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OceanaGold Corp T.OGC

Alternate Symbol(s):  OCANF

OceanaGold Corporation is an intermediate gold and copper producer. It has a portfolio of four operating mines: the Haile Gold Mine in the United States of America; Didipio Mine in the Philippines; and the Macraes and Waihi operations in New Zealand. The gold, copper, and silver it produces are essential to the renewable energy and transport sectors, life-saving medical devices and technology which connects communities around the world. The Didipio gold and copper mine is in Luzon, Philippines. It produces gold and silver as dore bars and copper in concentrate. The Macraes Operation on the South Island of New Zealand is an active gold producing mine. The operation includes a large-scale surface mine, an underground mine, and an adjacent process plant inclusive of an autoclave for pressure oxidation of the ore. Its Waihi Operation in the North Island of New Zealand is an underground operation. The Haile Gold Mine, located in Kershaw, South Carolina, is a gold mine on the East Coast.


TSX:OGC - Post by User

Bullboard Posts
Post by Weebleon Sep 28, 2016 7:35pm
142 Views
Post# 25288463

The back-pedaling begins.

The back-pedaling begins.The DENR have handled this very poorly.   My question is this.   Was it intentional?

https://newsinfo.inquirer.net/820160/mining-industry-complaints-legit-diokno-admits

https://www.manilatimes.net/mining-lobby-denr-suspension-pronouncements-premature/288468/

The government is being incredibly reckless and stupid.   Companies like Oceanagold are exactly what they need.   The Philippines is a relatively poor country with 100 million people.   I have been to probably 40 different countries and the ones with the worst environment are always the poorest.    Yet the environmentalists and special interest groups think an economy can be powered with unicorns and butterfly wings.   They better be careful because they will end up with more of the following and my bet is these miners don't pay taxes or royalties.

https://news.asiaone.com/News/AsiaOne+News/Asia/Story/A1Story20120116-322119.html

https://www.citizen.co.za/1298886/the-deadly-reality-of-illegal-mining/
Bullboard Posts