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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

Comment by Esther1on May 27, 2021 8:12pm
102 Views
Post# 33283544

RE:Re:RE:Re: Re:RE:Didipio prediction

RE:Re:RE:Re: Re:RE:Didipio prediction
psych01 wrote: E.  I realize other operations, B2Gold etc. are operating.  But Oceana's FTAA fiasco has been ultra controversial to say the least. Remember, Governor Padilla was taken to El Salvador by Robin Broad and her band of Marxist mine haters, to see the demise of gold mining in that country, Oceana's pending operations there included.  Didipio's death, with Padilla in the lead was to be the next notch in their belt--the beginning of the end of large scale mining in the Philippines.
      Signing the FTAA, which is now in Duterte's Office, is no rubber stamp even though Dept. of mines etc. have given their approval.  Nuevo Vizcaya is an eco tourism destination--a serious consideration for Duterte as he ponders when to sign, for I still believe it's 'when' not 'if'. If he were to give Oceana the nod, and not open up the economy generally, serious unrest could ensue.  So I believe that the FTAA will be signed when Duterte sees Covid more under control in general.  Right now they have vaccinated under 5,000,000 in a population of about 100,000,000 plus.  
       Or, as we hope, he could care less about social unrest and more about money, tells Padilla to get over it and signs.  IMO


The point is, Duterte can give the approval based on any conditions, ie when the economy fully opens, or when people of that area are 50 per cent vaccinated or when Martians land. That way OGC can plan for the restart. Covid gives Duterte an opportunity to grant the FTAA not the other way around. We all know the political and environmental considerations.
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