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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 Oct 12, 2020 2:36pm
166 Views
Post# 31704637

good and bad

good and bad
Gov’t rejects Oceanagold’s plea to transport remaining ore from suspended mine

the good in bold, more to read in link. Didn't know there was more ore to ship.....

In his letter to OGPI General Manager David Way, MGB Regional Director Mario Ancheta said the issuance of Ore Transport Permit (OTP) to the mining firm must “be held in abeyance until such time the renewal of the FTAA [Financial and Technical Assistance Agreement] is granted” to the company.

This, or if there is already an executive agreement between the Local Government Unit (LGU) and the company that the delivery will be allowed to pass in the established checkpoints and “ensure no untoward incident will happen”.

OGPI made the request after the Sangguniang Bayan (SB) of Kasibu municipality issued a resolution of no-objection to the application for the said OTP.


Bullboard Posts