PMEA Blog

Manila, Philippines - An official of OceanaGold (Phils.) Mining, Inc. said the mining firm is actively involved in a number of community and humanitarian programs, with particular efforts in environment and reforestation, clean water provision, infrastructure, livelihood and training programs, as well as numerous employment opportunities.
“We are happy that the leaders of the Didipio Community […]

Simon Hartley

Oceana Gold has completed a long-awaited study into its mothballed gold and copper development mine at Didipio, in the northern Philippines, which has been mothballed for almost two years after a massive cost blowout.

Oceana said the optimisation study of the mine, on which it is estimated to have spent $US120 million ($NZ166.2 million) in […]

April 26, 2010
Jenny San Juan

Recently held at Didipio Village is the “26th Founding Anniversary Celebration, and Inter-Malabing Valley Summer League 2010”with the theme of “Strengthening the unity and harmonious relationship towards a peaceful and progressive future.”

As an annual social activity, barangay Didipio hosted this year’s summer league joined by 8 other sorrounding barangays namely, Capisaan, […]

Reuters
First Posted 16:19:00 08/28/2008
MANILA, Philippines — The Philippine mining sector drew over $200 million in investments in the second quarter, a senior official said Thursday, bringing the first-half figure to about a third of the government’s target for the year.
Investments reached about $300 million in the six months to June, including the $68 million registered […]

From: www.manilastandardtoday.com
By Othel V. Campos
OceanaGold Corp. is finalizing a financing scheme for its Didipio mining project in Nueva Vizcaya province.
“We are working on a solution that will allow the project to be built and commissioned in the shortest possible timeframe and in a manner that maximizes the value for all our stakeholders,” said company vice […]

From: www.reuters.com
MANILA, Aug 20 (Reuters) - Australia-based gold miner OceanaGold will invest a further $29 million in the next six months in its Philippine copper and gold venture while it seeks a partner for the project, a company official said on Wednesday.
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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 […]

From: www.tradingmarkets.com
MANILA, Aug 14, 2008 — China’s Sino Gold may invest in the development of the Didipio copper-gold project in northern Philippines, owned by OceanaGold Corp. (OGC.AX), a senior government official said Thursday.
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From: www.odt.co.nz
By Simon Hartley
Oceana Gold’s Macraes mine operation in East Otago is going through “tough times” in an attempt to rectify a fall in ore tonnage and gold production.
The market capitalisation of the country’s largest gold producer has plummeted 85% from $A668 million to $A97 million over 14 months, following restructuring and moving its principal […]

From: www.gmanews.tv
BAGUIO CITY – Nueva Vizcaya Governor Luisa Lloren Cuaresma and several other officials of her province face graft charges for allegedly keeping an Australian mining firm from doing a local project, causing it to lose $65,000 for every day that it has not been allowed to operate.
The complaint was filed last month at the […]