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Mining

Description
The Mining industry in the Philippines plays a very significant role in the pursuit of industrial development because of the sector’s ability to provide mineral resources that serve as raw materials for manufacturing, construction, and the utilities as well as the transportation and communications sector. It is also a major contributor of foreign currency through the exports of mineral ore and other processed mineral products and provides employment to communities in far flung areas where the only source of economic activity is mining operations. The extraction of copper, gold, silver, nickel, coal, gas, oil, stone and gravel as well as finding other new mineral deposits is the primary function of the mining industry.

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