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The newest Agusan Lake from the Butuan-Surigao area on the island away from Mindanao is known for silver mining. Which lake is generally has worked in the Butuan polity found at the brand new mouth area of your Agusan River. Compostela Valley, also known as the fresh “gold exploration financing of one’s Philippines,” is situated in the brand new southern element of Mindanao. The newest Philippines is found in the new Pacific Band out of Fire, which contains significant copper and you can silver resources. The brand new areas of Baguio and you will Paracale inside the Luzon and you can Mascara, Surigao, and you may Masbate inside the Mindanao will be the prominent producers out of gold. Benguet, established in 1903, is the first and you will oldest mining company in the country.

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