PMEA Blog

MANILA, Sept 21 (Reuters) - Australian gold miner OceanaGold (OGC.AS: Quote, Profile, Research) expects the Philippines’ mining industry to take off in the next few years as the archipelago’s vast mineral reserves attract more international companies.
Mining investments have been relatively subdued in the Southeast Asian country over the past few years but the president of […]

The Asia Pacific Downunder Conference in Perth today was told that OceanaGold will utilise a training programme for its growing workforce at the Didipio copper-gold mine in the Philippines for a dual purpose - to train a new workforce and fill holes in its workforce in NZ.
OceanaGold’s Vice President NZ Operations, John Kinyon, told Mineweb […]

MELBOURNE, Australia, Sept. 10 /CNW/ - OceanaGold Corporation today announced that Jose (Joey) P. Leviste Jr. has been appointed Chairman of its wholly-owned subsidiary company in the Philippines, OceanaGold (Philippines), Inc.
Joey has been a Director of the Philippines company since OceanaGold’s merger with Climax Mining in 2006. He was also a Director of the Climax […]

Violence is feared likely to break out in a mountainous area of the Philippines – near the site of a multi-million-dollar gold and copper mine venture by New Zealand’s largest gold miner, Oceana Gold Ltd.
The Philippine Star newspaper reported that anti-mining villagers – already stirred up over having New Zealand-listed Oceana’s operation in […]

OceanaGold Corp said it had completed its initial public offering (IPO) on the Toronto Stock Exchange, raising $C90 million ($NZ110.6 million) through the issue of 25,715,000 shares at $C3.50 each.
The proceeds of the offering will be used to develop the Didipio Gold-Copper Project in northern Luzon, Philippines.

A trading halt has been placed on Otago-based mining company Oceana Gold, as the company prepares to de-list in its current incarnation and re-list as Oceana Gold Corporation.
The renamed entity will also be listing on the Toronto stock exchange (TSX) on June 26, and will be looking to raise a further $NZ 112 million in […]

ENVIRONMENT Secretary Angelo Reyes sees brighter prospects for the mining industry this year with investments projected to reach US$348 million.
Reyes said the expansion of the HPAL facility in Coral Bay in Palawan would bring in $154-million, the continuing rehabilitation of the Carmen copper project in Cebu would bring in US$97 million, and a gold project […]

March 29 (Bloomberg) — Oceana Gold Ltd., an Australian miner with projects in Southeast Asia and New Zealand, has received takeover approaches, Chief Executive Officer Stephen Orr said. The shares pared early losses to end unchanged.
“We have been approached,” Orr said in an interview today in Singapore, without giving details. “We’re not for sale.”

A Mining company in Nueva Vizcaya expects an amicable settlement of its land claims as residents are amenable to a land use compensation scheme.
Seven of the 12 families, who occupy public forest areas in Brgy.Didipio , Nueva Vizcaya, have allowed Australasian Philippines Mining Inc. to use their land, saying the program was a “once-in-a-lifetime” chance […]

A Nueva Vizcaya mining project anticipates an amicable sttlement of its land claims as residents had turned in to government to accept a generous land use compensation scheme.
Deeming the program to be a “once-in-a-life-time” chance to improve their livelihood, seven of the 12 remaining families in Barangay Didipio, Nueva Vizcaya who occupy land in public […]