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MELBOURNE, Nov. 21, 2016 /CNW/ - OceanaGold Corporation
(TSX/ASX/NZX: OGC) (the "Company") is pleased to announce
that for a second consecutive year, its Didipio Mine has been
awarded the Presidential Mineral Industry Environmental Award
recognising its exemplary efforts in responsible mining.
Each year, the President of the
Philippines, on recommendation by a selection committee
co-chaired by the Secretary of the Department of Environment and
Natural Resources ("DENR"), recognises mining operations that
perform to the highest standards of safety, environmental and
social management.
During the Philippine Mine Safety and Environment Association's
63rd Annual National Mine Safety and Environment
Association Ceremony held on November 18,
2016 in Baguio City, Luzon, the Didipio operation was also
presented with additional awards in categories recognising
excellence in Minerals Processing, Safety and Agroforestry.
In total, the Didipio Mine received five awards including:
- Presidential Mineral Industry Environment Award, Surface Mining
Operation
- First Place – Overall Safest Surface Mining Operation
- First Place – Safest Mining Operation, Metallic Category
- First Place – Safest Mineral Processing, Concentrator Category;
and,
- Third Place – Best Mining Forest, Metallic Category
Mick Wilkes, OceanaGold President
and CEO said, "We are extremely proud to have Didipio recognised by
the President of the Philippines
as the best mining operation in the country, for a second
consecutive year."
"We thank President Duterte, the DENR Secretary and members of
the sub-committee for this prestigious award and want to reiterate
our commitment to what he, and members of his government, have
repeatedly expressed as their desire for a responsible mining
sector in the Philippines," he
added.
He went on to say, "OceanaGold is honoured by this major
achievement, reflecting our unwavering commitment to operating at
the highest standards in health, safety, and environment for the
long term sustainable benefit of society in the Philippines. The Company is a leader for
responsible mining and we firmly believe our Didipio Mine sets the
benchmark for the same in the country."
info@oceanagold.com |
www.oceanagold.com | Twitter: @OceanaGold
About OceanaGold
OceanaGold Corporation is a mid-tier, low-cost, multinational
gold producer with assets located in the
Philippines, New Zealand
and the United States. The
Company's assets encompass its flagship operation, the Didipio
Gold-Copper Mine located on the island of Luzon in the Philippines. On the North Island of
New Zealand, the Company operates
the high-grade Waihi Gold Mine while on the South Island of
New Zealand, the Company operates
the largest gold mine in the country at the Macraes Goldfield which
is made up of a series of open pit mines and the Frasers
underground mine. In the United
States, the Company is currently constructing the Haile Gold
Mine, a top-tier asset located in South
Carolina along the Carolina Terrane. The Company expects the
Haile Gold Mine to commence commercial production in early 2017.
OceanaGold also has a significant pipeline of organic growth and
exploration opportunities in the Asia-Pacific and Americas regions.
OceanaGold has operated sustainably over the past 26 years with
a proven track record for environmental management and community
and social engagement. The Company has a strong social license to
operate and works collaboratively with its valued stakeholders to
identify and invest in social programs that are designed to build
capacity and not dependency.
In 2016, the Company expects to produce 385,000 to 425,000
ounces of gold from the combined New
Zealand and Didipio operations and 19,000 to 21,000 tonnes
of copper from the Didipio operation at All-In Sustaining Costs of
US$700 to US$750 per ounce.
SOURCE OceanaGold Corporation