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    The Philippines are rich in mineral resources. Here's a list of themore common minerals found there: PyriteQuartzGypsumBariteSphaleriteGalenaEpidoteMolybdeniteActinoliteMagnetiteHematiteGoldGraphiteCinnabarCopperPlatinumMalachiteNickelSaltCobalt .

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    It may come as a surprise that the Philippines has substantial oil reserves. But the growing number of oil exploration activities in select parts of the country attests to promising finds.

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    A similar picture to oil exists for natural gas, with enough gas in proven reserves to meet 58.6 years of global production at the end of 2010. 4. Phosphorus. Without this element, plants cannot grow. Essential for fertiliser, phosphate rock is only found in a handful of countries, including the US, China and Morocco.

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