Presentation is loading. Please wait.

Presentation is loading. Please wait.

Green is the New Gold. UP 49ers. Legacy. Excellence. Virtuosity. YULO PEREZ Vice President, Philippine Operations TVI Resource Development (Phils.), Inc.

Similar presentations


Presentation on theme: "Green is the New Gold. UP 49ers. Legacy. Excellence. Virtuosity. YULO PEREZ Vice President, Philippine Operations TVI Resource Development (Phils.), Inc."— Presentation transcript:

1 Green is the New Gold. UP 49ers. Legacy. Excellence. Virtuosity. YULO PEREZ Vice President, Philippine Operations TVI Resource Development (Phils.), Inc. YULO PEREZ Vice President, Philippine Operations TVI Resource Development (Phils.), Inc.

2 This is an honor.

3 Kudos, best wishes! TVI RESOURCE DEVELOPMENT (PHILS.), INC.

4 I will do my darn best. Genius without education is like gold in the mine. Genius without education is like gold in the mine.

5 Outline California Gold Rush, 1849 Who we are: TVIRD What have remained, what have changed California Gold Rush, 1849 Who we are: TVIRD What have remained, what have changed

6 The American Dream Pre-1849: to achievecompetency Industriousness. Prudence. Frugality.

7 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

8 Go West!

9 The American Dream Post-1849: to escape from wage slavery Swashbuckling enterprise and good fortune.

10 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.

11 Who 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.

12 Who 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.

13 Who 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.

14 We take (and manage)risks. Entered Canatuan while plagued with illegal small-scale mining Offered better alternative to IPs, national govt, 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 govt, and small- scale miners in managing the resource Implemented year-long cleanup of pollution left by small-scale mining Relocated small-scale miners

15 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.

16 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

17 Triple Bottom Line 49ers = PROFIT 94ers = PROFIT, PEOPLE, PLANET

18 Triple Bottom Line: PROFIT August 2009 Highlights AugustYear-to-date Production (tonnes per day - tpd) 198124 Throughput (tpd) 1,8041,228 Copper recovery (%) 91.580.4 Average cash cost per Cu lb eq produced (US$) 0.470.61

19 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

20 Gold Rush Toll Californias Indian population dwindles to 1/5 of pre-1849 size Thousands die of diseases, displaced, enslaved, or killed 4,000 children sold Californias Indian population dwindles to 1/5 of pre-1849 size Thousands die of diseases, displaced, enslaved, or killed 4,000 children sold

21 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

22 Triple Bottom Line: PEOPLE Health & Sanitation Sustainable Livelihood Responsive Education Infrastructure QUADRANTS OF DEVELOPMENT

23 Gold 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

24 Triple Bottom Line: PLANET Tailings Management Tailings Management Gossan DamSulphide Dam

25 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

26 Beyond Canatuan

27 Transparency, Open Door Policy

28 Never lose the lessons of 1849…

29 And you will reap the rewards…

30 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

31 Maraming salamat po.


Download ppt "Green is the New Gold. UP 49ers. Legacy. Excellence. Virtuosity. YULO PEREZ Vice President, Philippine Operations TVI Resource Development (Phils.), Inc."

Similar presentations


Ads by Google