OceanaGold owns and operates the high-grade gold-copper Didipio Mine which is located approximately 270 kilometers north of the Philippine capital of Manila or in town of Kasibu, Nueva Vizcaya.
The Canadian-Australian firm is producing gold and copper. It has operations in New Zealand and the Philippines.
OceanaGold Corporation owns both producing and developing mines, with operations on the South Island of New Zealand and development and exploration activities in New Zealand and the Philippines.
The Didipio Mine workforce consists of 1,800 employees and contractors of which over 98% are Filipino nationals including more than 50% from the local communities.
Production started from April 2013. The mine is producing 25 thousand tonnes of copper and 106,256 ounces of gold annually.
As of 2008 OceanGold had raised 200 million dollars to develop its Didipio Mine. The mine was expected to produce 120,000 ounces of gold and 15,000 tonnes of copper concentrate a year in the first 10 years.
With Quirino Province Press Corps officers and members...
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