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Mining sector suffers decline in production, value in 3 quarters – Manila Bulletin

Published December 11, 2020, 3:30 PM The Philippines mining sector has suffered a decline in output and value from January to September of this year, a negative development that the government attributes to the COVID-19 pandemic. In its latest data, Mines and Geosciences Bureau (MGB) said the country’s metallic mineral production was “still lackluster during the first three quarters of 2020”, with its value falling by 4.75 percent from P99.72 billion during the same period last year to P94.99 billion. This, as almost all of the country’s minerals – gold, silver, copper, nickel, and chromite – booked lower production. “The COVID pandemic continued to adversely affect mining operations in the country,” MGB said.

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