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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

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Post by DirkStHouseon Oct 18, 2020 5:27pm
138 Views
Post# 31736589

more power for duterte

more power for duterteHouse approves bill granting Duterte anti-red tape powers
( not sure what red-tape means )

MANILA – The House of Representatives has approved on third and final reading a measure granting President Rodrigo Duterte anti-red tape powers during national emergencies.

With 267 affirmative votes, six negative votes and no abstention, the chamber approved House Bill No. 7884 that would grant Duterte the authority to expedite processing and issuance of national and local permits, licenses and certifications.

The measure aims to accelerate the country’s socio-economic recovery and ensure an effective government response to the current health crisis brought about by the coronavirus pandemic.

The bill covers all agencies of the Executive branch, including departments, bureaus, offices, commissions, boards, councils, government instrumentalities, and government-owned and controlled corporations.

 

“One of the strategic measures is to reduce transaction costs in all government agencies and provide efficient delivery of its services while maintaining integrity and accountability in government service and the promotion of transparency in the transactions of the government with the public, encompassing a program for the adoption of simplified requirements and procedures,” it said.

The bill will let the President suspend or waive requirements in securing such permits, licenses, clearances, certifications, or authorizations.

Moreover, the country’s chief executive will now have the power to suspend or remove any government official or employee performing acts contrary to the measure consistent with Article VII Sections 1 and 17 of the Constitution, the Revised Administrative Code, other existing laws, and jurisprudence.

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