Monday, 30 July 2007 08:18
TVI Pacific Inc. is a Canadian mining company focused on producing, developing and exploring for precious and base metals within district scale systems in Asia. TVI's project portfolio in the Philippines consists of Canatuan, which mines and processes gold and silver rich gossan ore, and intends to begin producing copper and zinc concentrates; a 2.5% net smelter return (NSR) royalty interest in Rapu Rapu; a pollymetallic mining project, and the North Zamboanga Tenements with the Balabag property, which produces gold and silver. The Canatuan main ore body is a Besshi-type volcanogenic massive sulphide deposit, consisting of three shallow-dipping, massive sulphide-rich horizons contained within quartzsericite schists. The Rapu Rapu project is a polymetallic mining project operated by Lafayette Mining Limited. TVI holds a 2.5% NSR royalty in the project. TVI Pacific’s activities in China are conducted through its wholly owned foreign enterprise Hunan Pacific Geological Exploration Inc.
Last Updated ( Monday, 30 July 2007 08:19 )
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Monday, 30 July 2007 07:04
Philex Mining Corporation was incorporated to engage primarily in mining activities. The Company primarily produces copper concentrates containing copper, gold and silver, which are transported via sea freight and smelted either in Kyushu Island, Japan, in the Sanganoseki smelter of Pan Pacific Copper Co., Ltd. (PPC), a joint venture company between Nippon Mining Co. Ltd. and Mitsui Mining and Smelting Co., Ltd. The Bulawan gold mine produced dore bullion containing gold and silver, which were either refined by the Bangko Sentral ng Pilipinas Mint and Gold Refinery or sent by air freight and refined by Johnson Matthey plc of England. Philex Mining Corporation sells the mineral products from its copper concentrates principally to PPC.
Saturday, 28 July 2007 07:47
Lepanto Consolidated Mining Company is engaged in gold bullion production. The Company sells its gold bullion production to Johnson Matthey and Heraeus Ltd (Hongkong). Its ore reserves, as of December 31, 2006, were 1.14 million ounce of gold. The Company's revenues are generated through the sale of gold in bullion. Under the contract with Johnson Matthey and Heraeus, Limited, Lepanto Consolidated Mining Company ships gold bars on a weekly basis. Its principal subsidiaries include Shipside, Inc., which is engaged in the hauling business; Diamond Drilling Corporation of the Philippines is in the business of providing diamond drilling services, and Lepanto Investment and Development Corporation (LIDC) is in the insurance business. The Company, through LIDC, owns 80% of Diamant Boart Philippines, Inc. a manufacturer of industrial diamond tools for mining exploration, marble cutting and the construction industry.
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Tuesday, 24 July 2007 09:05
Benguet Corporation was established in 1903, pioneering the first major mining operation in the Philippines. It spearheaded a consolidation and expansion of gold mines as well as the diversification in other mineral products like copper, chromite and lime. Until the late 1980s, Benguet Corporation was known as the biggest gold mining company in the Philippines and the 16th largest in the world. Similarly, it's chromite operation in Masinloc, known internationally as "Masinloc Ore", and its highly profitable Dizon Copper Gold operation in San Marcelino, Zambales were the largest in the country.
Last Updated ( Wednesday, 25 July 2007 08:00 )
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