Horngren’s Cost Accounting A Managerial Emphasis, Canadian 9th edition soluti...
PGMC
1. PLATINUM GROUP METALS CORPORATION (PGMC) WEBSITE CONTENTS
2. BEGINNINGS PGMC is a Filipino company that was organized in 1983 (originally as Caschrome Corporation). The company is engaged in the exploration, mine development, processing and marketing of nickel ore and value-added products for the international market. Our company is considered one of the country’s flagship projects and was granted pioneer status by the Philippine Board of Investments with corresponding incentives granted to it.
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4. WE CARE FOR OUR ENVIRONMENT AND COMMUNITY We are, therefore, committed to being responsible miners, developing and implementing programs that protect and restore the environment that include reforestation and re-vegetation; construction of pollution-control structures like siltation ponds and dams; coastal resource protection particularly of the marine sanctuary and mangroves; and, slope stabilization. We aim for a strong partnership with the local government in pursuing our commitment to enhance the quality of life of the members of our community. We provide employment and livelihood opportunities to members of our community, building their skills for work and entrepreneurship. Infrastructure and economic and social programs are provided that benefit the entire community physically, mentally and spiritually,
6. MANAGEMENT The management team consists of Filipino and Chinese business professionals with combined 125 years of experience in mining, exploration, smelting and marketing operations
7. MANAGEMENT TEAM L-R (Joseph C. Sy – EVP Marketing & Finance, Ramon R. Atayde – Vice Chairman, Lin Ou Wen - Chairman, Rafael M. Atayde - President) L-R (Senggay Chan – Business Consultant, Peter Lin Hui - Director, John Justin H. Cabarrus – SVP Project Dev’t/Marketing Non China Group, Lin Zhing - Director, Atty. Ceferino Paredes - Director, Atty. Dante R. Bravo – SVP Finance & Legal, Susan A. Kalalo – SVP Mine Operations Service Group)
16. THE SURIGAO MINE Production and export of nickel ore from our Surigao mine have continuously increased. From a volume of less than 500,000 metric tons in 2007, our volume has grown to 3.8 million metric tons in 2010 or an increase of over 500% in just a period of three years. For 2011, our target is to produce and export 5.0-6.0 million metric tons for 2011 with, with exports of high grade ore being given priority.
17. THE SURIGAO MINE: GROWTH IN NICKEL ORE SHIPMENT Close to US$200M in revenues. US$64M in revenues.
