Green is the New Gold. UP 49ers. Legacy. Excellence. Virtuosity. YULO PEREZ Vice President, Philippine Operations TVI Resource Development (Phils.), Inc.
Mar 31, 2015
Green is the New Gold. UP 49ers.
Legacy. Excellence. Virtuosity.
Green is the New Gold. UP 49ers.
Legacy. Excellence. Virtuosity.
YULO PEREZVice President, Philippine Operations
TVI Resource Development (Phils.), Inc.
YULO PEREZVice President, Philippine Operations
TVI Resource Development (Phils.), Inc.
This is an honor.This is an honor.
Kudos, best wishes!Kudos, best wishes!
TVI RESOURCE DEVELOPMENT (PHILS.), INC.
I will do my darn best.I will do my darn best.
Genius without education is like gold in the mine.
Genius without education is like gold in the mine.
OutlineOutline
California Gold Rush, 1849Who we are: TVIRDWhat have remained, what have
changed
California Gold Rush, 1849Who we are: TVIRDWhat have remained, what have
changed
The American DreamThe American Dream
Pre-1849: to achieve“competency”Pre-1849: to achieve“competency”
Industriousness. Prudence. Frugality.
But the dream turns to nightmare…But the dream turns to nightmare…
Rapid population growth
Rising land costs
Rapid population growth
Rising land costs
Industrial revolution Expansion of banking
and cash economy…
Industrial revolution Expansion of banking
and cash economy…
…made farmers dependent on the market
Go West!Go West!
The American DreamThe American Dream
Post-1849: to escape from wage slaveryPost-1849: to escape from wage slavery
Swashbuckling enterprise and good fortune.
Legacy Legacy
California presented to people a new
model for the American dream –
one where the emphasis was on the ability to take
risks, the willingness to gamble on the
future.
California presented to people a new
model for the American dream –
one where the emphasis was on the ability to take
risks, the willingness to gamble on the
future.
Who we areWho we are
Affiliate of TVI Pacific Inc (TSX:TVI)
Operator of Canatuan Gold-Copper Project, Siocon, Zamboanga del Norte
Signatory to Mineral Production Sharing Agreement (MPSA) with
Philippine government
Affiliate of TVI Pacific Inc (TSX:TVI)
Operator of Canatuan Gold-Copper Project, Siocon, Zamboanga del Norte
Signatory to Mineral Production Sharing Agreement (MPSA) with
Philippine government
TVI Resource Development (Phils.), Inc.
Who we areWho we are
Began producing gold and silver in mid-2004
First foreign-invested mine to reach production stage after the passage of the Philippine Mining Act of 1995
508-hectare mining concession within Siocon Subanon ancestral domain
Produced total of 140K oz of gold from 2005 to 2008
Began producing gold and silver in mid-2004
First foreign-invested mine to reach production stage after the passage of the Philippine Mining Act of 1995
508-hectare mining concession within Siocon Subanon ancestral domain
Produced total of 140K oz of gold from 2005 to 2008
TVI Resource Development (Phils.), Inc.
Who we areWho we are
Began constructing copper-zinc facilities in June 2008
Started commissioning in November 2008
Made first copper concentrate shipment in March 2009
Completed sixth shipment in August 2009 (total of 30K dmt)
Began constructing copper-zinc facilities in June 2008
Started commissioning in November 2008
Made first copper concentrate shipment in March 2009
Completed sixth shipment in August 2009 (total of 30K dmt)
TVI Resource Development (Phils.), Inc.
We take (and manage)risks.
We take (and manage)risks.
Entered Canatuan while plagued with illegal small-scale mining
Offered better alternative to IPs, national gov’t, and small-scale miners in managing the resource
Implemented year-long cleanup of pollution left by small-scale mining
Relocated small-scale miners
Entered Canatuan while plagued with illegal small-scale mining
Offered better alternative to IPs, national gov’t, and small-scale miners in managing the resource
Implemented year-long cleanup of pollution left by small-scale mining
Relocated small-scale miners
We are a partner in progress.
We are a partner in progress.
