Thursday, September 14, 2006 8:12:19 PM
Gold reserves at the beginning of 1988 was estimated at 101.6 million metric tons (MT), equivalent to about 240 MT of gold metal. Between 1988 and 1994, a total of 27.7 million MT of gold ore, containing about 36 MT of metal was extracted. On the average, this is equivalent to an annual extraction of 3.9 million MT of gold ore.
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http://www.nscb.gov.ph/peenra/results/mineral/default.asp
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