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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 May 30, 2021 10:24pm
157 Views
Post# 33294848

Re:RE:RE:Philippines political situation

Re:RE:RE:Philippines political situationRGuru--your guess, which is what it is, is as good as mine or anyone else's. There is still much resistance in the seeming endless list of indigenous anti mining groups. Click around using the executive order and FTAA Oceana and you'll see group after group opposed.  That's part of the holdup--that and Covid still rampant in Philippines.  Duterte has had sole authority to sign since receiving it through legislation a number of months ago; then he has order 130, then he has all other Depts. already giving the OK.  
        Duterte is a politician, angry indigenous groups are a present reality, covid is a present reality, and he's simply formulating a strategy as to how to announce the FTAA with as little social turmoil as possible.  Police and military will have to be in place as operations resume, but as time passes, local economy (jobs) improve, things will settle down to normal imho.  IMO
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