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Gold/Mining/Energy : TVI Pacific TVI (TSE) -- Ignore unavailable to you. Want to Upgrade?


To: Kitskid who wrote (133)10/20/1999 7:34:00 AM
From: Buckey  Respond to of 152
 
NO - Just sounds like pay for hire treehuggers that have no vested interest in the area.

That particular typoe of protesting is shameless - Like the seal loving doped up movie stars condemming the newfoundland seal hunt that have never set foot in newfie to see the poverty that once was so common there - The Oil biz has helped immensely BTW.

I do not know that much about this particular protest other than the data in the NR. Evberyone gets all up in arms about low paying jobs to indigent peoples - Not factoring in that these jobs actually help[ to improve their economies. Remember 20 years ago when all the trinkets and trask had "made in Japan" stamped on them. Well that is not the case anymore - Japan has gone way past that and those tronkets and trash are made in China, Taiwan, Thailand etc,
Enough already.



To: Kitskid who wrote (133)10/20/1999 7:43:00 AM
From: Buckey  Read Replies (1) | Respond to of 152
 
Nation Post Picked up the story - Excellente

TVI Pacific Inc -

NP says TVI expects to win another restraining order

TVI Pacific Inc
TVI
Shares issued 107,529,821
1999-10-19 close $0.07
Wednesday Oct 20 1999
The National Post reports in its Wednesday edition that Calgary junior TVI
Pacific Inc. is taking its fight against protestors plaguing a remote Philippines
mining project back to court this week. In the next few days, TVI expects a
regional municipal court to grant the exploration company a temporary restraining
order barring demonstrators from the Canatuan site on the island of Mindanao in
the southern Philippines. It will be the company's third order in as many months to
remove protestors. The exploration property has been the target of protests since
TVI acquired the site in 1994. Some members of the local indigenous group, the
Subanen, claim to have ancestral rights to the 500-hectare site. Meanwhile,
small-scale miners who have worked on the property for the past 15 years claim
to have squatting rights. The two groups have won the support of local church
leaders and a coalition of environmental groups, including industry watchdog
MiningWatch Canada of Ottawa. At stake is the proposed development of a
mixed metals deposit containing copper, zinc, silver and gold. To date, TVI has
invested about $17-million exploring the property and building a processing plant.



To: Kitskid who wrote (133)10/20/1999 11:26:00 PM
From: Kitskid  Respond to of 152
 
nationalpost.com
-

Wednesday, October 20, 1999
TVI expects victory in land dispute
Protesters laying claim to exploration site
Keith Damsell Financial Post
-
About 50 protesters remain on the exploration site controlled by TVI Pacific of Calgary.
-
Calgary junior TVI Pacific Inc. is taking its fight against protesters plaguing a remote Philippines mining project back to court this week. In the next few days, TVI expects a regional municipal court to grant the exploration company a temporary restraining order barring demonstrators from the Canatuan site on the island of Mindanao in the southern Philippines. It will be the company's third court order in as many months to remove protesters. "This is a crazy situation," said Clifford James, TVI president, chief executive, and chairman. "We don't want any violence and we don't want any confrontation." The exploration property has been the target of protests since TVI acquired the site in 1994. Some members of the local indigenous group, the Subanen, claim to have ancestral rights to the 500-hectare site. Meanwhile, small-scale miners who have worked the property for the past 15 years claim to have squatting rights. The two groups have won the support of local church leaders and a coalition of environmental groups, including industry watchdog MiningWatch Canada of Ottawa. At stake is the proposed development of a mixed metals deposit containing copper, zinc, silver, and gold. To date, TVI has invested about $17-million exploring the property and building a processing plant. In June, TVI signed a letter of intent with two undisclosed Japanese partners to develop the $18.5-million (US) Canatuan project. Under the terms of the deal, the Japanese will earn a 40% interest by providing 75% of financing. TVI hopes to begin commercial production early next year. Despite TVI receiving government approval and permits, demonstrators formed a human blockade on the property in August and September. Environmentalists allege TVI's armed security have harassed protesters and claim a company roadblock has restricted food from reaching demonstrators. About 50 protesters remain on the site. "This is our land. We have always lived here," said Osino Mato, secretary of the Siocon Subanen Association Inc. Allegations of intimidation are "utterly false," said Mr. James. A small minority of locals are opposed to TVI's exploration work because they wish to take advantage of the company's infrastructure on the site, he said. Earlier this month, an independent report by the National Commission of Indigenous Peoples of Western Mindanao failed to uncover any human rights abuses committed against demonstrators.