TSX:OGCMetals and Mining
Should OceanaGold’s US$1.96 Billion Didipio Mine Expansion Reshape the Thesis for OceanaGold (TSX:OGC) Investors?
OceanaGold Corp. has announced plans to invest about US$1.96 billion to extend operations at the Didipio Gold-Copper Mine in Nueva Vizcaya beyond 2035, funding mine optimization, underground development, exploration, reserve expansion, and supporting roughly 2,500 direct and indirect jobs in the Philippines.
Philippine trade and finance officials framed this long-term Didipio expansion as a way to strengthen the country’s role in responsible mining and in supplying metals vital for renewable...