Didipio gold mine

Didipio gold mine. Commercial production commenced in October 2017. NI 43-101 Technical Report for the Didipio Gold / Copper Operation Luzon Island, PHILIPPINES S0037-REP-020-0 Report Date: October 29, 2014 Effective Date: October 29, 2014 Feb 21, 2024 · Highlights. Achieved 2023 Guidance, Safely and Responsibly. Edited by Nov 6, 2023 · The Didipio mine has so far produced 95,720 ounces of gold in the nine months to September period, an increase of 13. The Didipio Mine in 2023 registered a 22% year-on-year increase in gold production, meeting its full year production guidance. It is considered one of the safest gold mining operations in the world. 08 Moz decrease in Mineral Reserves was due to 2023 mining Didipio Mine engages with communities to improve our management of key issues and impacts, identify opportunities, inform our business strategy and activities, collaboratively develop social investment programs, and respond to concerns or issues relating to our business activities. 2 thousand ounces in the first half of the year. ” Aug 15, 2023 · VANCOUVER, BC, Aug. The Didipio Mine operates as an underground gold and copper mine with a surface stockpile operation. Feb 2, 2024 · /NOT FOR PUBLICATION OR DISTRIBUTION IN THE UNITED STATES, JAPAN OR AUSTRALIA /. (OGPI) is a gold and copper mine located across the provinces of Quirino and Nueva Vizcaya. ("OGPI"), has filed a registration statement and draft preliminary prospectus with the Philippine Securities and Oct 18, 2021 · Haile Gold Mine joins local corporate community to support children’s home; Didipio Mine supporting COVID-19 health outcomes; New Macraes GM eyes another 1. com Jul 14, 2021 · OceanaGold aims to achieve full underground production capacity within 12 months, with Didipio slated to generate about 10,000 ounces of gold and 1,000 tonnes of copper per month once The Company operates the Didipio gold and copper mine located in the northern Luzon region of the Philippines (the “Didipio Mine”), approximately 270 km north-northeast of Metro Manila. Apr 25, 2022 · The Oceana Gold and Copper mine, located in Barangay Didipio, Nueva Vizcaya, was the first mining project awarded a Financial Technical Assistance Agreement (FTAA) by the Philippine government, allowing the company to operate large-scale mining explorations, 100% owned by foreign investor OceanaGold Corporation Oct 15, 2019 · The open pit gold and copper mine in Didipio has been transformed into an underground mine in 2015 by OceanaGold Philippines Inc. It’s Apr 23, 2024 · The Didipio gold-copper mine was estimated to have 42. The year-over-year 0. DIDIPIO GOLD/COPPER PROJECT i OCEANAGOLD (PHILIPPINES), INC. Jul 15, 2021 · The Nueva Vizcaya government initiated a blockade around the Didipio mine in 2019 to prevent OceanaGold operating the site without a licence, disrupting maintenance work and sparking a still We have a portfolio of four operating mines: the Haile Gold Mine in the United States of America; Didipio Mine in the Philippines; and the Macraes and Waihi operations in New Zealand. It produces gold doré bars & copper concentrate. Owned by OceanaGold, the mine is forecasted to produce 71koz of gold (Au) and 15kt of copper (Cu) over its projected 16-year mine life. Sep 30, 2019 · By Marcelle Villegas The Didipio Mine of OceanaGold Philippines Inc. Proven and probable reserves. The Baseline Study of the Major River System and Tributaries of Barangay Didipio conducted by the Nueva Vizcaya State University in 2004, showed elevated total suspended solids (TSS Jul 15, 2021 · Malacañang says the Didipio gold-copper mine will provide more jobs. The company that operates it has a contract until 2044. Didipio works with 11 communities adjacent to the mine. ( Image courtesy of OceanaGold ) Nov 12, 2021 · Haile Gold Mine joins local corporate community to support children’s home; Didipio Mine supporting COVID-19 health outcomes; New Macraes GM eyes another 1. Image by Keith Schneider Evading a cul-de-sac. In January 2017, the first gold was poured from the modern Haile Gold Mine after OceanaGold acquired the operation in late 2015. Sep 13, 2021 · Our global exploration, development, and operating experience has created an industry-leading pipeline of organic growth opportunities and a portfolio of established operating assets including Didipio Mine in the Philippines; Macraes and Waihi operations in New Zealand; and Haile Gold Mine in the United States of America. Our journey began in 1994 when the Philippine government granted the Financial Technical Assistance Agreement (FTAA) 001 to Didipio Mine, and in 2013 we declared commercial production. 