Local anomalous geomagnetic variations preceding and accompanying the volcanic eruptions had been reported by several researchers. This paper uses continuous high-resolution geomagnetic data to examine the occurrence of any anomalous geomagnetic field variations that possibly linked with the volcanic eruption of the Mayon volcano, Philippines during 2009–2010. The nearest geomagnetic observing point from the Mayon volcano is the Legazpi (LGZ) station, Philippines; which is located about 13 km South of the Mayon volcano. The amplitude range of daily variations and the amplitude of Ultra Low Frequency emissions in the Pc3 range (Pc3; 10–45 s) were examined at the LGZ station and also were compared with those from the Davao (DAV) station, Philippines as a remote reference station. Both the LGZ and DAV stations belong to the MAGDAS Network. The result of data analysis reveals significant anomalous changes in the amplitude range of daily variations and the Pc3 amplitude at the LGZ station before and during the volcanic eruption of the Mayon volcano. From the obtained results, it appears that the observed anomalous variations are dependent on the change in the underground conductivity connected with variation in the physical properties of the Earth’s crust due to the activity of the Mayon volcano. Therefore, these anomalous geomagnetic variations are considered to be of a local volcanic origin.