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Metallic minerals output slightly up in 2020

Published February 23, 2021, 3:34 PM
The country’s metallic mineral production slightly increased by value last year as prices remained higher than their pre-coronavirus pandemic levels, data from the Mines and Geosciences Bureau (MGB) showed.
The total metallic mineral output in January to December last year rose by 1.13 percent by value to P132.21 billion from P130.74 billion in the previous year, the MGB reported on Tuesday, Feb. 23.
“In 2020, metal prices, remain to be the silver lining amid the COVID-19 pandemic for the minerals sector. For metals, we saw that prices were higher than their pre-pandemic levels,” MGB said in a statement,
Based on the MGB report, nickel ore together with its by-products, such as mixed nickel-cobalt sulfide and scandium oxalate, accounted for half of the total metal output last year with P68.48 billion. ....

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PHL 2020 metals output up 1.3% by value

PHL 2020 metals output up 1.3% by value
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PHL metallic mineral output drops 4.75% in first nine months

December 11, 2020 | 7:37 pm
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METALLIC mineral production in the first nine months fell 4.75% year-on-year to P94.99 billion due to disruptions caused by the pandemic and the resulting lockdown, the Mines and Geosciences Bureau (MGB) said.
In a report Friday, the MGB said nickel ore and its by-products such as mixed nickel-cobalt sulfide and scandium accounted for 50.8% of the value of production or P48.22 billion, followed by gold at 36.7% or P34.85 billion, copper at 11.5% or P10.95 billion, and silver, chromite, and iron at a combined 1.02% or P966.05 million.
The MGB said the price of gold and silver rose during the period. ....

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