Avocet Reports Initial Due Diligence Drill Results From Kay Tanda Gold Resource

Edmonton, Alberta CANADA, Jul 27, 2009 (Filing Services Canada via COMTEX) — MNODF | Quote | Chart | News | PowerRating — Mindoro Resources Ltd. (MIO - TSX Venture)(WKN - FWB), reports that Avocet Mining PLC. has provided initial results from a drill program on the Kay Tanda epithermal gold-silver resource, Archangel Project, Philippines. The […]

TVI Pacific Files Balabag Scoping Study

From: www.marketwire.com
CALGARY, ALBERTA–(Marketwire - Aug. 21, 2008) - TVI Pacific Inc. (the “Company”) announced today that it has filed on SEDAR (www.sedar.com) the comprehensive scoping study (prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects) respecting the Balabag epithermal gold project, which is located near the municipalities of Bayog, Zamboanga […]

Tribal justice for Canadian mining company

From: www.survival-international.org
A tribe in the Philippines has served its own tribal justice on Canadian mining company, TVI Pacific.
The Subanen, whose name means ‘people of the river’, live in the forested mountains of Mindanao island. They have invoked their traditional justice authority, the ‘Gukom’, which has found the Canadian mining company TVI Pacific guilty of crimes […]

TVI Pacific sells drilling assets in Kyrgyzstan for US$1.2 million

From: canadianpress.google.com
CALGARY — TVI Pacific Inc., a Calgary-based mining company operating in the Philippines, says its wholly owned subsidiary, Exploration Drilling Corp., has sold its non-core drilling operations and associated equipment in the Kyrgyz Republic for US$1.2 million.
The sale of the Kyrgyzstan drilling assets in central Asia is consistent with TVI’s previously announced decision to […]

TVI Pacific eyes $40-M loan for Philippine projects

From: business.inquirer.net
MANILA, Philippines–Canadian mining firm TVI Pacific said Tuesday its Philippine unit had tapped BNP Paribas to raise on a best-effort basis up to $40 million, which it said it would use to develop various projects in the southern Zamboanga Peninsula.
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Miner ends gold and silver project, shifts to zinc and copper

From: gmanews.tv
ZAMBOANGA CITY, Philippines - Canadian-backed mining firm TVI Resource Development Philippines, Inc. has ended its $25-million Canatuan gold and silver project, having depleted the gold in the area after four years of extraction.
The company is now focusing on extracting zinc and copper from the same pit, as it expects $3 million in monthly cash […]

MSC to buy 30% in Philippines mining firm

KUALA LUMPUR: Malaysia Smelting Corporation Bhd (MSC) has proposed to acquire a 30% stake in the Rapu Rapu project, which is involved in mining copper, zinc, gold and silver, in the Philippines for US$18.90mil (RM59.7mil).
MSC said on Thursday that it had signed a framework agreement with Philco Resources Ltd, LG International Corporation and Korea Resources […]

TVI Pacific Signs Definitive US$15 Million Bridge Financing Agreement

From: StreetInsider.com
CALGARY, ALBERTA–(Marketwire - March 13, 2008) - TVI Pacific Inc. (TSX: TVI) (”TVI” or the “Company”) announced today that the Company and its Philippine affiliate, TVI Resource Development (Phils.) Ltd. (”TVIRD”), have signed a definitive loan agreement with LIM Asia Arbitrage Fund Inc. and LIM Asia Special Situations Master Fund Limited (the “Lenders”), providing […]

Philex precious metals output hits P907M

From: Inquirer.net
Philex Mining Corp. announced Wednesday that it produced copper, gold and silver volumes worth a total of P907 million in February.
In a disclosure to the Philippine Stock Exchange, company chairman and chief executive Walter Brown said the metals were extracted from 764,721 tons of copper/gold ore that was treated at its Banget flotation facilities.
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Rapu Rapu mining operators seek protection against creditors

From: Inquirer.net
By Enrico dela Cruz
Thomson Financial
MANILA, Philippines — Operators of the Rapu Rapu mining project in the Philippines have filed a court petition seeking protection from creditors and disclosed Wednesday that negotiations with a Korean investor were underway.
The petition comes less than two months after Australia’s Lafayette Mining Ltd. decided to come under voluntary administration. […]