CALGARY, ALBERTA -- (MARKET WIRE) -- 11/14/11 --
TVI Pacific Inc. (TSX: TVI) (OTCQX: TVIPF) ("TVI" or "the Company") is extremely proud to announce that its Philippine operating affiliate, TVI Resource Development (Phils.), Inc. ("TVIRD"), has received multiple awards during the 2011 Presidential Mineral Industry Environmental Awards ("PMIEA") held last week during the National Mine Safety and Environment Conference in Baguio City.
-- Titanium Award for Excellence in Environmental Management
-- Safest Mining Operation
-- Safest Surface Mining Operation
-- Safest Mineral Processing, Concentrator Category
TVIRD was presented with a Titanium Award for Excellence in Environmental Management by the PMIEA Selection Committee led by the Department of Environment and Natural Resources ("DENR"), as well as officials from three industry organizations spearheaded by the Chamber of Mines of the Philippines.
Such prestigious awards require zero environment violations and compliance with all requirements of the DENR such as: the lodging of a contingent Liability Fund; an approved Social Management and Development Program, no fatal accident for the coverage period and no significant damage to lives and properties as a result of operations. Established in 1997, the award recognizes the social and environment initiatives and achievements by the private sector in the mining industry.
The awards highlight the Philippine mineral industry's continuing commitment to the environment, social development, safety and health, as an integral part of mineral resources development. PMIEA recognizes outstanding levels of dedication, initiative and innovation in the pursuit of excellence in environmental management by exploration, mining and other related entities involved in various aspects of mineral utilization. The scope of environmental management includes programs/projects being implemented for the environmental protection and enhancement of mining areas, development of the host and neighboring communities, land use improvement, exploration and mine site rehabilitation, and final decommissioning.
In announcing TVIRD as the winner, Mining Environment and Safety Division Chief of the Mines and Geosciences Bureau, Engr. Rodolfo L. Velasco Jr., declared TVIRD the "best of the best".
Click here to view photos from the 2011 PMIEA Awards
Previous PMIEA awards include:
-- Platinum Achievement Award (Safety 2010)
-- Surface Mining Category (Safety 2010)
-- Safest Mines Awards, Concentrator Category (2010)
-- Mining Forest Award Metallic Category (2010)
-- Health and Safety Award (2010)
"These awards speak volumes of the commitment, loyalty and expertise of everyone at TVI in all areas of our operation," stated Clifford M. James, President & Chief Executive Officer. "It shows that we really do believe and practice responsible mining. These are remarkable achievements for TVI."
About TVI Pacific Inc. (TSX: TVI) (OTCQX: TVIPF)
TVI Pacific Inc. is a publicly-traded Canadian company that is focused on the production, development, exploration and acquisition of resource projects in the Philippines. TVI produces copper and zinc concentrates from its Canatuan mine, is pre-developing its Balabag gold-silver project and is carrying out exploration programs on its other North Zamboanga tenements. TVI also has an interest in an offshore Philippine oil property.
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Contacts:
TVI Pacific Inc.
Rhonda Bennetto
Vice President, Investor & Corporate Relations
403.265.4356
rhonda.bennetto@tvipacific.com
TVI Pacific Inc.
Ian McColl
Investor Relations Analyst
403.265.4356
ian.mccoll@tvipacific.com
Source: TVI Pacific Inc.