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The local arm of Canadian miner TVI Pacific Inc. has submitted to the government its Declaration of Mining Project Feasibility (DMPF), bringing it closer to operating its Balabag gold-silver project in Zamboanga del Sur.

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TVI Pacific Inc., the Canadian parent of TVI Resource Development Phils. Inc. (TVIRD), continues to pare down debt. In an announcement to the Canadian bourse, TVI said it has made a third voluntary prepayment of $6 million under the debt facility it entered into in early 2009, reducing the original principal it owes by 66 percent to $10.3 million.
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CLIFF JAMES

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                    [Title] => Zamboanga mine operator prepays debt
                    [Summary] => 
TVI Resource Development (Phils.) Inc. (TVIRD) has made a voluntary prepayment of $3.1 million under a debt facility it entered into early this year, reducing the loan principal by 10 percent to $27.0 million, the company said in a statement issued yesterday.
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abtest

TVIRD moves a step closer to operating Balabag mine

June 24, 2013 - 12:00am

The local arm of Canadian miner TVI Pacific Inc. has submitted to the government its Declaration of Mining Project Feasibility (DMPF), bringing it closer to operating its Balabag gold-silver project in Zamboanga...

Business

Mining conference slated next week

September 10, 2012 - 12:00am

Managing governance issues and focusing on transparency, environmental concerns and social responsibility will highlight this year’s Mining Philippines 2012 Conference and Exhibition.

Business

Viking Energy takes lead in SC 54A

By Neil Jerome C. Morales | June 3, 2012 - 12:00am

The consortium behind Service Contract (SC) 54A has assigned a controlling stake to a British oil exploration firm for the drilling of three wells in the northwest Palawan basin.

Business

TVIRD obtains injunction vs Zambo ban

By Marianne V. Go | January 6, 2012 - 12:00am

TVI Resource Development (Phils.), Inc. (TVIRD) has been granted a preliminary injunction against an ordinance that would ban open pit mining in Zamboanga del Norte.

Business

TVI Pacific pares down debt

By Marianne V. Go | April 10, 2010 - 12:00am

TVI Pacific Inc., the Canadian parent of TVI Resource Development Phils. Inc. (TVIRD), continues to pare down debt. In an announcement to the Canadian bourse, TVI said it has made a third voluntary prepayment...

Business

TVI Resources, DMCI unit form joint venture for mining project

By Marianne V. Go | January 13, 2010 - 12:00am

TVI Resource Development Philippines, Inc. (TVIRD) has signed a joint venture agreement with DMCI subsidiary Dacon for a $2-million project to explore TVIRD’s greater Canatuan tenement area.

Business

Zamboanga mine operator prepays debt

October 1, 2009 - 12:00am

TVI Resource Development (Phils.) Inc. (TVIRD) has made a voluntary prepayment of $3.1 million under a debt facility it entered into early this year, reducing the loan principal by 10 percent to $27.0 million, the...

Business