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TVI's 30.66% owned TVIRD Receives Confirmation of Passing DENR's Audit of Agata
TVI's 30.66% owned TVIRD Receives Confirmation of Passing DENR's Audit of Agata Ca...
About this update from Tvi Pacific Inc.
[{"type":"text","content":"\n\n\n\nTVI's 30.66% owned TVIRD Receives Confirmation of Passing DENR's Audit of Agata\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nCALGARY, Feb. 2, 2017\n\n\n\nTSX-V: TVI  OTC Pink: TVIPF     \n\n\n\nCALGARY, Feb. 2, 2017 /CNW/ - TVI Pacific Inc. (TSX-V: TVI) (OTC Pink: TVIPF) (\"TVI\" or \"the Company\") announces that Agata Mining Ventures Incorporated (\"AMVI\"), a company in which TVI's 30.66% owned TVI Resource Development (Phils.), Inc. (\"TVIRD\") holds a 60% interest and is the operator of the Agata nickel laterite mine in Northern Mindanao, Philippines, is among 12 mining companies that have passed an audit performed by the Philippine Department of Environment and Natural Resources (\"DENR\").   \n\nIn an announcement made by the DENR on February 2, 2017, it was learned that AMVI shall be allowed to continue their operations together with 11 other mining companies. A further 21 mining companies shall be closed while another 6 mining companies are suspended. The closure and current suspension of some of the 27 mining companies will cause the production of a significant amount of nickel direct shipping ore (\"DSO\") in the Philippines to cease.     \n\n\"TVIRD is proud to be among those companies recognized by the DENR to be operating in accordance with the highest environmental and social standards upon which they have based their audit. TVIRD considers it a priority to respect the environment and the communities in which they operate and our efforts have been consistently recognized by industry regulatory bodies, including the DENR,\" stated Cliff James, Chairman and CEO of TVI and Chairman of TVIRD. \"Operations at Agata have continued uninterrupted but with resolution of the audit TVIRD may now set its focus through AMVI on another successful year.\" \n\nAMVI's Agata operation was the first Philippine mining operation to be awarded the Titanium Award at the Presidential Mineral Industry and Environmental Awards Ceremony in November 2015 after just one year in operatio...