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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 DirkStHouseon May 14, 2020 7:45am
134 Views
Post# 31026316

The Role of Large-Scale Metallic Mineral Development in the

The Role of Large-Scale Metallic Mineral Development in the

link to article

positive article on mining found in my twitter feed.
I found this p[art intresting ; ( I am assuming we already pay this )

A unique feature of mining laws in the Philippines is the mandated Social Development Management Programs (SDMP), where 1.5% of operating costs are allocated to social programs. For the past five years, the industry spent Php2.8 billion on SDMP. 

·       Another unique feature of our laws is the requirement to obtain the Free and Prior Informed Consent of Indigenous Peoples (IPs) where ancestral lands/domains exists, and if so obtained, to provide compensation primarily in the form of a 1% Royalty of gross revenues. For the past five years, the industry spent over Php1.0 billion in Royalties to IPs. IP communities are as well entitled to a share of SDMP funds.


Bullboard Posts