Oceana insists Didipio still has potential
August 19th, 2008
Filed under: Mine - Didipio, Mineral - Copper, Mineral - Gold, Operator - OceanaGold, Region 02 - Nueva Vizcaya
From: www.odt.co.nz
By Simon Hartley
Oceana Gold, New Zealand’s largest gold miner, rejects claims it is facing its most crucial period during the 18-year life of its mainstay Macraes site in East Otago. Otago Daily Times business reporter Simon Hartley talks to Oceana chief executive Steve Orr about its decimated market capitalisation and, more importantly, Oceana’s quest for $US185 million ($NZ266 million) of development funds in an increasingly cashless sector.
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