OceanaGold announces award of open pit mining contract
March 5th, 2008
Filed under: Mine - Didipio, Mineral - Copper, Mineral - Gold, Operator - Leighton Contractors, Operator - OceanaGold
(Philippines) has been awarded the open-cut mining contract for the Didipio Gold-Copper project in Luzon, Philippines.
Leighton Contractors (Philippines), a division of Leighton Asia, has been engaged to undertake the open-cut mining and related site earthworks, a project valued at $54 million. Leighton Contractors (Philippines) is also the preferred contractor to undertake construction of the Tailings Storage Facility (TSF) and construction of site accommodation. Leighton will mobilize their full team in April to commence pre-stripping, with mining due to commence in May.
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