OceanaGold: Starts processing at Didipio

OceanaGold Starts processing at Didipio

  • Gold miner OceanaGold Corporation (OGC) commences processing at the Didipio gold-copper mine in the Philippines
  • The Didipio processing plant is expected to ramp up to its throughput rate of 3.5 million tonnes per annum over the next few weeks
  • For the remainder of the year, the company is expecting to produce between 7000 and 12,000 ounces of gold and 1000 tonnes of copper
  • Chief Operating Officer and Acting CEO Scott Sullivan said this is a major milestone for the company
  • On market close for the day, the company is up 0.8 per cent and is trading at $2.51 per share
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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