Philippines has a very strong mineral resource base. Its geological setting offers many of the best potential sites for mineral resources development, earning for it a very high mark for mineral prospects. Gold, for instance, is so widely distributed that all country’s gold output since the third century had been sustained only by shallow deposits. Of the total thirty (30) million hectares of land area in the Philippines, only about one and a half percent (1.5%) are presently covered by mining permits. Of the balance area, about thirty percent (30%) were found by the Mines and Geosciences Bureau to be geologically prospective for metallic minerals. With the continuing exploration and geological mapping work, this potential for metals is expected to increase further. There is an estimated nine (9) million hectares more of potential sites for metallic minerals.

Davao Oriental is among the richest provinces in the country in terms of metallic and non-metallic mineral resources. The significant increase in mineral production in Davao Oriental commenced in 2007 was brought about by the upsurge in world demand and in price.
Other quarry materials e.g., sand and gravel and pebbles As of 2008, Total Land Area Covered and approved Mining Tenements is 129,973.14 ha With 42 tenement claims:
– 13 MPSA (Mineral Production Sharing Agreement) with 31,035.65 ha
– 5 EP (Exploration Permits) with 10,016.71 ha
– 39 SSMPs (Small Scale Mining Permits) with 568 ha
– 8 SAG (sand and Gravel) Permits with 8 ha
– 1 Pebble Picking Permit (PPP) with 1 hectare
– 22 MPSA/EP Applications are now being processed with the MGB-RXI