Business
OceanaGold Announces First Round of Permanent Lay-Offs at Didipio
OceanaGold Announces First Round of Permanent Lay-Offs at Didipio Canada NewsWi...
About this update from Oceanagold Corporation
[{"type":"text","content":"OceanaGold-LayOffs\n \n \n \n OceanaGold Announces First Round of Permanent Lay-Offs at Didipio\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n BRISBANE, Australia, Oct. 13, 2020\n \n \n \n \n \n /NOT FOR DISSEMINATION OR DISTRIBUTION IN\n \n THE UNITED STATES\n \n AND NOT FOR DISTRIBUTION TO US NEWSWIRE SERVICES.\n \n /\n \n \n \n BRISBANE, Australia\n \n ,\n \n Oct. 13, 2020\n \n /CNW/ - OceanaGold Corporation (TSX: OGC) (ASX: OGC) (the \"Company\") announces effective today that it has implemented the permanent layoff of 496 OceanaGold (\n \n Philippines\n \n ) Inc. (OGPI) employees.  The employees are predominantly from local communities in the Provinces of\n \n Nueva Vizcaya\n \n and Quirino. Along with the termination of direct employees, approximately 400 people working with contractors are also impacted. The Company may be required to implement a second-round of permanent lay-offs in mid-November and has provided notices to affected employees.\n \n \n \n Michael Holmes\n \n , President and CEO of OceanaGold said, \"Today is a sad day for the Company and for the many hundreds of workers and their families whose livelihoods have been impacted by the local government blockade of the public road pending the FTAA renewal, which has constrained our ability to continue operations over the past 15 months. The Company has actively participated in community-led dialogue supported by the majority of village and municipal governments along with the majority of local residents in Didipio. Despite these efforts, a small group of local leaders have refused to consider access arrangements that would have preserved these jobs. We thank local employees and local government leaders for their strong support and efforts to avoid permanent layoffs, especially during this difficult time with COVID-19.\"\n \n \n \"The FTAA renewal remains with the Office of the President for decision. We continue to engage with the National Government who express their support and endorsement of the renewal.\"\n \n \n \"The Didipio operation is a world-class...