Bits and Snippets of the Philippines

Basic Reading of Global Filipinos

Archive for July 2012

Canadian Mining Companies Invest in Philippines

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Small-scale gold mining in the Philippines

TVI Pacific Inc. and Mindoro Resources Ltd. announced the signing of an agreement on TVI’s strategic private placement in Mindoro as well as the possibility of a joint venture over the Agata nickel project in Surigao del Norte and Pan de Azucar project in Iloilo. Both Canadian mining groups are focused on gold, copper and nickel production and exploration in the Philippines.

TVI said under the agreement, it would infuse C$3.15 million in Mindoro Resources Ltd. and would have the exclusive right or option to enter into joint venture arrangements with Mindoro with respect to Agata and Pan de Azucar projects. TVI said under the agreement, it would advance a bridge loan of C$968,969 pursuant to a limited security promissory note.

Read more at Manila Standard Today

Photo by getolympus at Flickr.com

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Malacañang Palace Goes Tumblr

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Whoa! Tumblr.com? Actually, it’s a nice, simple browse along memory lane as the microblogging site depicts the history of Malacañang Palace and the Philippine Presidents that came and went.

Source: tumblr.malacanang.gov.ph

Image from tumblr.malacanang.gov.ph

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Written by Raffy Pekson II

July 1, 2012 at 2:00 am