OceanaGold is on track to deliver continuous production at the Martha underground mine in New Zealand later this year.
OceanaGold has increased its gold reserves for 2020 following a string of exploration activities across its New Zealand and United States assets.
OceanaGold is expecting its gold production to increase by 20 per cent this year to between 340,000 to 380,000 ounces.
OceanaGold has received permits to expand its Macraes gold operation in New Zealand, extending its mine life until at least 2028.
Australia’s mid-tier mining companies have outperformed the remainder of the mining sector in 2020, according to statistics from Pricewaterhouse Coopers (PwC).
Keep up with the latest executive movements across the mining sector, headlined by Rio Tinto non-executive director David Constable’s planned departure from the company.
The Australian Mining Prospect Awards Epiroc Hard Rock Mine of the Year Award recognises a hard rock mine that is performing well or has carried out an innovative project or program.
OceanaGold has shifted to a new technology in its processing plant at the Haile gold mine in the United States by replacing wedge wire screens with Derrick G-Vault interstage screens.
OceanaGold president Michael Holmes expects that the largest organic growth in the company’s 30-year history will be driven by its Waihi gold operation in New Zealand.
OceanaGold’s Waihi gold mine is a narrow vein underground mine located on the North Island of New Zealand. As part of the mine extension project from the Correnso to the Martha orebody, a new ventilation shaft was required to be raise bored through some challenging ground.
OceanaGold has received a mining permit for the Wharekirauponga project on the North Island of New Zealand.
Derrick Corporation has launched its new G-Vault polyurethane interstage screen for carbon in leach and resin in leach processing at gold recovery plants.
OceanaGold president and chief executive officer, Mick Wilkes, has stepped down from his executive position as well as from the board for personal reasons.
OceanaGold has signed a forward sale arrangement with its partner banks to receive a pre-payment of $78.5 million in exchange for delivering 48,000 gold ounces between September and December this year.
Weir Minerals has helped OceanaGold reduce grinding mill recirculation by 246 per cent with its Cavex hydrocyclones at the Didipio gold-copper mine in the Philippines.
OceanaGold has endeavoured to keep its Didipio operations in the Philippines by filing an injunction against any unauthorised restraint of its operations.
OceanaGold has responded to recent reports that it has halted operations at its Didipio copper-gold mine in the Philippines as false.
OceanaGold has released strong results for the second quarter (Q2) of 2018, posting net revenue of $US402.4 million ($544.9 million) and profit of $US89.1 million ($120.7 million) for the first half of 2017.
OceanaGold Corp delivered record annual gold output and met its production guidance for the sixth consecutive year in 2017.
Australian-headquartered OceanaGold Corp has launched commercial production at its Haile gold mine in the United States.