OceanaGold owns and operates the high-grade gold-copper Didipio Mine which is located approximately 270 kilometres north of the Philippine capital of Manila on the island of Luzon.
Commercial production at Didipio was declared effective April 1 2013. The Company is currently ramping-up the throughput rate of the process plant to the planned 3.5 million tonne per annum rate by the end of 2014. Over the 16-year mine life, Didipio nominal production will be 100,000 ounces of gold and 14,000 tonnes of copper.
The Didipio Mine workforce consists of 1,800 employees and contractors of which over 98% are Filipino nationals including more than 50% from the local communities. OceanaGold has an unwavering commitment to its stakeholders in the Philippines and has been a significant contributor to the economic and social wellbeing of the region in which it operates in. The Company has been the proud recipient of a number of awards and accolades including:
- 2014 Gold Award for Women Empowerment from the Global CSR Summit
- 2013 Environment Most Compliant from the Department of Environment and Natural Resources
- 2013 Didipio Emergency Response Team appreciation for its assistance in the rescue and relief operations following the destruction caused by Typhoon Haiyan (Yolanda) and the earthquake on the Island of Bohol both in the Visayas region.
- 2012 Environment, Health and Safety Appreciation Award
The Didipio FTAA-001 straddles a mountainous region between the provinces of Nueva Vizcaya and Quirino in Northern Luzon ~270km north of Manila. Approximately 30 gold-copper prospects are known within the FTAA which have had varying levels of exploration over past years.