News Flash

September 03, 2015, Thursday
  • Hundreds of fishermen join the protest at the Quirino Grandstand vs. supposed restrictive provisions in Amended Fisheries Code. 6 hours ago |
  • Magnitude 6.1 earthquake jolts Sarangani. 6 hours ago |
  • DOTC Sec. Joseph Abaya eyes the awarding of the long-term maintenance contract for MRT 3 within the year. 6 hours ago |
  • Gov’t Procurement Policy Board okays the negotiated mode of procurement for P 2.2B maintenance contract for MRT 3. 6 hours ago |
  • Number of injured in Marikina road accident stands at 14. 6 hours ago |
  • PNP says 10-wheeler trucks like the one that figured in Marikina mishap are not allowed to travel in Barangka. 6 hours ago |
  • Reckless imprudence resulting in homicide & multiple injuries to be filed vs. truck driver involved in Marikina road accident. 6 hours ago |
  • Marikina PNP says cctv shows the 10-wheeler truck involved in Marikina accident was speeding at 60 kph along a curved overpass. 6 hours ago |
  • Marikina PNP identifies the driver of 10-wheeler truck involved in accident in Barangka, Marikina as Fernando Padilla. 6 hours ago |
  • Senators Enrile, Revilla & Fmr. Sen. Edgardo Angara among the respondents in a malversation case linked to PDAF. 6 hours ago |
  • Atty. Levito Baligod asks Ombudsman to probe the alleged misuse of P 500M worth of PDAF by NGOs not related to Napoles. 6 hours ago |
  • Malversation charges filed at Ombudsman vs. 20 incumbent & former lawmakers over alleged questionable use of PDAF. 7 hours ago |
  • Lack of documentary requirements cited as reason why CA did not confirm Comelec Chairman Andy Bautista’s appointment. 11 hours ago |
  • Sen. Juan Ponce Enrile blocks the confirmation of Comelec Chairman Andy Bautista at the Commission on Appointments. 11 hours ago |
  • Jose Maria Abaya surrenders in Camp Caringal, QC after the shooting incident in White Plains that resulted in a woman’s death. 11 hours ago |
  • Inquest proceedings ongoing for Jose Maria Abaya who fired his unlicensed gun at a van in White Plains, QC. 12 hours ago |
  • Victims of road accident in Barangka, Marikina taken to Amang Rodriguez Medical Center & QMMC. 12 hours ago |
  • Driver of 10-wheeler truck that figured in accident along Barangka, Marikina still pinned inside his vehicle as of Wednesday noon. 12 hours ago |
  • PNP Highway Patrol Group (HPG) to begin manning traffic flow at EDSA beginning Monday. 12 hours ago |
  • At least 2 killed as a 10-wheeler truck loses break & rams into 4 other vehicles at overpass going to Barangka in Marikina. 12 hours ago |
  • Some fishermen at Navotas Fish Post preferred to send 'protection' or financial aid to fellow fishermen protesting at Luneta. 14 hours ago |
  • Many fishermen at Navotas Fish Port did not join the 'fish holiday.' 14 hours ago |
  • Maynilad and Manila Water say rotating water supply interruptions may begin next week. 14 hours ago |
  • Maynilad & Manila Water say they will advise customers two days before they implement any 'rotating' water interruption. 14 hours ago |
  • Glitch occurs in new ticketing system that uses 'beep cards' in LRT 2 Santolan Station in Marikina City. 14 hours ago |
  • PNP says it can readily deploy at least 80 Highway Patrol Group members to take charge of traffic flow in EDSA. 14 hours ago |
  • Atty. Levito Baligod to submit to Ombudsman the affidavits of witnesses linking 20 current & past lawmakers to pork barrel scam. 14 hours ago |
  • Murder & illegal possession of firearms filed vs. Jojo Abaya who fired at a van at Katipunan Ave. in QC & killed a female passenger. 14 hours ago |
  • Woman dies as son of a ret. general fires at a van he thought was from a drug rehab center that was fetching him at Katipunan Ave. in QC. 15 hours ago |
Advertisement

TVI set to decommission Canatuan mine by end-2013

By Anna Leah E. Gonzales | Jun. 13, 2013 at 12:02am
TVI Resource Development (Philippines) Inc., the local unit of Canada’s TVI Pacific Inc., said Wednesday it will decommission its Canatuan mine by the end of this year to start an environmental rehabilitation.

Canatuan mine in Siocon, Zamboanga del Norte has yielded large deposits of gold, silver, copper and zinc for TVIRD for several years, making it one of the most profitable miners in the country. TVI began commercial operations at Canatuan mine in 2004.

TVIRD is currently wrapping up operations in Canatuan ahead of the mine’s closure, after 10 years of operation.  “Tree planting is really a basic way to address the environment. Statistically, the mine planted over 360,000 trees which is more than five times the number of trees affected by the company’s operations,” said TVIRD spokesman Kaycee Crisostomo.

TVI said it constructed a tailings impound facility that can withstand an 8.5-magnitude earthquake and can accommodate the maximum amount of rainfall that can possibly happen overnight.

“As Canatuan mine life ends, we want to make sure that the final mine rehabilitation is adequately funded. There is what we call a final mine rehabilitation plan.  It’s like a path that we want to keep until the end of mine life really comes,” Crisostomo said.

TVI teamed up with Kennemer Foods Inc. early this year for a joint agricultural agreement that aims to establish a plantation scale enterprise.

The company plans to tap about 1,600 hectares of land near the mine area and turn it into a cacao plantation.

“The mine rehabilitation fund for Canatuan is P113 million and this is to make sure that the rehabilitation programs are sustainable. The partnership is to make sure that we are able to address the immediate need for employment when the end of the mine life comes,” said Crisostomo.

TVIRD earlier asked the Environment Department to speed up the issuance of the environment compliance certificate for its Balabag project in Bayog, Zamboanga del Norte.

TVIRD is the first company to secure a mining license since the enactment of the Philippine Mining Act of 1995.
COMMENT DISCLAIMER: Reader comments posted on this Web site are not in any way endorsed by MST.ph. Comments are views by manilastandardtoday.com readers who exercise their right to free expression and they do not necessarily represent or reflect the position or viewpoint of manilastandardtoday.com. While reserving this publication’s right to delete comments that are deemed offensive, indecent or inconsistent with MST.ph editorial standards, MST.ph may not be held liable for any false information posted by readers in this comments section
comments powered by Disqus

In This Category

Want Updates?

Be the first to know on what is latest from MST.ph, simply enter your email below to get started. We don’t spam dont worry!

Advertisement