copper, chromite, and iron ore, had lesser output, according to Rocky Dimaculangan, a
spokeswoman for the Chamber of Mines of the Philippines (COMP). He stated, "We believe the tendency maintained during the last quarter of the year." COVID INITIATIVES AND EMPLOYMENT
in 2021, demonstrating that it can lie as a cornerstone in the country's post-pandemic comeback efforts by continuing to provide jobs, as well as tax and export earnings for the government," Dimaculangan added.
Despite the pandemic, mining businesses continued to employ their personnel. "As in 2020, the industry went resilient
"The mining sector also provided significant help to COVID-19-affected host
18 | SKILLINGS MINING REVIEW February 2022
