Gold ore and nickel top industry revenue in 2023 – BusinessWorld Online
STOCK PHOTO | Image by David Hellmann from Unsplash
THE Philippine Statistics Authority said gold ore generated P79 billion in revenue in 2023, accounting for 27.6% of the mining industry.
Nickel ore generated P74.43 billion or 9.1% of the industry, it said. Coal generated P61.28 billion.
Employment in the mining industry rose 4.5% to 38,239, with contract workers accounting for 43.9% of the industry.
Caraga, the leading gold region, accounted for 5,945 workers, or 15.5% of the total, while the Davao Region had a workforce of 5,009 and the Central Visayas 4,771. — Andre Christopher H. Alampay
MORE STORIES
