| Mining - Quick Facts | |||||
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The Philippines is located in the “Pacific Ring of Fire” – within the ring of volcanoes around the Pacific Ocean, host to rich mineral deposits Established reserves of about 13 known metallic and 29 nonmetallic minerals Total land area 30 million hectares Mineralized land area of 9 million hectares, or 30% of total land area Gold Mineral Endowment 3rd in world Copper Mineral Endowment 4th in world Nickel Mineral Endowment 5th in world Chromite Mineral Endowment 6th in world 13 Metallic Minerals (known) 7.1 billion metric tons 29 Non-Metallic Minerals (known) 51 billion metric tons |


