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The PSE Mining and Oil Index is the sub-index of the Philippine Stock Exchange for mining and oil companies. It is one of the six sub-indices of the PSE that provide a useful measurement of sectoral performance. [1] Lepanto Consolidated Mining Company and Philex Mining Corporation used to be listed in the PSE until their removal in the 2010s.
The economy of the Philippines is an emerging market, and considered as a newly industrialized country in the Asia-Pacific region. [31] In 2024, the Philippine economy is estimated to be at ₱26.55 trillion ($471.5 billion), making it the world's 32nd largest by nominal GDP and 13th largest in Asia according to the International Monetary Fund.
The Semirara Mining and Power Corporation (SMPC) is a mining company based in the Philippines. The company, a subsidiary of DMCI Holdings , operates its main coal mine in Semirara Island and is the biggest coal producer in the Philippines accounting for 92 percent of the total national production as of 2015.
The latest government figures show that the Philippines, a major supplier of nickel ore to top metals consumer China, produced 35.14 million dry metric tons last year, an increase of 19% on the year.
The Mines and Geosciences Bureau (MGB) is a government agency of the Philippines under the Department of Environment and Natural Resources (DENR). The MGB is responsible for the conservation, management, development, and use of the country's mineral resources, including those in reservations and public lands.
President Rodrigo Duterte discusses matters with Energy Secretary Alfonso Cusi on the sidelines of the oil and gas production ceremonial commencement on May 19, 2018.. In 2009, China International Mining Petroleum Co. Ltd. (CIMP Co. Ltd.) was granted Petroleum Service Contract No. 49 allowing the firm to explore and drill oil in Alegria. [6]
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Open pit mine in Toledo, Cebu. The following list of mines in the Philippines is subsidiary to the Lists of mines in Asia article and Lists of mines articles. This list contains working, defunct and future mines in the country and is organised by the primary mineral output(s) and province.