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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

Post by psych01on Feb 07, 2021 12:46pm
197 Views
Post# 32495933

Filminera B2Gold

Filminera B2GoldB2Gold is affiliated with Filminera, which I think is a Philippine entitiy that essentially owns most of the Masbate gold project.   B2 does the mining--seems a complex relationship.  Kalikasan Peoples Network opposes the operation, as it does Oeana's Didipio.
     I think the operation is near Aroroy City where communist folk (rebels and terrorists if you oppose them, heroes of the people if you're for 'em I suppose)--rebs killed two barangay officials. It's not all a bed of roses for B2.  In Africa their Fekola mine operates in even worse politics.
     Masbate Covid numbers yet to be determined, but they're probably worse than Didipio region.
Perhaps I'm a bit cynical, but if you have a gold mine up and running from which your government receives most of the money, perhaps you might keep it going no matter if a pandemic occurs. Meaning, that if Duterte had a crystal ball, knew the pandemic was coming, he might have renewed Oceana's FTAA regardless of what Kalikasan and Mining Watch Canada et al thought about it.  One good question is: how do you make a living if you have to pay to play at the rate of 60%, which seems to be a number picked out of thin air.  Obviously, there's more to the arrangements than we the plebian public will ever know.  In any even, Duterte doesn't need a crystal ball anymore, but he needs 60% and we can wonder away about when that decree will be announced.  IMO

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