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Situated on the western fringes of the Pacific Ring of Fire, the Philippines experiences frequent
seismic and volcanic activity.[191] The Benham Plateau to the east in the Philippine Sea is an
undersea region active in tectonic subduction.[192] Around 20 earthquakes are registered daily, though
most are too weak to be felt. The last major earthquake was the 1990 Luzon earthquake.[193] There
are many active volcanoes such as the Mayon Volcano, Mount Pinatubo, and Taal Volcano.
[194]
The eruption of Mount Pinatubo in June 1991 produced the second largest terrestrial eruption of
the 20th century.[195] The Philippines is the world's second-biggest geothermal energy producer
behind the United States, with 18% of the country's electricity needs being met by geothermal
power.[196]
Significant mineral deposits exist as a result of the country's complex geologic structure and high
level of seismic activity.[197][198] These deposites are considered highly valuable. [199] The country is
thought to have the second-largest gold deposits after South Africa, along with a large amount of
copper deposits.[200] Palladium, originally discovered in South America, was found to have the world's
largest deposits in the Philippines too.[201] Other minerals include chromite, nickel, and zinc. Despite
this, a lack of law enforcement, poor management, opposition due to the presence of indigenous
communities, and past instances of environmental damages and disasters, have resulted in these
mineral resources remaining largely untapped.[200][202]
Biodiversity
Main article: Wildlife of the Philippines
See also: List of threatened species of the Philippines