TVI Pacific
| Formerly | TVI Copper Inc. |
|---|---|
| Company type | Public company |
| TSX-V: TVI | |
| Industry | Mining |
| Founded | 1987 |
| Headquarters | , |
Area served | Worldwide |
| Products | Mining gold, silver and copper |
| Website | tvipacific |
TVI Pacific (TVI) is a Canadian mining company headquartered in Calgary. TVI's Canatuan mines were the first foreign-invested mine in the Philippines after the passage of the Philippine Mining Act of 1995. The company operates in Canada, the Philippines, Australia, Anguilla, Fiji, and China.
History
[edit]The company was founded in 1987 as TVI Copper and changed its name to TVI Pacific Inc. in July 1994.
From 2004 to 2014, TVI produced 105,200 ounces (2,980,000 g) of gold, 1.8 million ounces (51,000,000 g) of silver, 199,778 tonnes (196,623 long tons; 220,218 short tons) of copper and 30,558 tonnes (30,075 long tons; 33,684 short tons) of zinc concentrate Revenues over the 10-year period totalled US$478 million.
TVI bought 30.66% of TVI Resource Development (Phils.) Inc. (TVIRD), a resource company established in 2014 that mines for nickel laterite ore, gold, and silver.[1]
Another project was the Cirianiu gold project located in the Macuata Province of northern Vanua Levu Island of the Fijis.[2]
In 2015 TVI was mentioned along with several other mining companies as being the likely beneficiary of a series of government-funded murders of the indigenous Lumads who live in the Mindanao region of the Philippines, an area rich in mineral resources to which these companies would like better access.[3]
See also
[edit]References
[edit]- ^ "Balabag mining project just a step away from full-scale gold, silver production | Jonathan L. Mayuga". 5 May 2016.
- ^ "TVI Signs Heads of Terms Agreement on the Cirianiu Gold Project in Fiji and Commences Preliminary Exploration Work Program".
- ^ Hilary Beamont (28 October 2015). "Escalating Violence and Mining Encroachment Spark Protests in the Philippines". ViceNews.