TSX:OGCMetals and Mining
OceanaGold (TSX:OGC) Is Down 7.7% After $1.96 Billion Didipio Expansion Plan – Has The Bull Case Changed?
OceanaGold Corp. has outlined a US$1.96 billion plan to extend operations at its 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, according to Philippine trade and finance officials.
Officials also framed the expansion as a way to strengthen the Philippines’ role in supplying metals for renewable energy technologies, electrification, and advanced...