The Philippine government has already finalized the updated Financial and Technical Assistance Agreement (FTAA) with Australian-Canadian miner OceanaGold Corporation (OceanaGold) nearly two years since the major mining deal expired. MGB Director Wilfredo Moncano (Photo credit:...
Australian-Canadian miner OceanaGold Corporation (OceanaGold) said the renewal of its Financial and Technical Assistance Agreement (FTAA) with the Philippine government for the Didipio gold and copper mine in Nueva Vizcaya has remained uncertain. And that the company now expects to spend $1.5...
As many as 496 employees at the Didipio gold and copper mine have lost their jobs during the first round of permanent layoff conducted by Australian-Canadian miner OceanaGold Corporation (OceanaGold). Along with the termination of direct employees, approximately 400 people working with...