OceanaGold Corp T.OGC

Alternate Symbol(s): OCANF

Metals & Mining Gold

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.

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OceanaGold Corp

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Post by Elvis436on Jul 16, 2021 2:11pm

202 Views

Post# 33560493

why investors hesitate?

"Environmental group Kalikasan, in a statement, said Mr. Duterte, through his decision, “condemned the people of Nueva Vizcaya to 25 more years of water depletion, agricultural losses, and human rights violations.”

It added that it would challenge the franchise renewal in court, along with other allied groups and people’s organizations."

OGC had the FTAA since 1994 and couldn't use it because of reasons like above until 2013. Investors now wait until Didipio really restarts operations.