Mining firm pursues projects to protect environment

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 […]

OceanaGold: Philippine construction to start mid-year

MANILA, April 11 (Reuters) - Australia’s OceanaGold Corp said on Monday it expected construction on its Didipio gold-copper project in the Philippines to start by mid-year, with commercial production expected from early 2013.
“Preparations on the Didipio site are progressing well and we are on track to commence construction activities mid-year,” OceanaGold chief executive officer Mick […]

OceanaGold aims to unearth $152m to fund mining projects

NZX-listed gold miner OceanaGold is hoping to raise C$115.5 million ($152 million) in a private placement of Australian-listed securities to help fund its Philippine gold and copper mine, and extend its New Zealand gold mines.

Underwriters Macquarie Capital Markets Canada and Citigroup Global Markets Canada have agreed to purchase special warrants and common shares in OceanaGold, […]

Philex may buy into OceanaGold’s Didipio mine

Philex Mining Corp., the Philippines’ biggest mining company, might buy into the Didipio gold project of Australian miner OceanaGold Phils. Inc., company president and chief operations officer Ernesto Villaluna said Wednesday.

“We are conducting due diligence now. We have to study the reserve, how to increase it, as well as [the project’s] fatal flaws,” Villaluna told […]

OceanaGold posts strong half year production and exploration result

MELBOURNE, Australia, July 29 /CNW/ - OceanaGold Corporation (ASX: OGC, TSX: OGC, NZX: OGC) (the “Company”) increased Second Quarter gold production to 67,541 ounces, bringing total Half Year production to 132,832 ounces.
In its Second Quarter and Half Year 2010 Results released today, the Company announced a 226% increase to its quarter on quarter cash […]

OceanaGold announces further down dip extensions of mineralisation at Panel 2: Frasers underground mine

MELBOURNE, Australia, July 21 /CNW/ - OceanaGold Corporation (ASX: OGC, TSX: OGC, NZX: OGC) (”the Company”) is pleased to announce further results from an underground diamond drilling program at the Frasers underground mine in Otago, New Zealand.
N.B. The Hangingwall Shear refers to the geologically continuous mineralised zone immediately below the over-laying waste sequence. In […]

OceanaGold announces increase to exploration activities at Reefton goldfield

OceanaGold Corporation (ASX: OGC, TSX: OGC, NZX: OGC) (the “Company”) is pleased to announce that the Board of Directors has approved an additional exploration program at the Reefton goldfield and surrounding areas.
The Reefton goldfield is one of the most prolific goldfields in New Zealand, historically having produced more than two million ounces of […]

SIFE OceanaGold gives students business training

A total of 75 faculty members and students from six colleges and universities in Region 2 have participated in a regional seminar-workshop on the Students in Free Enterprise (SIFE) held recently at the Nueva Vizcaya State University.
Annette Rafael, Pilipinas SIFE country coordinator, said the activity which was hosted by OceanaGold Philippines Inc., was aimed to […]

Didipio Village Appreciates OceanaGold for its Support for Development Projects

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, […]

$100m spent on hedges

Mining company OceanaGold has bought out more than NZ$100 million in hedging contracts,allowing it to take advantage of the high gold spot price.
The company, which owns mines in Otago, the West Coast, and the Philippines, raised C$85m (NZ$118.19m) through a new share issue last month, more than enough to fund the buyout of 75,000 forward […]