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OceanaGold Receives Preliminary Approval for Mine Life Extension at Waihi
OceanaGold Receives Preliminary Approval for Mine Life Extension at Waihi Canada N...
About this update from Oceanagold Corporation
[{"type":"text","content":"\n\n\n\nOceanaGold Receives Preliminary Approval for Mine Life Extension at Waihi\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.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\n\n\nCanada NewsWire\nMELBOURNE, Dec. 17, 2018\n\n\n\n/NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES AND NOT FOR DISTRIBUTION TO US NEWSWIRE SERVICES./\n MELBOURNE, Dec. 17, 2018 /CNW/ - OceanaGold Corporation (TSX: OGC / ASX: OGC) (the \"Company\") is pleased to announce that an independent panel of commissioners appointed by the Hauraki District Council and the Waikato Regional Council (collectively the \"Regulator\"), have granted all resource consents for the Martha underground mine and resumption of mining operations from stage 4 of the Martha open pit, subject to the outcome of a statutory appeal period.\nMick Wilkes, President and CEO of OceanaGold said, \"These consents represent a great outcome for the Company, the town of Waihi and for the region, as the extended mine life provides our valued employees and our shareholders with more certainty that mining at Waihi will continue for at least the next 10 years. Waihi has had a long rich history of gold mining that dates back to the 1800's and since then over 11 million ounces of gold have been produced in the Coromandel. More recently, since 1988 when mining commenced at the Martha Open Pit, the Waihi operation has been a major employer in the region and has contributed a significant amount of socio-economic benefits while operating to the highest of environmental standards globally.\"\nFollowing receipt of these consents from the Regulator, parties who provided submissions during the initial public hearing process have until 1 February 2019 to appeal the decision. \nAbout OceanaGold \nOceanaGold Corporation is a mid-tier, high-margin, multinational gold producer with assets located in the Philippines, New Zealand and the United States. The Company's assets encompass 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...