TVI Pacific second quarter: strong cash flow from low-cost production
August 17th, 2009
Filed under: Mine - Canatuan, Operator - TVI Pacific
CALGARY, Aug. 14 /CNW/ - TVI Pacific Inc. (”TVI” or the “Company”) today released second quarter operating statistics for the Canatuan Mine in the southern Philippines, which has generated gross revenues of $20.7 million since the initiation of commercial operations (targeting the sulphide zone) on March 1, 2009. Canatuan is operated by TVI’s Philippine affiliate, TVI
Resource Development (Phils.), Inc. (”TVIRD”). All numbers in this News Release are expressed in Canadian dollars unless otherwise indicated. For the three month period ended June 30, 2009, the Canatuan Mine produced 12,229 dry metric tonnes of copper concentrates.
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