Asset report

Canatuan zinc mine

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Report summary

In November 2011, the Provincial Board of the Province of Zamboanga del Norte passed an Ordinance to Protect and Conserve the Integrity of Land and Water Resource, effectively banning open pit mining. Canatuan, an existing open pit operation, was given one year to November 2012 to operate before beginning closure and rehabilitation. However, TVI filed a series of legal actions to prevent implementation of Ordinance. In January 2012, TVI was granted a preliminary injunction against the...

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    Canatuan zinc mine

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