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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 project, formerly owned by Glencore, is set to become the Philippines' largest mining operation and one of the biggest copper mines in the world with estimated annual production of 375,000 tonnes of copper and 360,000 ounces of gold over its 17-year life

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Sep 13, 2012· Sitting on a Gold Mine: Will Mining Make or Break the Philippines? The Philippine government believes bolstering extractive industries will drive growth

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