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The Didipio Mine is operated by the Company under a Financial or Technical Assistance Agreement ("FTAA") with the Government, which grants the Company title, exploration and mining rights within a fixed fiscal regime. The FTAA was executed in 1994, and was renewed on July 14, 2021 for an additional 25-year period commencing on June 19, 2019
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The Didipio gold-copper project is located in the north of Luzon Island in the Philippines, approximately 270 km NNE of Manila. The Didipio orebody intrudes into the southern margin of a composite plutonic complex composed of monzonite to diorite intrusives. The Dinkidi deposit occurs as low grade disseminated and stockwork porphyry-type gold ...
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Photo credit: OceanaGold Scott Sullivan, Chief Operating Officer and Acting Chief Executive Officer of OceanaGold said, "The recommencement of Didipio operations is progressing ahead of plan. The recruitment of the workforce is ahead of schedule as we expect approximately 65% of the total workforce to be in place by the end of the third …
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Typhoon Ulysses exposed the ill effects of large-scale mining in Nueva Vizcaya, with fatal mudslides in Quezon town and a TSF overflow isolating Didipio village from the rest of Kasibu town. Despite being cleared of blame by the government, mining concessions FCF Minerals and OceanaGold are being held accountable by Novo …
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Didipio: green, sustainable mining - BY LEANDER C. DOMINGO LOCATED some 270 kilometers northnortheast of Manila at an elevation of around 700 meters above sea level is the gold deposit-rich upland village where the Didipio Mine practices green and sustainable mining. The Mines and Geosciences Bureau (MGB) in …
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According to OceanaGold, the Didipio process plant is estimated to hit throughput at a pace of 3.5 million tons per annum over the next few weeks. It added that for the rest of 2021, the company expects to produce between 7,000 and 12,000 ounces of gold and 1,000 tons of copper with estimated all-in costs of between $100 and $150 per …
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A 10-year career in community relations at OceanaGold's Didipio Mine in the Philippines has turned into the operational role that local Didipian, Reynaldo Pugong Jr, has always dreamed of. Having just graduated from university with a Bachelor of Science in Business Administration, and living and working in Manila, Reynaldo Pugong Jr (known …
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The Didipio project is a high grade gold-copper mine development, located approximately 270km north-east of Manila in the Philippines. Owned by OceanaGold, the mine is forecasted to produce 71koz of gold (Au) and 15kt of copper (Cu) over its projected 16-year mine life. The project was put on care and maintenance in 2008, following cost …
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OceanaGold Corporation announced that its wholly owned subsidiary, OceanaGold Philippines, Inc. ("OGPI"), has filed a registration statement and draft preliminary prospectus with the Philippine Securities and Exchange Commission and a listing application with The Philippine Stock Exchange, Inc. in relation to the proposed …
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Dinkidi is hosted by the Didipio intrusive complex, which intruded calc-alkalic to shoshonitic volcanic rocks of the Mamparang and Upper Mamparang formations in the late Oligocene. An early, composite diorite-monzodiorite pluton was intruded by the Surong monzonite and the Dinkidi stock. The initial phases of the Cu-Au mineralized Dinkidi …
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OceanaGold Corporation advises that the Philippine Government has renewed the Didipio gold-copper mine Financial or Technical Assistance Agreement (FTAA) for an additional 25-year period, retrospectively beginning June 19, 2019.The renewed FTAA reflects similar financial terms and conditions while providing additional …
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Didipio's original Bugkalot Indigenous residents hunted and gathered in the densely forested mountains; now they collectively manage their forest resources in a sustainable way. Pure and abundant water still tumbles down forested mountains into the Addalam River, nourishing fertile valleys until it empties into the Rio Grande de …
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The Company expects Didipio gold sales for 2021 to range between 23,000 and 28,000 ounces of gold and between 3,500 and 4,500 tonnes of copper. Didipio All-In Sustaining Costs are expected to range between $300 and $400 per ounce sold with cash costs of $200 to $300 per ounce sold. At full operations, the Didipio mine is expected to …
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The Didipio underground mine, along with processing of stockpiled open pit ore, is planned to be completed in 2035 based on Mineral Reserves only. OceanaGold intends to complete the Underground Optimization work that assesses the potential for increased underground mining rates, as well as potential resource extensions below the current reserve ...
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