OceanaGold prices $106 mln IPO of Philippine unit
Toronto-listed miner OceanaGold Corp said on Wednesday it will raise 6.08 billion pesos ($106 million) through an initial public offering (IPO) of its Philippine unit, the first listing in the Southeast Asian nation in 2024.
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Norway approves deep sea mining in Arctic Ocean
Mining News Pro - Norway’s parliament approved on Tuesday commercial plans to open the Arctic Ocean to seabed mineral exploration, despite environmental groups and the fishing industry’s warnings that the move would put the biodiversity of vulnerable ecosystems at risk.
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A showdown in Jamaica is deciding the fate of the deep ocean
Mining News Pro - In June, the United Nations approved a landmark treaty to preserve ocean biodiversity, seeming to augur a transformation in how countries and corporations do business on the high seas. But as the UN-affiliated International Seabed Authority (ISA) meets in Kingston, Jamaica, this week, it will be writing rules for deep sea mining that threatens the very ecosystems in need of preservation.
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To Save the Deep Ocean, We Should Mine the Moon
Mining News Pro - it’s a Faustian bargain for the Anthropocene: The greatest source of rare-earth metals are to be found at the bottom of the sea—and so are Earth’s most fragile ecosystems, an undisturbed and largely unexplored world of marvels.
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OceanaGold first production at Macraes underground
Mining News Pro - Golden Point underground mine at the OceanaGold Macraes operation in the South Island of New Zealand has achieved first ore production, with five thousand tonnes being moved to the mill for processing.
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Visit: 492
OceanaGold resumes NZ mines as Covid restrictions ease
Mining News Pro - OceanaGold has resumed operations at the Macraes and Waihi mines, after the New Zealand government eased Covid-19 restrictions for all regions, except Auckland and Northland.
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Visit: 460
OceanaGold looks at Didipio restart after FTAA approval
Mining News Pro - The Philippine government has renewed the Didipio Mine Financial or Technical Assistance Agreement (FTAA) for an additional 25-year period, beginning June 19.
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OceanaGold to restart Didipio mine after new deal with Philippines
Mining News Pro - Australia’s OceanaGold Corp. said on Wednesday the Philippines has renewed its contract for the Didipio gold and copper mine for another 25 years, after almost two years of the operation being halted due to a dispute with a provincial government over the company’s license to operate.
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Scientists find way to mine lithium from the ocean
Mining News Pro - Researchers have developed an effective method to cost-effectively extract lithium from seawater at a purity of 99.94 per cent while also creating freshwater.
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OceanaGold persists through NZ, US troubles
Mining News Pro - OceanaGold is on track to deliver production at the Martha underground mine in New Zealand late this quarter after entering production this year.
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OceanaGold confirms Macraes life extension
Mining News Pro - OceanaGold has increased its gold reserves for 2020 following a string of exploration activities across its New Zealand and United States assets.
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Visit: 523
OceanaGold anticipates gold production wave
Mining News Pro - OceanaGold is expecting its gold production to increase by 20 per cent this year to between 340,000 to 380,000 ounces.
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OceanaGold soars on Philippine’s move to reopen Didipio
Mining News Pro - OceanaGold closed 32% higher on the Australian Stock Exchange on Monday after announcing that the Philippine government is moving forward to finalize a long-delayed renewal of an agreement governing the company’s Didipio gold-copper underground mine.
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OceanaGold begins Macraes expansion in NZ
Mining News Pro - OceanaGold has received permits to expand the Macraes gold operation in New Zealand, extending its mine life until at least 2028.
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Emissions from China coal plants fertilize North Pacific Ocean
Mining News Pro - Researchers from a number of institutions in the US and the UK published a study that states that emissions from coal-fired power plants in China are fertilizing the North Pacific Ocean with a metal nutrient important for marine life.
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Oceana completes C$150m raise
Mining News Pro - OceanaGold has completed its C$150-million bought deal equity financing, issuing 73-million common shares at a price of C$2.06 each.
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OceanaGold announces lay-offs at Didipio
Mining News Pro - OceanaGold announced on Tuesday that it has implemented the permanent layoff of 496 employees at its Didipio gold and copper mine, located across the Nueva Vizcaya and Quirino provinces on the island of Luzon, Philippines.
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Visit: 623
OceanaGold extends mine life
Mining News Pro - OceanaGold is extending the mine life at its Macraes operation on the South Island of New Zealand by at least seven years, the miner announced Thursday.
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Outlook at Haile is uncertain, says OceanaGold
Mining News Pro - OceanaGold said on Friday that the outlook at its Haile mine in South Carolina is now uncertain, after 18 staff members tested positive for covid-19 since June.
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Visit: 662
OceanaGold NZ project to provide largest growth in three decades
Mining News Pro - 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.
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OceanaGold advances NZ gold project
Mining News Pro - OceanaGold has received a mining permit for the Wharekirauponga project on the North Island of New Zealand.
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OceanaGold still waiting on formal order over Didipio dispute
Mining News Pro - OceanaGold said on Monday that it has not received any formal order from the Philippines Court of Appeals regarding its request to allow interim operations at the Didipio gold-copper mine.
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Visit: 669
OceanaGold restarts operations in New Zealand
Mining News Pro - OceanaGold has resumed mining operations in New Zealand after the government decreased the country’s Covid-19 alert level from four to three.
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Visit: 768
OceanaGold solidifies Holmes appointment
Mining News Pro - OceanaGold has appointed Michael Holmes as president and CEO, following the resignation of Mike Wilkes earlier this year.
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OceanaGold puts Waihi operation on hold
Mining News Pro - OceanaGold has announced that the Waihi gold operation in the North Island of New Zealand will temporarily suspend the ongoing development of the Martha underground mine and go into care and maintenance for four weeks in response to covid-19 measures put in place by the New Zealand government.
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