Peace and security in plant and community manned by mostly Subanon security force.
IPs have many good reasons to secure Canatuan: royalty, employment, education, infrastructure, medical care, livelihood.
Peace and security in plant and community manned by mostly Subanon security force.
IPs have many good reasons to secure Canatuan: royalty, employment, education, infrastructure, medical care, livelihood.
Thrift. Prudence.Industriousness.Thrift. Prudence.Industriousness.
Obtained US$30.1 million financing for Copper-Zinc Project despite credit crunch on account of good reputation built on operational expertise gained in Gold-Silver Project
Completed construction in just 6 months -- within time and under budget!
Made 1st shipment only 10 months after start of construction activities!
7th shipment next week
Obtained US$30.1 million financing for Copper-Zinc Project despite credit crunch on account of good reputation built on operational expertise gained in Gold-Silver Project
Completed construction in just 6 months -- within time and under budget!
Made 1st shipment only 10 months after start of construction activities!
7th shipment next week
Triple Bottom LineTriple Bottom Line
49ers = PROFIT
94ers = PROFIT, PEOPLE, PLANET
Triple Bottom Line:PROFIT
Triple Bottom Line:PROFIT
August 2009Highlights
August Year-to-date
Production (tonnes per day - tpd)
198 124
Throughput (tpd)
1,804 1,228
Copper recovery(%)
91.5 80.4
Average cash cost per Cu lb eq produced (US$)
0.47 0.61
Triple Bottom Line:PROFIT
Triple Bottom Line:PROFIT
Improved cash position enables TVIRD to execute portion of growth plans:
Zinc Circuit Power Line Exploration of near
mine tenements
Improved cash position enables TVIRD to execute portion of growth plans:
Zinc Circuit Power Line Exploration of near
mine tenements
Gold Rush TollGold Rush Toll
California’s Indian population dwindles to 1/5 of pre-1849 size
Thousands die of diseases, displaced, enslaved, or killed
4,000 children sold
California’s Indian population dwindles to 1/5 of pre-1849 size
Thousands die of diseases, displaced, enslaved, or killed
4,000 children sold
Triple Bottom Line:PEOPLE
Triple Bottom Line:PEOPLE
Subanon population
doubles Improved houses in
settlement areas within their homeland
All have access to clinic Children go to school Adults undergo
livelihood training, have access to microfinancing
Subanon population
doubles Improved houses in
settlement areas within their homeland
All have access to clinic Children go to school Adults undergo
livelihood training, have access to microfinancing
Triple Bottom Line:PEOPLE
Triple Bottom Line:PEOPLE
Health &Sanitation
SustainableLivelihood
Responsive Education
Infrastructure
QUADRANTS OF DEVELOPMENT
Gold Rush TollGold Rush Toll
12,000 billion tons of earth dug up
Rivers excavated and hillsides blasted
Mercury used to extract gold from ore; 7,600 tons of toxic chemicals spill into rivers and lakes
12,000 billion tons of earth dug up
Rivers excavated and hillsides blasted
Mercury used to extract gold from ore; 7,600 tons of toxic chemicals spill into rivers and lakes
Triple Bottom Line:PLANET
Triple Bottom Line:PLANET
Tailings Management Tailings Management
Gossan Dam Sulphide Dam
Triple Bottom Line:PLANET
Triple Bottom Line:PLANET
Soil Loss and Erosion
Management Reclamation and
Rehabilitation Water Quality
Monitoring
Soil Loss and Erosion
Management Reclamation and
Rehabilitation Water Quality
Monitoring
Beyond CanatuanBeyond Canatuan
Transparency,Open Door Policy
Transparency,Open Door Policy
Never lose the lessons of 1849…Never lose the
lessons of 1849…
And you will reap the rewards…
And you will reap the rewards…
The 49ers’ Spirit lives!The 49ers’ Spirit lives!
“To look backward for a while is to refresh the eye, to restore it, and to render it the more fit for its prime function of looking forward.”
- Margaret Fairless Barber
Maraming salamat po.Maraming salamat po.