Ores are naturally occurring materials that can be profitably mined for their mineral or metallic content. A rock or mineral is considered an ore based on its chemical composition, percentage of extractable resource, and market value. Mining involves prospecting, drilling, modeling, identifying impacts, designing and constructing mines, extracting ore, milling, and decommissioning. The Philippines has significant mineral reserves, ranking 5th most mineralized globally with abundant deposits of gold, copper, nickel, and other metallic and nonmetallic minerals. Major mining areas include regions of Benguet and Surigao-Davao for copper and gold, and Palawan and Surigao for nickel.
Ores are naturally occurring materials that can be profitably mined for their mineral or metallic content. A rock or mineral is considered an ore based on its chemical composition, percentage of extractable resource, and market value. Mining involves prospecting, drilling, modeling, identifying impacts, designing and constructing mines, extracting ore, milling, and decommissioning. The Philippines has significant mineral reserves, ranking 5th most mineralized globally with abundant deposits of gold, copper, nickel, and other metallic and nonmetallic minerals. Major mining areas include regions of Benguet and Surigao-Davao for copper and gold, and Palawan and Surigao for nickel.
Ores are naturally occurring materials that can be profitably mined for their mineral or metallic content. A rock or mineral is considered an ore based on its chemical composition, percentage of extractable resource, and market value. Mining involves prospecting, drilling, modeling, identifying impacts, designing and constructing mines, extracting ore, milling, and decommissioning. The Philippines has significant mineral reserves, ranking 5th most mineralized globally with abundant deposits of gold, copper, nickel, and other metallic and nonmetallic minerals. Major mining areas include regions of Benguet and Surigao-Davao for copper and gold, and Palawan and Surigao for nickel.
PROFITABLY MINED. IT CAN BE MINERAL OR ROCK OR METTALIC OR NONMETALLIC, DEPENDING ON THE ECONOMIC REQUIREMENT. DEPOSIT
•IS CONSIDERED A POTENTIAL ORE BODY IF ITS LOCALIZED
ABUNDANCE IS GREATER THAT ITS AVERAGE ABUNDANCE OR DISTRIBUTION ON EARTH’S CRUST. A ROCK OR MINERAL IS CONSIDERE AN ORE BASED ON: 1. OVERALL CHEMICAL COMPOSITION 2. PERCENTAGE OF EXTRACTABLE RESOURCE WITH RESPECT TO ITS TOTAL VOLUME 3. MARKET VALUE OF RESOURCE MINING ORES • MINING REFERS TO A SET OF PROCESSES THROUGH WHICH USEFUL RESOURCES ARE WITHDRAWN FROM A STOCK OF ANY NON RENEWABLE RESOURCE. • ORE BODIES ARE UNEVENLY DISTRIBUTED THROUHOUT EARTH’S CRUST. THIS IS THE MAIN REASON WHY A COUNTRY WILL NEVER BE SELF-SUFFICIENT IN TERMS OF NATURAL RESOURCES AND SUPPLIES. 1. PROSPECTING OR EXPLORATION 2. DRILLING 3. MODELING 4. IDENTIFYING AND ASSESSING THE POTENTIAL IMPACTS 5. DESIGNING AND CONSTRUCTING THE MINE 6. ORE EXTRACTION 7. MILLING 8. MINE SITE DECOMMISSIONING LOCAL ORE MINERALS •PHILIPPINES HAS VARIOUS KINDS OF MINERAL RESERVES WHICH HAS PUT THE COUNTRY IN WORLD MINERAL MAP AS: • 5TH MOST MINERALIZED COUNTRY IN THE WORLD • 3RD IN GOLD RESERVES • 4TH IN COPPER • 5TH IN NICKEL • 9 MILLION HECTARES OR 30% OF THE COUNTRY’S TOTAL LAND AREA OF 30 MILLION HECTARES, ARE BELIEVED TO CONTAIN IMPORTANT METALLIC MINERAL DEPOSITS. • 5 MILLION HECTARES ARE ALSO CONSIDERED POTENTIAL SITES FOR NONMETALLIC MINERAL RESERVES. • 2.2 MILLION SQUARE KILOMETERS OF COUNTRY’S OFFSHORE AREAS, CONTAIN PLACER MINERALS WHICH INCLUDE GOLD, MAGNETITE- AND CHROMITE-BEARING SANDS, AGGREGATE RESOURCES (SAND AND GRAVEL) DECORATIVE STONES, AND POLYMETALLIC SULFIDE DEPOSITS. • THE COUNTRY’S ESTIMATED OVERALL MINERAL RESERVES ARE ESTIMATED TO BE ABOUT 14.5 BILLION METRIC TONS OF METALLIC MINERALS AND ABOUT 67.66 BILLION METRIC TONS OF NON METALLIC MINERALS. • AMONG PHILIPPINES’ IMPORTANT METALLIC MINERALS THAT ARE FOUND IN ABUNDANCE INCLUDE GOLD, COPPER, IRON, CHROMITE, NICKEL, COBALT, AND PLATINUM AND NON METALLIC MINERALS INCLUDE SAND AND GRAVEL, LIMESTONE, MARBLE, CLAY, AND OTHER QUARRY MATERIALS. • THE MOST PROLIFIC COPER AND GOLD PRODUCERS IN THE PHILIPPINES ARE FOUND IN BAGUIO AND MANKAYAN DISTRICTS OF BENGUET PROVINCE, AND SURIGAO-DAVAO DISTRICT. • MAJOR PRODUCERS OF NICKEL ARE PALAWAN AND SURIGAO.