OceanaGold Corp T.OGC

Alternate Symbol(s): OCANF

Metals & Mining Gold

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.

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OceanaGold Corp

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Comment by Weebleon Nov 20, 2016 11:43pm

101 Views

Post# 25487952

RE:Good PR...no point in emabarassing the host government

I love it. The DENR and Duterte should get an award for inconsistency.....

21 November 2016

MEDIA RELEASE

(MELBOURNE) OceanaGold Corporation (TSX/ASX/NZX: OGC) (the “Company”) is pleased to announce that for a second consecutive year, its Didipio Mine has been awarded the Presidential Mineral Industry Environmental Award recognising its exemplary efforts in responsible mining.

Each year, the President of the Philippines, on recommendation by a selection committee co-chaired by the Secretary of the Department of Environment and Natural Resources (“DENR”), recognises mining operations that perform to the highest standards of safety, environmental and social management.

During the Philippine Mine Safety and Environment Association’s 63rd Annual National Mine Safety and Environment Association Ceremony held on November 18, 2016 in Baguio City, Luzon, the Didipio operation was also presented with additional awards in categories recognising excellence in Minerals Processing, Safety and Agroforestry.

In total, the Didipio Mine received five awards including:

• Presidential Mineral Industry Environment Award, Surface Mining Operation
• First Place – Overall Safest Surface Mining Operation
• First Place – Safest Mining Operation, Metallic Category
• First Place – Safest Mineral Processing, Concentrator Category; and,
• Third Place – Best Mining Forest, Metallic Category

Mick Wilkes, OceanaGold President and CEO said, "We are extremely proud to have Didipio recognised by the President of the Philippines as the best mining operation in the country, for a second consecutive year.”

“We thank President Duterte, the DENR Secretary and members of the sub-committee for this prestigious award and want to reiterate our commitment to what he, and members of his government, have repeatedly expressed as their desire for a responsible mining sector in the Philippines,” he added.

He went on to say, “OceanaGold is honoured by this major achievement, reflecting our unwavering commitment to operating at the highest standards in health, safety, and environment for the long term sustainable benefit of society in the Philippines. The Company is a leader for responsible mining and we firmly believe our Didipio Mine sets the benchmark for the same in the country.”