Since 2003, the mining industry including the mining equipment sales sector has been progressively growing. And last year, this sector which includes the mining equipment sales sector, registered impressive figures:
Mining Gross Production Value: PhP97.41 billion (US$2.11 billion)
Mining’s Contribution to GDP (current prices): US$ 1.96 billion (1.4%)
Total Exports of Minerals and Mineral Products: US$2.548 billion (5.2%)
Taxes, Fees and Royalties from Mining: PhP10.4 billion
Employment in Mining (and Quarrying): 149,000
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