PMEA Blog

philstar.com
MANILA, Philippines (Xinhua) - Canadian mining firm TVI Resource Development (Phils.), Inc. (TVIRD) delivered its 10th shipment of copper concentrates from its Canatuan mine in Zamboanga del Norte totaling 5,284 dry metric tons (DMT) worth 7.7 million US dollars to Swiss firm MRI Trading AG (MRI).
Rocky Dimaculangan, TVIRD’s company manager for corporate affairs, said Tuesday […]

Othel V. Campos
TVI Resource Development (Philippines) Inc., a unit of TVI Pacific Inc. of Canada, is looking at the Balabag gold prospect in Zamboanga del Sur as its next priority mining project.
TVI Resource said the Balabag mining property had the potential to become the company’s second production center based on initial exploration results.
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TVI Pacific Inc. (TSX: “TVI” or the “Company”) announced today that its Philippine operating affiliate, TVI Resource Development (Phils.), Inc. (”TVIRD”), has completed its seventh shipment of copper concentrates produced at the Canatuan Mine on September 30, 2009. The concentrates were shipped from the TVIRD warehouse facility, at Santa Maria Port in Siocon, Zamboanga del […]

Written by Bong Garcia Jr. / Correspondent
ZAMBOANGA CITY—The TVI Resource Development Inc. (TVIRD), which is operating in the town of Siocon, Zamboanga del Norte, is expected to earn total revenues of $34.1 million from its sale of copper concentrates to a major Chinese smelter this year.
TVIRD public-affairs director Rocky Dimaculangan said they have completed the […]

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 […]

From: globeinvestor.com
MANILA (Reuters) - Burglars ransacked the offices of a Canadian-run gold mine on the troubled southern Philippine island of Mindanao earlier this week and stole the payroll for local staff, police said on Thursday.
Superintendent Jose Bayani Gucela, police spokesman in the Western Mindanao region, said about 1.1 million pesos ($26,378) in cash was taken […]

TVI Pacific says that, while it applauds the mission and objectives set out in the recently published Rights & Democracy Report, entitled Human Rights Impact Assessments for Foreign Investment Projects, the company is very critical of the flawed execution of the Philippines Case Study contained in the Report.
TVI Pacific voluntarily participated in the Philippines Case […]

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 […]

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 […]

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 […]