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Philippines top 10 exports accounted for four-fifths (80.4%) of the overall value of its global shipments. Copper was the fastest-growing among the top 10 export categories, up 213.9% from 2016 to 2017.

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Philippines Mining and Minerals Industry. The Philippines is situated along a well-defined belt of volcanoes called the Circum-Pacific Rim of Fire where the process of volcanism and plate convergence resulted in the formation of abundant and important metallic mineral deposits of gold, copper, iron, chromite, nickel, cobalt and platinum.

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The Philippines sits on vast reserves of minerals, both metallic and non-metallic. Aside from gold and copper, the country is also rich in iron ore reserves of almost 300 million metric tons.

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Mines and Geosciences Bureau

The Mines and Geosciences Bureau (MGB) is the primary government agency under the DENR that is responsible for the sustainable exploration, development, utilization and conservation of all mineral resources in public and private lands within the territory and exclusive economic zone of the Republic of the Philippines.

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the chamber of mines of the philippines is an association advancing the interest of mining, quarrying mineral processing companies for the efficient exploration, development and utilization of minerals in consonance with sound economic, environmental and social policies.

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"A nation enjoying and sustaining its natural resources and clean and healthy environment."

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Iron Iron ore, one of the Philippines' largest mineral deposits, is not being extracted at present. This was due to the higher cost of production, making the local prices of iron not competitive to world prices.