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首页> 外文期刊>Mining Engineering >Echo Bay Mines acquires interest in Philippines mining company
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Echo Bay Mines acquires interest in Philippines mining company

机译:回声湾矿业收购了菲律宾矿业公司的权益

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摘要

Echo Bay Mines paid 5 million C dollars to acquire a 8.9 percent interest in the Philippines' TVI Pacific mining company. The acquisitin is part of a strategic alliance and joint venture through which Echo Bay may acquire 50 percent of TVI's interests in several gold properties in the TVI is currently exploring 15 projects in the Philippines that total more than 10,000 km~2 (2.47 million acres). TVI will explore and develop these and other projects through the prefeasibility stage. Echo Bay can acquire a 50 percent interest in any or all of TVI's current and future properties except for two present projects, Canatuan and Rapu Rapu. Echo Bay can also become the operator of the projects and develop them from feasibility through commercial production. To exercise its option, Echo Bay will make a cash contribution to the property joint venture equal to that already spent on that property. The company will also make a cash payment to TVI equal to 50 percent of that amount.
机译:Echo Bay矿业公司以500万加元的价格收购了菲律宾TVI Pacific矿业公司8.9%的股份。此次收购是战略联盟和合资企业的一部分,通过该收购,Echo Bay可以收购TVI在TVI几处黄金资产中50%的权益,目前正在菲律宾勘探15个项目,总面积超过10,000 km〜2(247万英亩) 。 TVI将在预可行性阶段探索和开发这些项目和其他项目。除两个现有项目Canatuan和Rapu Rapu之外,Echo Bay可以收购TVI当前和未来财产的任何或全部50%的权益。 Echo Bay也可以成为项目的运营商,并从可行性到商业化生产进行开发。为了行使其选择权,Echo Bay将向该合资企业提供相当于该物业已花费现金的现金。该公司还将向TVI支付相当于该金额50%的现金。

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