Mining investments to reach $348M

ENVIRONMENT Secretary Angelo Reyes sees brighter prospects for the mining industry this year with investments projected to reach US$348 million.
Reyes said the expansion of the HPAL facility in Coral Bay in Palawan would bring in $154-million, the continuing rehabilitation of the Carmen copper project in Cebu would bring in US$97 million, and a gold project […]

TVI Resources Philippine profit up 67%

MANILA,, Philippines — Canadian mining firm TVI Pacific Inc. said its Philippine affiliate’s net income in the first quarter went up 67.3 percent to 2.4 million Canadian dollars, or about P102 million, as revenue rose 40.3 percent to 10.23 million Canadian dollars, or P425 million.
It said TVI Resource and Development (Philippines) Inc.’s gold output for […]

Canadian Mining Firm Reports Encouraging Results In Gold And Silver Drillings In The Philippines

Manila, Philippines (AHN) - Canadian mining firm TVI Pacific Inc. said its Philippine affiliate had received “further positive” assay results from ongoing exploration drillings in the Balabag gold and silver prospecting area of Zamboanga del Sur.
Drillings are being made on the Tinago-Miswi-Lalab vein system, 47 miles from TVI Resource Development (Philippines) Inc.’s Canatuan mine in […]