The country's mineral reserves reached P588 billion in 2025, driven by an increase in Class A gold reserves, according to the Philippine Statistics Authority as reported by Philstar Biz.
The growth in mineral asset value was primarily attributed to higher gold reserves, which rose by 12% year-on-year. Other key minerals such as copper, nickel, and chromite also contributed to the overall increase. The PSA noted that the country's mineral wealth continues to expand as exploration activities ramp up.
The Philippines holds significant mineral deposits, ranking among the top globally for gold, copper, and nickel. The rising valuations reflect both higher commodity prices and increased resource estimation. The government expects continued growth as mining laws are streamlined to attract more investments.