26/06/2026
The value of the country’s Class A gold, copper, nickel and chromite reserves rose 17.6 percent to P588.12 billion in 2025 from P500.2 billion in 2024, with gold assets valued at P308.79 billion, copper at P60.5 billion, nickel down to P217.74 billion, and chromite down to P1.1 billion; the PSA said the four minerals contributed P68.25 billion, or 0.24 percent, to GDP through resource rent, while physical stocks declined for gold to 371,260 kilos, copper to 4.14 million MT, nickel to 632.79 million DMT, and chromite to 66.29 million MT, with gold extraction also down 2.7 percent to 19,550 kilos.
The value of the country’s key mineral reserves rose to over P580 billion last year on the back of higher Class A gold reserves, according to the Philippine Statistics Authority.