OceanaGold Corporation
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OceanaGold soars on Philippines’ move to reopen Didipio
OceanaGold (TSX: OGC; ASX: OGC) closed 32% higher on the Australian Stock Exchange on Dec. 7 after announcing that the Philippine government is moving forward to finalize a long-delayed renewal of an agreement governing the company’s Didipio gold-copper underground mine.…
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MINING PEOPLE: Barrick, Defiance Silver, Equinox, Ethos Gold, First Mining, Solaris, Stone Gold
Management appointments announced this week include: Defiance Silver has announced appointments to its executive and management teams. George Cavey has joined the company as VP of exploration. Douglas Cavey is joining as VP of corporate development and as a senior…
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GOLD: OceanaGold’s Waihi PEA outlines production growth in New Zealand
NEW ZEALAND – The Waihi District preliminary economic assessment (PEA) from OceanaGold suggests an additional 2.2 million oz. of gold output from the Waihi district between 2021 and 2036. These additional ounces would be sourced from the Marth and Gladstone…
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MINING PEOPLE: Lucara, McEwen Mining, OceanaGold, Orla, Osisko, SRG
David Guerrero has been selected as the Argentine country manager for Alpha Lithium; Brad Nichol is now the company’s CEO and president. Darryl Jones has resigned as president and CEO but will remain on the company’s board. Karim Nasr is…
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GOLD: Bravada kicks off fieldwork in Nevada
NEVADA – Bravada Gold kicked off fieldwork at the Highland gold-silver project, located in the state’s Walker Lane gold trend. In a press release, the Vancouver-based miner said the first phase of the $250,000 exploration program for this year is being…
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Global Gold Snapshot: Eight companies to watch
Given the market volatility from the spread of COVID-19, the outlook for gold remains uncertain. Nevertheless, gold exploration and mine development remain important drivers of mining activity. Here are eight companies with exposure to gold and precious metals. Bear Creek…
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MINING PEOPLE: Generation Mining, Lydian, McEwen Mining, OceanaGold, Osisko Mining
Elaine Dorward-King has been appointed to the board of Bond Resources. Drew Anwyll is now COO of Generation Mining; most recently, Anwyll was senior VP of technical services, interim COO, VP of operations and mine general manager for Detour Gold.…
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GOLD: OceanaGold to produce up to 380,000 oz. in 2020
AUSTRALIA – Miner OceanaGold expects to produce 360,000 oz. to 380,000 oz. of gold this year from its three operations in New Zealand and the U.S. at all-in sustaining costs of US$1,075 to US$1,125 per oz. This is a decrease…
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MINING PEOPLE: Amerigo, Discovery Metals, Euro Manganese, Honey Badger, OceanaGold, Patagonia Gold, Rockcliff, Toromont
Amerigo Resources announced the appoitment of Aurora Davidson as president and CEO following Rob Henderson’s departure. Davidson has been with Amerigo since 2003 and was most recently the company’s executive vice president and CFO. She will continue as CFO until this role is filled.…
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GOLD: Golden Point drilling delivers new high grade for OceanaGold
Drilling at the Golden Point exploration target at the Macraes gold mine in New Zealand is intersecting high grade gold for OceanaGold. The company released results from the 2019 drill program at Golden Point, including highlights of 29 metres grading…
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OceanaGold expands exploration target at Martha in New Zealand
Since picking up the Waihi property in New Zealand from Newmont for US$100 million four years ago, OceanaGold (TSX: OCG) has extended the mine life of its Correnso underground gold mine by three years generating US$200 million of free cash flow. It…
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Local blockade halts OceanaGold’s Didipio mine in the Philippines
OceanaGold (TSX: OGC; ASX: OGC) has suspended underground mining at its Didipio gold-copper mine on the island of Luzon in the Philippines due to restraints imposed by the provincial government of Nueva Vizcaya. Local government units have impeded access to the…
