Philippines mineral production breaches P200 billion in H1
The value of the country’s metallic mineral production reached more than P200 billion in the first half, driven by price rallies for gold and nickel.
Manila, Philippines — The Philippines' metallic mineral production value exceeded P200 billion in the first half, propelled by soaring gold and nickel prices. Preliminary data from the Mines and Geosciences Bureau (MGB) revealed a 41 percent increase in metallic mineral production, reaching P202.18 billion from H1 2025's P142.99 billion.
Gold led production value, amounting to P114.5 billion, while nickel direct shipping ore followed at P42.17 billion. Gold production climbed by 42 percent, but its output volume fell by 12 percent from 14,604 kilos to 12,771 kilos. Nickel ore production surged 47 percent to P28.59 billion, with production up to 19.24 million dry metric tons (DMT), a 25 percent rise from 15.32 million MT.
Copper concentrate production rose marginally to P13.85 billion, with 120,586 DMT produced. Silver output dropped by 22 percent to 18,607 kilos, yet its value surged 77 percent to P2.48 billion. Mixed nickel-cobalt sulfide production increased by 55 percent to P27.96 billion. MGB Director-General Alfredo Azcuna attributed the growth to global commodity price volatility, particularly for gold and silver, stating that mine output fluctuations are normal due to operational factors.
Written by urgent.news from Philippine Star Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
