TVI Pacific was the first foreign resource company to put a mine into production in the Philippines after the passage of the Philippines Mining Act of 1995. From 2004 to 2014, TVI successfully operated the Canatuan gold/silver and copper/zinc mine located in the Province of Zamboanga del Norte, on the Philippine island of Mindanao.
Between 2004 and 2008, the Canatuan gold-silver mine produced a total of 105,200 ounces of gold and 1.8 million ounces of silver dore -- generating gross revenues of US$86.0 million and net cash flows of US$29.0 million. And from 2009 to 2014, the Canatuan copper-zinc mine produced a total of 199,778 dry metric tonnes of copper concentrate and 30,548 dry metric tonnes of zinc concentrate for gross revenues of US$393.0 million and net cash flows of US$151.0 million.
Throughout its operations, TVI (through its subsidiary TVI Resource Development Phils.Inc) was recognized year after year at the annual Philippine Mine Safety and Environmental Conference for operating at the highest industry standards for safety and environmental protection.
Today, TVI is considered a 'partner of choice' and a model operator in the eyes of the Canatuan communities, the Philippine government and various regulators. See the presentation and videos below to learn more.