18 Moz. It produces gold and silver as doré bars and copper in concentrate. Dec 13, 2021 · Following the confirmation of the Didipio Mine financial or technical assistance agreement renewal, Didipio is producing gold and copper again, which will be an important source of free cash flow generation for the company and a significant contributor of socio-economic benefits for the region and country. Jul 15, 2021 · The Philippine Government has renewed a mining contract with OceanaGold for the Didipio gold and copper mine for an additional 25 years. Commissioning of the mine began at the end of 2012 and commercial production was officially declared as of 1 April 2013. 2, 2024 /CNW/ - OceanaGold Corporation (TSX: OGC) (OTCQX: OCANF) ("OceanaGold" or the "Company") is pleased to announce that its wholly owned subsidiary, OceanaGold Philippines, Inc. On 1 May 2020, we provided a response (available here) to the OHCHR, outlining the status of our FTAA renewal, the history around the unlawful barricade preventing trucking to and from the Didipio Mine, the reason we need emergency back-up fuel at the mine, the engagement we conducted over several months to try and get the fuel to the mine, and May 10, 2021 · Haile Gold Mine joins local corporate community to support children’s home; Didipio Mine supporting COVID-19 health outcomes; New Macraes GM eyes another 1. We'd like to hear from you. . And while many are shying away from the stock market due to a string of global uncertainties, OceanaGold (Philippines) Inc. The mine produced Apr 6, 2020 · On July 1, 2019, local communities in Didipio and Alimit, hosts to the underground mines, set up a blockade to stop the entry of fuel tankers and service vehicles to the mining site. Haile Gold Mine Macraes Operation In 2021, OceanaGold renewed its contract for the Didipio gold and copper mine in northern Philippines for another 25 years. Qualified Jul 16, 2021 · OCEANAGOLD CORP. See full list on news. At Didipio, following the restart of processing in early November, the operation produced 14,863 ounces of gold and 2,323 tonnes of copper, exceeding the Company’s 2021 guidance range of 7,000 to 12,000 ounces of gold and 1,000 tonnes of copper. (OGPI)—the second largest producer of gold and copper in the Philippines and a unit of Toronto-listed Jun 28, 2019 · Didipio, located 270 km north of Manila, is expected to churn out this year between 120,000 and 130,000 ounces of gold and 14,000 to 15,000 tonnes of copper. OGPI received numerous awards such as two Presidential Awards as the most environmentally and socially responsible mining operations in the Philippines. of gold and 12,000 to 14,000 tonnes of copper, at an all Mar 12, 2024 · MANILA, Philippines – OceanaGold Philippines plans to spend up to $7 million for its exploration program this year in hopes of expanding the Didipio gold-copper mine in Luzon and discovering new Jun 6, 2024 · We have a portfolio of four operating mines: the Haile Gold Mine in the United States of America; Didipio Mine in the Philippines; and the Macraes and Waihi operations in New Zealand. It held 1. But for environmentalists, 'Duterte has condemned the people of Nueva Vizcaya to 25 more years of water depletion Didipio Mine. Nov 4, 2021 · Following the confirmation of the Didipio Mine Financial or Technical Assistance Agreement renewal, Didipio is producing gold and copper again, which will be an important source of free cash flow generation for the Company and a significant contributor of socio-economic benefits for the region and country. Apr 23, 2024 · OceanaGold (Philippines) Inc. said. 1 SUMMARY OF PROJECT DESCRIPTION Project Name: Didipio Gold-Copper Project Increase in Annual Plant Throughput Rate (3. Type. It’s got a fabulous ore body that produces both copper and gold. 90% dividend policy “Didipio is one of the lowest-cost mines in the industry. We have a portfolio of four operating mines: the Haile Gold Mine in the United States of America; Didipio Mine in the Philippines; and the Macraes and Waihi operations in New Zealand. Prior to the development of the Didipio operation, artisanal mining was prevalent in the area and some small-scale mining upstream from Didipio continues today. Apr 3, 2024 · We have a portfolio of four operating mines: the Haile Gold Mine in the United States of America; Didipio Mine in the Philippines; and the Macraes and Waihi operations in New Zealand. The Didipio Gold and Copper Mine operates to the highest environmental and social standards and has been recognised as one of the most responsible in the Gold was first discovered at the Haile Gold Mine in 1827, and a rich history of producing significant quantities of gold has since been established. The Didipio gold and copper mine is located in Luzon, Philippines. 