The Caraga mining industry has significantly contributed to the country’s economic development as well as the foreign-exchange earnings through the mineral exports. As the mining season for the majority of nickel/iron mines in the region ends on the 4th quarter of every year considering the climatic condition of the region, the Mines and Geosciences Bureau Regional Office No. XIII would like to present the partial and unreconciled Metallic Mineral Resources Data on Sales of the seventeen (17) Nickel mines, one (1) Gold with Silver mines, and one (1) processing plant.
The following shows the details of the Metallic Mineral Resources Data on Sales of the operating/producing mines covering the period of CY 2021:
|Mineral Commodity||No. of Shipments||Actual Volume||Gross Sales Value (in PhP)|
|Nickeliferous Ore||640||35,933,190.94 WMT||PhP52,746,374,264.95|
|Gold Doré||20||1,961.61 kg||PhP5,883,814,994.51|
|Silver Doré||20||1,900.15 kg||PhP81,225,948.26|
|Nickel/Cobalt Mixed Sulfides||10||48,174.59 WMT||PhP19,806,829,580.11|
|Scandium Oxalate||10||20,552.40 wkg||PhP341,052,782.97|
In terms of total gross sales value, commodity shipments have increased approximately by 8.93% from PhP72.39 Billion in CY 2020 to PhP78.86 Billion in CY 2021. The increase of the mineral sales for CY 2021 was mainly due to the increase of metal price in the world market. The nickel producing mines in the region have been consistent in gaining considerable earnings even in the previous years. The gross sales value has increased approximately by 21.19% from PhP43.53 Billion in CY 2020 to PhP52.75 Billion in CY 2021.