AngMinero
  • Home
  • News
  • Features
  • Business
No Result
View All Result
AngMinero
  • Home
  • News
  • Features
  • Business
No Result
View All Result
AngMinero
No Result
View All Result
Home Business

OceanaGold resumes operations in Didipio mine

AngMinero News by AngMinero News
June 24, 2024
in Business, Features, News
26 2
0
OceanaGold projects increased gold production at Didipio Mine
84
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter

Listed mining firm OceanaGold Philippines Inc. (OGPI) has restarted its mining and milling activities at the Didipio mine in Nueva Vizcaya after a temporary halt following a fatality late Friday evening.

In a report by the Philippine Star, OGPI investor relations manager Marjorie Idio confirmed that mining and milling activities resumed last Saturday within the 24-hour temporary suspension ordered by the parent company.

Idio said that that have yet to resume operations in the paste plant, where the deceased worker was found, emphasizing that the focus remains on supporting the family and colleagues during this difficult time.

OceanaGold Corp. (OGC), the parent company, revealed that one of its employees at the Didipio mine was “fatally injured” on June 21.

OGC said that the employee was found unresponsive in the vicinity of the plant and was unable to be revived.

Operations at the Didipio mine were voluntarily suspended by the Australian-Canadian firm for 24 hours to inform the workforce.

OGC confirmed that Philippine regulators and the next of kin of the deceased have been notified of the incident, and that an investigation is underway.

OGPI made its market debut a little over a month ago, becoming the country’s first initial public offering of the year.

OGPI reported a significant drop in net income for the first quarter, attributed to lower mine production and sales, with net income falling to $11.5 million, down 48 percent from $22.1 million a year ago.

Despite the first-quarter slowdown, the foreign miner expects the Didipio mine to produce between 120,000 and 135,000 ounces of gold and 12,000 metric tons to 14,000 metric tons of copper this year.

Tags: Didipio MineOceanaGold Philippines Inc.OGPI

Related Posts

MGBEA Forum Highlights Push for Stronger Employee Welfare and Sustainable Public Service
News

MGBEA Forum Highlights Push for Stronger Employee Welfare and Sustainable Public Service

June 5, 2025
Dinapigue Mining Launches Environment Month with Community Plogging Drive
News

Dinapigue Mining Launches Environment Month with Community Plogging Drive

June 5, 2025
Philex Mining Officially Unveils Silangan Copper-Gold Project in Surigao del Norte
News

Philex Mining Officially Unveils Silangan Copper-Gold Project in Surigao del Norte

June 5, 2025
Nickel Asia buys 33.05M shares in Coral Bay Nickel
News

Planned Closure of CBNC Plant Raises Questions for Palawan’s Mining-Dependent Communities

June 5, 2025
Mining Body Refutes Claims of Sierra Madre Destruction in Dinapigue
News

Mining Body Refutes Claims of Sierra Madre Destruction in Dinapigue

May 30, 2025
OGPI Strengthens Local Ties with PHP48.5M Remittance to Nueva Vizcaya
News

OGPI Strengthens Local Ties with PHP48.5M Remittance to Nueva Vizcaya

May 29, 2025

FEATURED POST

MGBEA Forum Highlights Push for Stronger Employee Welfare and Sustainable Public Service

MGBEA Forum Highlights Push for Stronger Employee Welfare and Sustainable Public Service

June 5, 2025
Dinapigue Mining Launches Environment Month with Community Plogging Drive

Dinapigue Mining Launches Environment Month with Community Plogging Drive

June 5, 2025
Philex Mining Officially Unveils Silangan Copper-Gold Project in Surigao del Norte

Philex Mining Officially Unveils Silangan Copper-Gold Project in Surigao del Norte

June 5, 2025
Nickel Asia buys 33.05M shares in Coral Bay Nickel

Planned Closure of CBNC Plant Raises Questions for Palawan’s Mining-Dependent Communities

June 5, 2025

EDITOR PICK'S

MGBEA Forum Highlights Push for Stronger Employee Welfare and Sustainable Public Service

June 5, 2025

Dinapigue Mining Launches Environment Month with Community Plogging Drive

June 5, 2025

Philex Mining Officially Unveils Silangan Copper-Gold Project in Surigao del Norte

June 5, 2025

Planned Closure of CBNC Plant Raises Questions for Palawan’s Mining-Dependent Communities

June 5, 2025

Mining Body Refutes Claims of Sierra Madre Destruction in Dinapigue

May 30, 2025

OGPI Strengthens Local Ties with PHP48.5M Remittance to Nueva Vizcaya

May 29, 2025

Benguet Corporation Posts Fivefold Profit Growth in First Quarter of 2025

May 22, 2025

Recent News

MGBEA Forum Highlights Push for Stronger Employee Welfare and Sustainable Public Service

MGBEA Forum Highlights Push for Stronger Employee Welfare and Sustainable Public Service

June 5, 2025
Dinapigue Mining Launches Environment Month with Community Plogging Drive

Dinapigue Mining Launches Environment Month with Community Plogging Drive

June 5, 2025

Category

  • Business
  • Features
  • News
  • Uncategorized

Follow us

  • Setup menu at Appearance » Menus and assign menu to Footer Navigation

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.

No Result
View All Result

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.

Login to your account below

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In