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Minerals Industry Contribution to the Economy of Region 1

Minerals Industry Contribution to the Economy of Region 1. By: Gemmalyn G. Dyqiangco MGB-R1. Mineral Production CY 2010-2012. 1,148.6M. 592.9M. 230.53M. 76.31M. Direct Impacts of Mining (LGU Payments). 44.11M. 43.71M. 27.22M. 17.79M. Mineral Exports (CY 2012).

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Minerals Industry Contribution to the Economy of Region 1

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  1. Minerals Industry Contribution to the Economy of Region 1 By: GemmalynG. Dyqiangco MGB-R1

  2. Mineral Production CY 2010-2012 1,148.6M 592.9M 230.53M 76.31M

  3. Direct Impacts of Mining(LGU Payments) 44.11M 43.71M 27.22M 17.79M

  4. Mineral Exports(CY 2012)

  5. $1.6M from 880,960 cu.m. of Construction Sand, $27,000.00 from 26,100 cu.m. of Washed • Sand and 8,000 MT from $140,000.00 of Magnetite Sand • (exported to Singapore, Japan, Guam and China) • 16,000.00 MT of Feldspar • and Silica Quartz amounting to ₱7.7M • (delivered to tiles factories in Metro Manila and Cavite City)

  6. 15,350.00 MT of assorted, multi-colored, and decorative pebbles amounting to ₱7.2M (Exported to Japan, South Korea, France, Norway, Saudi Arabia, Singapore, Canada, Netherlands and Germany) LUNA

  7. MANGATAREM 200.00 MT of Natural Zeolite and Bentonite Granules and Powders Were transported to Japan valued at $11,000.00.

  8. CONTRIBUTION OF THE MINING INDUSTRY TO THE GROSS REGIONAL DOMESTIC PRODUCT OF THE REGION Gross Regional Domestic Product (GRDP) is the value of all final goods and services produced by the economy during a given period. It includes: Agri, Hunting, Forestry and Fishing Industry Sector-Mining & Quarrying, Manufacturing, Construction, Electricity, Gas, Personal & Electricity & Water Supply and C. Service Sector-Transport, Storage & Communication, Trade & Repair of motor vehicles, Motorcycles, Personal & Household Goods, Financial Intermediation, Real Estate, Renting & Business, Public Administration & Defense-Compulsary Social Security & other services.

  9. MINING AND QUARRYING SHARE TO THE GROSS REGIONAL DOMESTIC PRODUCT P E R C E N T

  10. IN TERMS OF GROWTH RATES 14.8% P E R C E N T 5.4%

  11. IN TERMS OF PESOS 3.3M 2.9M 2.7M M I L L I O N

  12. MaramingSalamatpo!

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