The estimated value of silver produced in the Philippines amounted to around 1.86 billion Philippine pesos in 2023, significantly lower than the previous year. The estimated production value of silver peaked in 2022.
In 2017, the government imposed a ban on open-pit mining for minerals, including silver, due to its extensive environmental damage. The ban was lifted before the end of 2021 to revitalize the mining industry.
Estimated production value of silver in the Philippines from 2012 to 2023
(in million Philippine pesos)
Characteristic
Production value in million Philippine pesos
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Mines and Geosciences Bureau (Philippines). (March 7, 2024). Estimated production value of silver in the Philippines from 2012 to 2023 (in million Philippine pesos) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1333240/philippines-production-value-silver/
Mines and Geosciences Bureau (Philippines). "Estimated production value of silver in the Philippines from 2012 to 2023 (in million Philippine pesos)." Chart. March 7, 2024. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1333240/philippines-production-value-silver/
Mines and Geosciences Bureau (Philippines). (2024). Estimated production value of silver in the Philippines from 2012 to 2023 (in million Philippine pesos). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1333240/philippines-production-value-silver/
Mines and Geosciences Bureau (Philippines). "Estimated Production Value of Silver in The Philippines from 2012 to 2023 (in Million Philippine Pesos)." Statista, Statista Inc., 7 Mar 2024, https://www.statista.com/statistics/1333240/philippines-production-value-silver/
Mines and Geosciences Bureau (Philippines), Estimated production value of silver in the Philippines from 2012 to 2023 (in million Philippine pesos) Statista, https://www.statista.com/statistics/1333240/philippines-production-value-silver/ (last visited July 22, 2024)
Estimated production value of silver in the Philippines from 2012 to 2023 (in million Philippine pesos) [Graph], Mines and Geosciences Bureau (Philippines), March 7, 2024. [Online]. Available: https://www.statista.com/statistics/1333240/philippines-production-value-silver/