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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 Jun 30, 2020 11:23am
199 Views
Post# 31207740

soon sounds good, let's hope we are in there

soon sounds good, let's hope we are in theresource : DENR reviewing if suspended mining firms may resume operations soon

The Department of Environment and Natural Resources (DENR) is currently reviewing and validating if suspended mining companies have complied with regulations to see if they may now resume operations and provide employment. 

 

This is one of the measures the agency is taking to push for “green economic recovery” amid the coronavirus disease 2019 (COVID-19) pandemic. 

 

Speaking in a virtual roundtable discussion, Environment Undersecretary Juan Miguel Cuna said the department is also already facilitating the declaration of “minahang bayan” in different provinces “where small scale miners will be allowed to operate legally and generate income while enabling the government to monitor and regulate their extractive activities.” 

 

“For large scale mining companies, there are companies which have been suspended for quite a while and we are actually fast tracking already the review, the assessment and validation of these companies to determine if they are now compliant and will be eligible to resume operations to provide the much needed employment and revenue for both the national and local government,” Cuna said in the virtual roundtable discussion on the path to a green economic recovery post pandemic held by the Stratbase ADR Institute and Philippine Business For Environmental Stewardship (PBEST).

Bullboard Posts