1m ozs; New life for one of New Zealand’s oldest gold mines; Employee testimonial: Josue Nduwa, Metallurgist; Employee testimonial: Beverly Adams, Community Relations Coordinator Apr 10, 2024 · Didipio is a copper-gold mine located 270km north east of Manilla in the Philippines operated by Oceana Gold. 1. Underground and open pit. 57 million ounces of Jan 25, 2022 · Didipio Gold-Copper Mine – Philippines. Feb 5, 2024 · The optimisation study has found that Didipio has the potential to generate a strong return on the growth capital through increased gold and copper production and an extended mine life. 1. " We have a portfolio of four operating mines: the Haile Gold Mine in the United States of America; Didipio Mine in the Philippines; and the Macraes and Waihi operations in New Zealand. 22,903 likes · 2,085 talking about this. 35% Cu for 1. Jun 20, 2011 · The Didipio project is a high grade gold-copper mine development, located approximately 270km north-east of Manila in the Philippines. The Didipio Mine is located in Luzon, Philippines. operates the Didipio gold and copper mine located in the northern Luzon region of the Philippines, approximately 270 km north-northeast of Metro Manila. 5 Mtpa to 4. Produced 477,313 ounces of gold and 14,172 tonnes of copper, in-line with original 2023 guidance, including delivering the Horseshoe Underground mine at Haile into production, and exceeding original production guidance at Didipio and Macraes. , which currently operates the Didipio gold-copper mine in Nueva Vizcaya, earlier reported that gold production reached 49. The renewed FTAA reflects similar financial terms and conditions while providing additional benefits to the regional communities and provinces that host the operation Apr 3, 2024 · We have a portfolio of four operating mines: the Haile Gold Mine in the United States of America; Didipio Mine in the Philippines; and the Macraes and Waihi operations in New Zealand. 1m ozs; New life for one of New Zealand’s oldest gold mines; Employee testimonial: Josue Nduwa, Metallurgist; Employee testimonial: Beverly Adams, Community Relations Coordinator Jun 21, 2024 · VANCOUVER, BC, June 21, 2024 /CNW/ - OceanaGold Corporation (TSX: OGC) (OTCQX: OCANF) ("OceanaGold" or the "Company") is deeply saddened to report that a colleague has been fatally injured at its Didipio Mine in the Philippines. Using clean production technology, recovery of copper and gold at Didipio is achieved from the use of froth flotation following a conventional SAG Mill-Ball Mill pebble crushing grinding circuit and gravity gold recovery circuit. The Didipio mine started commercial operations in 2013 and has a mine Aug 13, 2024 · OceanaGold Philippines Inc. com Feb 2, 2024 · Gerard Bond, President and CEO of OceanaGold, said, "We are proud of Didipio's track record as a proven high-quality, long-life, low-cost gold-copper mine and look forward to welcoming new Apr 24, 2024 · OceanaGold’s Didipio mine started commercial operations in 2013 and has a mine life of up to 2035. This comes nearly two years after the Didipio mine’s operations were stopped due to a dispute between the Canadian-Australian mining firm and the Feb 2, 2024 · Gerard Bond, President and CEO of OceanaGold, said, "We are proud of Didipio's track record as a proven high-quality, long-life, low-cost gold-copper mine and look forward to welcoming new Filipino and international shareholders to participate in the expected robust free cash flow generation, consistent dividend payments, and future potential Apr 28, 2024 · Gold doré bars produced at Didipio mine. Jun 21, 2024 · Didipio, which began production in 2013 and is located 270 km north of Manila, has a measured and indicated resource of 1. The current plan is to finish the underground mine and process the stockpiled open pit ore by 2035, focusing solely on Mineral Reserves. Article continues Growing gold and copper producer. Jul 14, 2021 · OceanaGold Corporation advises that the Philippine Government has renewed the Didipio gold-copper mine Financial or Technical Assistance Agreement (FTAA) for an additional 25-year period, retrospectively beginning June 19, 2019. (OGPI). 