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OceanaGold gets long-awaited Didipio approval

OCEANAGOLD Corp has received a renewed financial or technical assistance agreement (FTAA) from the Philippine government for its Didipio gold mine for an additional 25-year period, from June 2019, which reflects similar financial terms and conditions to the previous agreement.

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Didipio in the Philippines

Didipio in the Philippines

Didipio has been suspended since July 2019 after the FTAA was not renewed. With the FTAA in place, the company expects to be able to restart and resume normal operations at Didipio and will proceed...

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