mining mineral deposits production process philippines

Minerals are natural substances , usually comprising “inorganic element or compound, having an orderly internal structure and characteristics, chemical composition, crystal form, and physical properties” (NAMRIADENR, 1991)  Any concentration of these minerals, with a potential economic value that can be extracted at a profit, is considered a mineral resource Despite its small area, the Philippines is one of the world’s richly endowed countries in terms of mineral resources

The mining industry plays a very important role in the country’s economic development For one, the industry provides employment opportunities to a significant portion of the population, directly and indirectly The launching of a mining project spurs local and regional economic development as mining firms invest in road infrastructure, utilities, and other facilities within the mine site Mining, likewise, contributes to the country’s foreignexchange earnings through exports Furthermore, the industry provides additional revenues for the government through taxes and fees paid on mining and other related activities

Mineral resources include both the metallic and nonmetallic minerals In terms of their economic contribution to the country, the important metallic  minerals  include gold, copper, iron, chromite, nickel, manganese, cobalt, lead, zinc, molybdenum, mercury, and aluminum; while coal, phosphate rock, magnetite, sulfur, guano, barite, bentonite, clay, diatomite, feldspar, gypsum, perlite, silica, gravel and sand, basalt, marble, limestone, shale, diorite, jade, opal, quartz, rhodonite, obsidian, agate, and serpentinite are all classified as nonmetallic minerals

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Product Categories : Mining quarry