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MELBOURNE, March 14, 2018 /CNW/ - OceanaGold Corporation
(TSX/ASX: OGC) (the "Company") is pleased to announce the appointment of Dr. Nora Scheinkestel to the Board of Directors
(the "Board") as a Non-Executive Director, effective 1 April 2018.
Jim Askew, Chairman of the Board said, "We are delighted to welcome Dr. Scheinkestel to the
Board of Directors at OceanaGold. She brings extensive experience in commercial banking and metallic mining and will be a valued
addition to the Board."
Dr. Scheinkestel is an experienced Company Director, serving for over 25 years as a Non-Executive Chairman and Director of
companies across a wide range of private and public sectors, including significant resource sector experience, having served as a
Non-Executive Director of North Ltd, Newcrest Ltd and Orica Ltd between 1996 and 2015.
Dr. Scheinkestel is currently the Chairman of Macquarie Atlas Roads Limited, Macquarie Atlas Roads International Limited,
Telstra Corporation Limited and Ausnet Services Ltd. She is stepping down as a Director of the Stockland Group on 20 March 2018. She is also a Trustee of the Arts Centre Trust.
In addition, Dr. Scheinkestel has held international senior executive roles in project financing responsible for the
development of major mining and infrastructure projects across Australasia and South East Asia. She is also a former member
of the Australian Takeovers Panel and in 2003, was awarded a centenary medal for services to Australian Society in Business
Leadership.
Dr. Scheinkestel has a Bachelor of Law and a Doctorate from the University of Melbourne and is
currently an Associate Professor within the Melbourne Business School.
About OceanaGold
OceanaGold Corporation is a mid-tier, high-margin, multinational gold producer with assets located in the Philippines, New Zealand and the United
States. The Company's assets encompass the Didipio Gold-Copper Mine located on the island of Luzon in the Philippines. On the North Island of New Zealand, the Company operates
the high-grade Waihi Gold Mine while on the South Island of New Zealand, the Company operates
the largest gold mine in the country at the Macraes Goldfield which is made up of a series of open pit mines and the Frasers
underground mine. In the United States, the Company operates the Haile Gold Mine, a top-tier,
long-life, high-margin asset located in South Carolina. OceanaGold also has a significant
pipeline of organic growth and exploration opportunities in the Americas and Asia-Pacific
regions.
OceanaGold has operated sustainably over the past 27 years with a proven track-record for environmental management and
community and social engagement. The Company has a strong social license to operate and works collaboratively with its valued
stakeholders to identify and invest in social programs that are designed to build capacity and not dependency.
In 2018, the Company expects to produce 480,000 to 530,000 ounces of gold and 15,000 to 16,000 tonnes of copper with All-In
Sustaining Costs that range from $725 to $775 per ounce sold.
SOURCE OceanaGold Corporation
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