AngMinero
  • Home
  • News
  • Features
  • Business
No Result
View All Result
AngMinero
  • Home
  • News
  • Features
  • Business
No Result
View All Result
AngMinero
No Result
View All Result
Home Business

Davao Region’s mineral production hits P11.7 B in 2023

AngMinero News by AngMinero News
July 17, 2024
in Business, News
28 0
0
PH nickel output hits a six-year low at 33 percent
84
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter

The Mines and Geosciences Bureau in the Davao Region (MGB-11) says that the gross production value of mineral resources in the Davao Region reached Php 11.7 billion in 2023.

MGB-11 Officer-in-Charge Beverly Mae Brevante reported that the region is abundant in mineral resources, particularly gold, nickel, and copper.

This valuation is derived from the production of four large-scale mineral companies, which collectively paid Php 487.7 million in excise taxes last year.

“The excise tax goes to the national government,” Brevante added, noting that the region now has 41 large-scale mining agreements and permits.

Additionally, Department of Environment and Natural Resources director in the Davao Region Ma. Mercedes Dumagan said the region has a lot of sand and gravel reserves, with 313 permits given by local governments.

Tags: CopperGoldMGB-11mineral resourcesMines and Geosciences Bureau in the Davao Regionnickel

Related Posts

SMPC declares PHP1.25 special cash dividend, total 2025 payout at PHP13.8B
Business

SMPC declares PHP1.25 special cash dividend, total 2025 payout at PHP13.8B

October 20, 2025
FNI legal team earns top honors at 2025 ALB Philippine Law Awards
News

FNI legal team earns top honors at 2025 ALB Philippine Law Awards

October 16, 2025
Apex Mining resumes full operations after Davao earthquake suspension
News

Apex Mining resumes full operations after Davao earthquake suspension

October 15, 2025
Davao de Oro halts all mining after 7.4 quake to ensure worker safety
News

Davao de Oro halts all mining after 7.4 quake to ensure worker safety

October 13, 2025
Mining sector pools PHP 3.5M in aid for Masbate after Typhoon Opong
News

Mining sector pools PHP 3.5M in aid for Masbate after Typhoon Opong

October 13, 2025
Apex Mining suspends Davao de Oro operations after 7.4 magnitude quake
News

Apex Mining suspends Davao de Oro operations after 7.4 magnitude quake

October 13, 2025

FEATURED POST

SMPC declares PHP1.25 special cash dividend, total 2025 payout at PHP13.8B

SMPC declares PHP1.25 special cash dividend, total 2025 payout at PHP13.8B

October 20, 2025
FNI legal team earns top honors at 2025 ALB Philippine Law Awards

FNI legal team earns top honors at 2025 ALB Philippine Law Awards

October 16, 2025
Apex Mining resumes full operations after Davao earthquake suspension

Apex Mining resumes full operations after Davao earthquake suspension

October 15, 2025
Davao de Oro halts all mining after 7.4 quake to ensure worker safety

Davao de Oro halts all mining after 7.4 quake to ensure worker safety

October 13, 2025

EDITOR PICK'S

SMPC declares PHP1.25 special cash dividend, total 2025 payout at PHP13.8B

October 20, 2025

FNI legal team earns top honors at 2025 ALB Philippine Law Awards

October 16, 2025

Apex Mining resumes full operations after Davao earthquake suspension

October 15, 2025

Davao de Oro halts all mining after 7.4 quake to ensure worker safety

October 13, 2025

Mining sector pools PHP 3.5M in aid for Masbate after Typhoon Opong

October 13, 2025

Apex Mining suspends Davao de Oro operations after 7.4 magnitude quake

October 13, 2025

Hallmark Mining Corp. vows to protect Mt. Hamiguitan, jobs

October 9, 2025

Recent News

SMPC declares PHP1.25 special cash dividend, total 2025 payout at PHP13.8B

SMPC declares PHP1.25 special cash dividend, total 2025 payout at PHP13.8B

October 20, 2025
FNI legal team earns top honors at 2025 ALB Philippine Law Awards

FNI legal team earns top honors at 2025 ALB Philippine Law Awards

October 16, 2025

Category

  • Business
  • Features
  • News
  • Uncategorized

Follow us

  • Setup menu at Appearance » Menus and assign menu to Footer Navigation

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.

No Result
View All Result

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.

Login to your account below

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In