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 ERTguyon Jul 21, 2017 4:39pm

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Post# 26496696

RE:Phillipines plans new law for mining

This explains the weakness today. I bought back in yesterday as this is looking really cheap and in the early stages of reversal. However if the phillipines are signalling higher tax then I think the ban is set to be lifted here right away. I can't see how they can impose much higher tax than they already do. Either way this stock is cheap in the current price range. Hopefully the politics improve in the near and medium term

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Rig Count Soars as Utilization Surpasses Industry Averages