At a Glance · Industry Report · 2023
Central Visayas Mining Industry Performance in 2023
Production trends, export activities, fiscal contributions, and growth outlook for one of the Philippines’ key mining regions.
Copper
Limestone
Silica
Dolomite
Basalt
Key Performance Indicators, 2023
10.83M MT
Total Production Volume
₱18.62B
Total Production Value
₱20.50B
Export Sales
USD 368.13 million
₱1.72B
Local Sales
4,212
Direct Employees
Production Volume by Province
Cebu
5.54 M MT
Copper · Limestone · Basalt
Bohol
5.08 M MT
Limestone
Negros Oriental
212K MT
Silica
Siquijor
21K MT
Dolomite
Mining Contributions by Province
Cebu
The Mining Powerhouse · 98.7% of regional exports
Production Volume5.54M MT
Production Value₱18.03B
Export Value₱20.24B
Workers Employed3,431
Carmen Copper Corporation
₱14.25B copper concentrate · ₱2.85B gold exports · Leading regional producer
Apo Land & Quarry / Solid Earth Development
Major limestone producers for local and export markets
JLR Construction & Aggregates Inc.
Notable basalt supplier · ₱145.79M production value
Bohol
Limestone
Production Volume5.08M MT
Production Value₱540.75M
Bohol Limestone Corporation
2.33M MT produced · ₱121.05M local sales
Philippine Mining Services Corp.
₱252.13M in limestone export revenue
Negros Oriental
Silica
Production Volume212,398 MT
Production Value₱48.95M
HAZ Mining
Dominant silica supplier · ₱58.39M in local sales
Fiscal & Social Impact
Total Tax Contributions
₱4.10 Billion
Cebu
₱4.03B
Bohol
₱62.28M
Negros Oriental
₱8.67M
Siquijor
₱3.17M
Direct Employment
4,212 Workers
Cebu
3,431
Bohol
~600 est.
Neg. Or. / Siquijor
Remainder
Cebu accounts for over 81% of total regional employment.
Challenges & Outlook for 2024
📈 Export Growth
Cebu’s copper and limestone exports are expected to continue driving foreign exchange earnings in global markets.
🏗 Infrastructure Demand
Government-backed construction projects will sustain strong domestic demand for limestone, aggregates, and silica.
🌿 Sustainable Mining Push
Companies are expected to adopt greener technologies and responsible practices to comply with stricter environmental standards.
⚠ Key Challenges
Stricter environmental regulations, volatile copper and gold prices, and potential changes in mining tax policy pose risks to growth.