Business
OceanaGold Provides Corporate Update in Relation to COVID-19
OceanaGold Provides Corporate Update in Relation to COVID-19 Canada NewsWire MEL...
About this update from Oceanagold Corporation
[{"type":"text","content":"\n\n\n\nOceanaGold Provides Corporate Update in Relation to COVID-19\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\nCanada NewsWire\nMELBOURNE, March 26, 2020\n\n\n\n/NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES AND NOT FOR DISTRIBUTION TO US NEWSWIRE SERVICES./\n MELBOURNE, March 26, 2020 /CNW/ - OceanaGold Corporation (TSX: OGC) (ASX: OGC) (the \"Company\") is providing additional information on the actions it has taken in response to the New Zealand Government's decision to move to Alert Level Four, the country's highest alert level. The Government's order went into effect at 11:59pm on Wednesday March 25, 2020 for a period of four weeks.\nMichael Holmes, Acting President and CEO of OceanaGold said, \"These are unprecedented times which requires all of us to follow the strict guidance of government authorities to minimise and contain the spread of COVID-19 for the health and wellbeing of our global team, operations and the communities where we work and live. We remain in close contact with government authorities and are working closely with our workforce to support them through this global crisis.\"\nNew Zealand\nThe New Zealand government has clarified that gold mining, while not an essential industry, is required to conduct a certain level of on-site activity to maintain environmental monitoring, safety and security. \nAt the Macraes operation, the Company has worked with New Zealand regulators to identify the appropriate level of activity to satisfy these requirements. The Company is now operating under a work plan which it has lodged with the regulator to continue processing of stockpiles and broken stocks, and plant maintenance on this basis, in accordance with expectations of operators of high hazard facilities. Full shutdown of the process plant would require additional workforce levels that would increase health and safety risks. The Company has stocks on hand for an extended period beyond the current four-weeks, if required.      \nAt the Waihi operation, the Company has temporarily suspended development of the Martha...