Characterization of Mining Behaviour of Selected Metals in the Philippines Through a Bass Diffusion Model

Abstract

This study looks at the adoption of Filipinos on the mining operation of the four primary metallic commodities in the country. The statistical model employed in the analysis of adoption is a Bass Diffusion Model. The study revealed that Filipinos are adopting the metallic mining operations for the four different types of metallic commodity, with nickel mining as the only operation which reaches its saturation level and has the fastest rate of saturation. However, the remaining quantity of mineral deposits was found to be significant in improving the economy of the country. Thus, responsible mining must be allowed to diffuse in the identified high mineral potential sites in the country.