120,000 – 130,000 oz gold and 12 – 14 kt copper. Qualified Person Statement Jul 16, 2021 · Legal Rights and Natural Resources Center (LRC) said that the renewal of the permit for OceanaGold to mine again in Didipio, Nueva Vizcaya, “flies in the face of the will of the local government Apr 18, 2024 · Didipio gold mine is on track to hit its 2024 production guidance after producing over 26,000 ounces of gold and 3,000 metric ounces of copper in the first quarter, OceanaGold Corp. 1 million ounces of gold and 140,000 tonnes of copper as of end-2023, with Dec 7, 2020 · OceanaGold kicked off the renewal of the 25-year permit in 2018. 2 metric tons of stockpile reserves as of December 2021. Construction of the open pit mining started in 2011 and commercial open pit Jun 19, 2019 · Didipio is a major direct and indirect employer in the provinces of Quirino and Nueva Vizcaya and a significant contributor of socio-economic benefits for the local and national economies. No. General Enquiries: +63 78 434 2300; DidipioMine@oceanagold. OceanaGold is a growing intermediate gold and copper producer committed to safely and responsibly maximizing the generation of Free Cash Flow from our operations and delivering strong returns for our shareholders. Quick Facts. After it expired in June 2019 the company kept Didipio operating under a temporary license, but a blockade backed by the local By: Doris Dumlao-Abadilla – Business Features Editor (Philippine Daily Inquirer) For the first time in more than a decade, a Philippine mining firm is going public. The renewal of the Didipio Mine’s financial or technical assistance agreement (FTAA) is effective from 19 June 2019. 1 PROJECT FACT SHEET ES. Apr 15, 2024 · Didipio remains on track to deliver its 2024 guidance, the company said, with the mine expected to produce between 120,000 and 135,000 oz. The Didipio operation is an operating gold-copper mine in the northern Luzon region of the Republic of the Philippines with in-situ underground and surface stockpile reserves estimated to be 42. 2 Mt at 0. 8 percent from 84,094 ounces in the same period a year ago. VANCOUVER, BC, Feb. said on Wednesday it plans to restart the Didipio gold and copper mine “as soon as possible,” after the Philippine government renewed its contract for another 25 years. On the Sep 13, 2021 · OceanaGold (TSX, ASX: OGC) said on Monday that restart activities at its Didipio gold and copper mine in the Philippines were advancing ahead of plan, adding it expects to have 65% of the total Get News Alerts by Email . 91 g/t Au and 0. 3 million ounces of gold and 160,000 tonnes of copper. Supplying gold doré to the BSP, the Didipio mine produced over 11,000 ounces of gold every month in 2023. 15 million tonnes of copper, including 2. EXECUTIVE SUMMARY ES. We are committed to responsible mining, managing our effects and, more broadly, contributing to our host communities and society. ECC-CO-1112-0022 Project Type: Mining Project OUR HISTORY. 15, 2023 /CNW/ - OceanaGold Corporation (TSX: OGC) ("OceanaGold" or the "Company") is pleased to announce year to date results from our ongoing 2023 drill program at the Didipio Mine in the Philippines. 2023 production guidance. The mine, straddling the provinces of Nueva Vizcaya and Quirino, produced a total of approximately 138,500 ounces (oz) of gold, higher than the approximately 113,200 oz produced in 2022. 23 million ounces of gold and 0. Sep 9, 2024 · The Didipio Mine in Nueva Vizcaya is the second-largest gold mine in the country. 3 Mtpa) ECC Ref. 1m ozs; New life for one of New Zealand’s oldest gold mines; Employee testimonial: Josue Nduwa, Metallurgist; Employee testimonial: Beverly Adams, Community Relations Coordinator Jul 14, 2021 · Australian-listed OceanaGold Corp said on Wednesday the Philippine government has renewed its contract for the Didipio gold and copper mine for another 25 years, more than two years after the Feb 2, 2024 · The Proven and Probable Mineral Reserves estimates at December 31, 2023 at Didipio are presented in Table 1 below. mongabay. Dec 29, 2014 · The Didipio project is a high grade gold-copper mine development, located approximately 270km north-east of Manila in the Philippines. wfug hapkl clo zlgem wxmj wzqgawl aszn zmavaa fbujdx kplhhlf