Cagayan De Oro ‘Traslacion’ Draws 13K

Sa taunang “Traslacion,” higit sa 13,000 deboto ang nagpakita ng kanilang debosyon kay Jesus Nazareno.

Siargao’s Sugba Lagoon To Close For A Month

Isasara ang makikita sa Sugba Lagoon simula Enero 10, 2025 para sa environmental recovery. Maging responsable tayo sa ating kalikasan.

Surigao City Becomes Hub For World Cruisers

Ipinakilala ang Surigao City bilang sentro ng clearance para sa mga internasyonal na cruiser sa mga yate.

Antique Town’s New PHP5 Million Greenhouse Will Secure High-Value Crop Supply

PHP5 milyong proyekto sa Libertad para sa mas mataas na produksyon ng pananim. Isang hakbang patungo sa mas masaganang kinabukasan.

Davao Region Has PHP11 Billion Worth Of Mineral Resources

Ayon sa ulat ng Mines and Geosciences Bureau sa Davao Region, umabot sa PHP11.7 bilyon ang halaga ng gross production ng mineral resources noong 2023.
By PAGEONE Business Today

Davao Region Has PHP11 Billion Worth Of Mineral Resources

3453
3453

How do you feel about this story?

Like
Love
Haha
Wow
Sad
Angry

The gross production value of mineral resources in Davao Region stood at PHP11.7 billion in 2023, an official of the Mines and Geosciences Bureau in the Davao Region (MGB-11) reported Tuesday.

During the Kapihan sa Bagong Pilipinas forum here, MGB-11 Officer-in-Charge Beverly Mae Brevante said the region is rich in mineral resources, particularly gold, nickel and copper.

The value is based on the production of four large-scale mineral companies with collective excise tax payments of PHP487.7 million last year.

“The excise tax goes to the national government,” Brevante said, adding that the region currently has 41 large-scale mining agreements and permits.

Department of Environment and Natural Resources in Davao Region Director Ma. Mercedes Dumagan said Davao Region is also rich in sand and gravel deposits, with 313 sand and gravel permits issued by the local government units. (PNA)