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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
Comment by Elvis436on Nov 18, 2019 5:29pm
102 Views
Post# 30366995

RE:RE:FIPC

RE:RE:FIPCHere is the Wikipedia definition of FPIC:

https://en.m.wikipedia.org/wiki/Free,_prior_and_informed_consent

It is mentioned that  t h e  s t a t e  has the duty to perform the FPIC procedure before any project they give FTAA begins, with a timelag prior to any start of a project, so that the indigenous people have the possibility to draw their decision properly in advance.

Because it's the duty of the government, a lack of FPIC is a breach of duty of the government. They are to blame for it, and not the company which got a FTAA. It's turning things upside down ex post facto, now to commit OGC providing the FPIC which always has been the duty of the government.

According to my point of view the government of the Philippines is liable for damages now if they refuse the FTAA renewal because of missing FPIC.

Bullboard Posts