PMEA Blog

For the nearly 50,000 residents of Rapu-Rapu, Albay and the adjoining municipality of Prieto Diaz, Sorsogon, fishing has been the primary livelihood for generations.
The fish that they catch from Lagonoy Gulf and Albay Gulf is not just their staple food, it is also a main source of income for the communities, no matter how […]

Consolidated Audited Financial Results:
- Cash Flow From Operations - 780% Increase
- Operating Revenue - 152% Increase
- Net Income - $1.8 Million Compared With A Loss Of $3.1 Million In 2005
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CALGARY, ALBERTA–(CCNMatthews - March 28, 2007) - TVI Pacific Inc. (TSX:TVI) (the “Company”) today announced record annual financial results for the year ended December 31, 2006. […]

When Australia’s Lafayette Mining Ltd began its polymetallic mining operations on the eastern Philippine island of Rapu-Rapu two years ago, it was met with stiff resistance from residents and environmental activists.
“They are not welcome here,” Domingo Guinan, a 40-year-old fisherman and farmer, said as he bluntly voiced out his opposition to Lafayette’s mining project.

March 29 (Bloomberg) — Oceana Gold Ltd., an Australian miner with projects in Southeast Asia and New Zealand, has received takeover approaches, Chief Executive Officer Stephen Orr said. The shares pared early losses to end unchanged.
“We have been approached,” Orr said in an interview today in Singapore, without giving details. “We’re not for sale.”