6 months PH’s mining sector earns higher at P122-B even with lower output MB |Biz
By Madelaine B. Miraflor The Philippine mining sector is still benefiting from China’s move to raise its stainless steel production that despite a continuous decline in output, the overall value of what it has produced in the entire 2018 managed to rise to P121.94 billion. Mines and Geosciences Bureau logo (Courtesy of mgb.gov.ph) A latest data from Mines and Geosciences Bureau (MGB) showed that the Philippines’ metallic mineral production value went up by 10.42 percent from P110.43 billion in 2017 to P121.94 billion in 2018, an P11.51 billion increase. This was the second year in a row that the metallic ... more